BCC Economic Forecast: Testing times as quarterly growth dries up
Quarterly economic growth is expected to grind to a halt this year before dipping briefly into negative territory as global events continue to weigh heavily on the UK economy. UK Economic Outlook – 2022 The British Chambers of Commerce has downgraded its expectations...
IW Chamber Business Awards with WightFibre – the winners!
IW CHAMBER BUSINESS AWARDS 2022 with WIGHTFIBRE The Island’s biggest and most prestigious awards have been presented – for the first time since 2019. Top Mops has been named the Business of the Year, receiving a standing ovation from the capacity crowd at Cowes Yacht...
Council distributes over £4.3 million to Island hospitality and leisure businesses
With the completion of work to allocate the government's Omicron Hospitality and Leisure Grant, plus the Additional Restrictions Grant, a total of over £4.3 million has been handed out by the Isle of Wight Council to support Island businesses in the hospitality and...
Nominations announced!
IW CHAMBER BUSINESS AWARDS 2022 sponsored by WightFibre Nominations announced! The nominations have been announced for the Isle of Wight’s most prestigious awards. The IW Chamber Business Awards 2022, sponsored by WightFibre, will be presented at Cowes Yacht Haven on...
BCC gives response to Chancellor’s Spring Statement 2022
Giving her reaction to the Chancellor’s statement, Shevaun Haviland, Director General of the BCC, said: “The Spring Statement falls short of the action businesses needed to see today. While there are some positive announcements that firms will welcome, it did not...
New government COVID funds to help small firms with business rates
Eligible businesses on the Island will be given additional help with business rates through the COVID-19 Additional Relief Fund (CARF). The government has allocated £2.6m for businesses on the Island. The COVID-19 Additional Relief Fund is intended to support those...
First payments of latest COVID business grants are made
The first Island businesses are seeing payments of the government-funded omicron hospitality and leisure grant arrive in their bank accounts. But the Isle of Wight Council is warning business owners to check their eligibility and apply, or risk losing out. The...
Omicron Hospitality and Leisure Grant
Further government grants to support businesses in the hospitality, accommodation and leisure sectors were announced by the government just before Christmas last year. Now the Isle of Wight Council is giving more details of how the scheme will be operated on the...
HMRC gives Self Assessment taxpayers more time to ease COVID-19 pressures
HM Revenue and Customs (HMRC) is waiving late filing and late payment penalties for Self Assessment taxpayers for one month – giving them extra time, if they need it, to complete their 2020/21 tax return and pay any tax due. HMRC is encouraging taxpayers to file and...
A new year – and how you can grow your business organically. By IW Chamber President Jonathan Thornton
At the beginning of every new year, there’s the chance to look forward to what it might have in store for us and the opportunity to look back at the old year to muse on our successes and where we think there might be room for improvement. Awards season will soon be...