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Economy
12:04, 13 APR 2020
Warning of long-term damage to seaside towns and tourist destinations
Economy
The public are being encouraged to avoid tourist hotspots but councils say this will damage many local economies
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Criteria for grant support under the Welsh Government's £500m Economic Resilience Fund revealed
Economic Development
Micro-businesses could get £10,000 and SMEs £100,000, providing they are not in receipt of existing Covid-19 support
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Business Secretary's praise for 'enormous efforts' of manufacturers as he urges them to keep going
Economic Development
Business Secretary Alok Sharma has paid tribute to the work of manufacturers and industry as employees “keep the Ƶ economy going”, highlighting how there are no restrictions to such activity continuing.
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Thousands of businesses at high risk of collapse due to supply chain disruption
Economy
Study by Durham University Business School highlights dangers after assessing 1.7m businesses in the North and Midlands
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Chancellor Rishi Sunak warns he can't save every business or job as the coronavirus crisis continues
Coronavirus
Government unveils £750m fund to support charities hit by outbreak
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The new app helping your local takeaway to butcher fight back against the economic fallout from Covid-19
Retail & High Street
iTown is a virtual shop window being rolled out across Wales starting in Treorchy
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Wrigley temperature checks workers as it continues gum production
South West
Maker of Airwaves and Hubba Bubba is not closing its Ƶ factory during the COVID-19 pandemic but has brought in measures to keep staff safe
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Development of Bank of Wales has no plans to ditch personal guarantee criteria for its £100m Covid-19 fund
Banking & Finance
The fund based on applications received is already heavily oversubscribed
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Leicestershire brick-maker Ibstock prepares to furlough ‘significant proportion’ of staff
East Midlands
It follows the closure of manufacturing sites across the Ƶ
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Firms on a "cliff edge" as not enough help getting to them, business group warns
Economy
Latest British Chambers of Commerce survey comes at the same time as major warnings from a number of industry bodies
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Bleak outlook for South West manufacturers as COVID-19 wreaks havoc
South West
Small and medium-sized manufacturers in the South West are being hit hard by the COVID-19 pandemic with 87% of companies identifying a significant decrease in production volumes, a study has found.
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Torbay loses £20 million tourism spending in March alone
South West
The chairman of the South West Business Council said the news "unabashedly bad"
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Businesses have received £150m in emergency Covid-19 grants from the Welsh Government
Coronavirus
The grants administered through local authorities have already reached 11,000 firms
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Derbyshire manufacturer reopens to make face guards for coronavirus front-line staff
East Midlands
Specialised Canvas designs and develops new product in a matter of days
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This city is providing an £85m 'lifeline' for thousands of firms devastated by coronavirus
East Midlands
"This £85 million will help provide a lifeline to many of those in this unprecedented period of uncertainty"
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Shoe Zone furloughs staff and conserving cash in bid to maintain “satisfactory liquidity position”
Retail & High Street
Shoe Zone said a decision last month to cancel its final dividend for 2019 could save it £4 million
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We need urgent government support for start-ups - Dylan Jones-Evans
Coronavirus
Help for start-ups has fallen between the cracks of the unprecedented levels of support that is currently available for businesses across the Ƶ
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More than £120m paid out to North East businesses in coronavirus support
Economy
Councils in the region are helping small firms and those in the hospitality, leisure and retail sectors
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Prince's Trust and NatWest launch £5m fund to help young entrepreneurs through the coronavirus crisis
Coronavirus
'It is imperative that the next generation of entrepreneurs also get the support that they need'
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Cardiff Airport to receive Welsh Government aid during coronavirus pandemic
Economy
The Welsh Government will provide finance to support the reduced operations and to maintain solvency, half the staff at the airport will be put on furlough
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Coventry and Warwickshire Chamber appoints new vice president
West Midlands
Tom Mongan is general manager of Nuneaton-based manufacturing company Subcon Laser
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Burleighs Gin still supplying despite bar and club closures
Food and Drink
In a bid to keep ticking over, the business is also offering discounts, competitions and “stay at home kits” to customers
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Ad Feature
SME manufacturers to have their say on Covid-19 impact
Manufacturing Advisory Service
Views sought as spectre of coronavirus hangs heavy on British business
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Airbus workers to build 10,000 ventilators for the NHS in coronavirus fight
Coronavirus
The aerospace giant will work 'day and night' at the AMRC Cymru centre in North Wales
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