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More than half of Swindon businesses started in 2014 have now closed

More than half of the 1,125 companies started in Swindon in 2014 failed to stay in business for five years. Office for National Statistics data shows that after three years 700 of these businesses were still active, and by 2019 just 500 remained. Thats a five-year survival rate of 44 per cent, which is slightly above the UK average of 43 per cent and above the lowest rate in the region of 38 per cent, in Plymouth Survival rates for businesses in clothes manufacturing, food services and ...
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'Brand Rishi' will be the chancellor's toughest test yet

‘Brand Rishi’ will be the chancellor’s toughest test yet By Simon Fitzpatrick 14 th December 2020 2:13 pm Many new phrases have entered the UK’s political lexicon in 2020. Most of them – ‘lockdown’, ‘social distancing’, ‘contact tracing’ – concern the array of measures at the government’s disposal to tackle Covid-19. But there is another popular new term in Westminster which is more loosely connected with the virus. I’m talking about ‘Br...
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Yeovil's restaurants 'hanging on for dear life' as tier 2 restrictions hammer Christmas trade

Yeovil’s restaurants hanging on for dear life as tier 2 restrictions hammer Christmas trade Venues in the town have been hit by an avalanche of cancellations as a result of the restrictions Updated Tamburino owner Domenico Taravella has described the challenges the restaurant has faced as a result of the coronavirus pandemic GET THE BIGGEST STORIES FROM ACROSS SOMERSET STRAIGHT TO YOUR INBOXInvalid EmailSomething went wrong, please try again later. SIGN UP When you subscribe we will use th...
United Kingdom United States Dominico Taravella Matt Thackwell South Somerset Western Terrace

Tier 2 coronavirus restrictions choke Basingstoke pubs

We used to have 16 staff, now only 4: New rules choke Basingstoke pubs PUBS IN Basingstoke are struggling to keep the business going as Tier 2 restrictions continue in the region. Several pubs without kitchens remain shut in Basingstoke as the government has banned landlords in Tier 2 region from selling alcoholic beverages without a ‘substantial meal’. The manager of a pub in Old Basing said 80% of his staff are out of work because of the new restrictions. “We used to have 15-16 ...
United Kingdom Jim Kelly Old Basing Gold Lion Kurt Money Eat Out

Oakman Inns Covid-19 share issue

The independent owner and operator of 27 pubs across southern England and the West Midlands, the Oakman Group, is seeking £4.5m to accelerate plans to double its estate by 2026. The £44m turnover Group, which employs in the region of 1,000 staff members and has been ranked in the top 30 of The Sunday Times 100 Best Companies to Work For five times, will shoot for a £4.5m target by selling shares at £2.75 each, with a minimum investment of 350 shares – or £962...
United Kingdom Peter Borg Neal Dermot King Oakman Group Companies To Work While The Oakman Group

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'This isn't all going to be over in one go' Social distancing rules could last for another year

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City Of United Kingdom Tim Spector King College London Royal Society Of Medicine Covid College London

UK GDP set to be twice as bad as peers in 2020 despite record coronavirus rebound

Search Home / News / UK GDP set to be twice as bad as peers in 2020 despite record coronavirus rebound UK GDP set to be twice as bad as peers in 2020 despite record coronavirus rebound Vaccine provides hope for 2021 but could upset markets if stimulus is dialled back The UK is on track to be one of the worst hit European economies in 2020, according to Q3 GDP figures released a day after the country became the first in the region to surpass 50,000 deaths from Covid-19. While...
United Kingdom South Gloucestershire Charles Hepworth Hugh Gimber Rupert Thompson Paul Craig

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