More than 800 businesses have applied to Swindon Borough Council for the Government grants announced in response to the COVID-19 pandemic.
The Council confirmed today (Friday) that it had issued more than £3.25 million in grants so far and continues to work through hundreds of applications for funding for small businesses and those in the retail, hospitality and leisure industries.
Around £1.5 million has been issued to small businesses this week as Wiltshire Council starts to release vital grants to support struggling businesses during the coronavirus outbreak.
Earlier this week the council wrote to over 8,000 businesses eligible for either a £10,000 grant for businesses in receipt of Small Business Rates Relief (SBRR) or rural rates relief and up to £25,000 for businesses in the retail, hospitality and leisure sectors with a rateable value of less than £51,000.
Commercial property agent Kilpatrick & Co has promoted its office manager to the position of property manager, giving him responsibility for clients' properties and their tenants' welfare across the south-west.
Daniel Pitt, who takes up the position with immediate effect, joined the firm four years ago.
British businesses have reported a "sharp and significant fall" in revenues, according to the results of the first Coronavirus Business Impact Tracker.
The tracker was established by the British Chambers of Commerce, the national organisation whose membership includes Thames Valley Chamber of Commerce and Business West.
Nationwide Building Society is scrapping plans to enter the UK business banking market, saying the coronavirus pandemic has made it unviable.
The Swindon-based society said it will return the £50 million grant funding it was awarded from the Banking Competition Remedies’ Capability and Innovation Fund and won't participate in the Incentivised Switching Scheme.
A prime industrial/warehouse unit on a new development at Amesbury’s Solstice Park has been snapped up by a company working the print, prop and interior design field.
The end-terrace Unit 207, Beacon Centre has been acquired by Vizual Koncept Ltd in a deal brokered by property consultancy Myddelton & Major.
A relaxation of the insolvency rules to help businesses weather the storm of coronavirus has been welcomed by business groups.
New rules will allow companies to continue buying supplies such as raw materials or energy while they attempt a rescue.