The Business : News

Greg Palfrey, National Head of Restructuring and Recovery at Smith & Williamson

Nuffield Southampton Theatres to close

Long-established theatre operator Nuffield Southampton Theatres (NST) is to permanently close after potential buyers were unable to meet conditions set by stakeholders. Greg Palfrey and Steve Adshead, from the South Coast office of Smith & Williamson in Southampton, were appointed joint administrators of NST in May after the venue experienced financial difficulties due to the pandemic.

Recession proof your business by creating your own banking facilities

No one can be in any doubt about the devastating effect the pandemic has had on businesses - both large and small, and across all sectors. While more people have headed back to work in non-essential areas and pubs, restaurants and hairdressers are about to re-open, the alert level has only just been reduced from four to three. That means the epidemic is still in general circulation and we have a long, slow process ahead for businesses to get back on their feet and to reach anywhere near the new "normal".

Brian Harvey Partner and Head of Agriculture PKF Francis Clark

"You can't furlough a cow" - local reaction to the Government's dairy response fund

Dairy Response fund doesn't go far enough as fragility of the supply chain is exposed Set up to address the business impact of Covid-19, the Government's new dairy response fund is open to applications from today. (THURSDAY, JUNE 18TH)

Clare Gallie Chief Executive of Lewis-Manning Hospice Care

£40k grant to support health care coalition

A group of health care providers across Dorset are working together on a new project focusing on sharing end of life experiences thanks to a one-off grant of £40,000 made by Dorset Clinical Commissioners.

Webinar to provide advice for R&D and innovation businesses

At the start of 'lockdown', Poole-based Inspire Professional Services launched a programme of free, interactive webinars to support the local business community during the Coronavirus pandemic. The series of webinars, held weekly via Zoom, have covered topics related to the government's measures to help businesses, including the Coronavirus Job Retention Scheme and the Coronavirus Business Interruption Loan Scheme (CBILS) and have been attended by over 250 business leaders so far.

Over-60s and new mothers among groups most likely to miss out on government self-employed support

Over-60s, 50-59-year-olds and new mothers are three of the groups most likely to miss out on government self-employed support because they went into freelancing too recently, according to new research by IPSE (the Association of Independent Professionals and the Self-Employed).

Garry Lee - Chair R3 Southern Thames Valley Committee

Trade body experts offer business and personal finance advice

Coronavirus advice for businesses from R3 Southern & Thames Valley Committee R3, the insolvency and restructuring trade association, has released advice for businesses in the South and Thames Valley which may be affected by the COVID-19 pandemic. It includes a number of action points and advice from Garry Lee, chair of R3's Southern & Thames Valley Committee.

Stuart Rogers a corporate tax partner at accountancy and business advisory PKF Francis Clark

Funding for innovative responses to coronavirus pandemic

Innovative businesses in Dorset, Hampshire and Wiltshire are being encouraged to apply for grants to fast-track technological solutions to disruption caused by the coronavirus pandemic. But they will need to act fast, as the deadline for applications to the funding competition, run by Innovate UK, is this Friday (April 17)

FSB highlights gaps in coronavirus income support measures for self-employed

Responding to concerns about those not included in the UK Government's Self-Employed Income Support Scheme, Dorset Development Manager for the Federation of Small Businesses (FSB) Nicola Bailey said: "While the Government's Self-Employed Income Support Scheme will help 3.8 million people, and is therefore welcome, there remain groups who are completely out of scope and feel left behind.

FSB welcomes government support package for self-employed

Responding to the Chancellor Rishi Sunak's pledge of financial support for the self-employed impacted by the coronavirus crisis, Dorset Development Manager for the Federation of Small Businesses (FSB) Nicola Bailey said: "This bold support package from the government will give much-needed help to vast numbers of self-employed workers, guaranteeing 80 per cent of income to those affected, with earnings of up to £50,000.

Dorset Business Angels launch virtual investor pitches

Dorset Business Angels (DBA) April pitch event has been relaunched as a virtual pitch platform which will enable 5 businesses the opportunity to continue to seek investment from the business angels.

Small firms applaud £330 billion loan pledge as Chancellor promises to do "everything necessary" to help businesses

Following on from the announcement of a range of measures to support small firms impacted by current coronavirus-linked disruption in last week's Budget, the Chancellor has pledged:

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