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Chamber News & Blog

Important announcements from the Chamber, our members, local Councils and other relevant business news will be posted regularly here.

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  • 08 April 2020 3:17 PM | Lauren Martin-Grieveson (Administrator)

    Economy Watch - ‘We are facing a potential £8 billion hit to our economy’

    Coast to Capital Cheif Executive, Jonathan Sharrock  has written a blog which will focus on the huge impact which COVID-19 is having on businesses centered around Gatwick Airport and the aviation based economy which is just one aspect to our complex and diverse economy.

    Following the news that Gatwick Airport has consolidated its operations and limited runway opening hours, airport handlers have warned that they are close to collapse putting 25,000 jobs across the country at risk.  Many of these will be based around Gatwick.  We estimate that the aviation sector in our region could face an up to £8 billion hit across the coming year.

    Stories from the supply chain

    Please keep sending through your stories from the supply chain to our news focused email address news@coast2capital.org.uk or tweet us @coast2capital and tag #c2cEconomyWatch.

    We want to hear from you directly so do record a short video and send this to us via email for our new ‘Economy Watch’ blog section of our website. - Launching Soon!

    We are hearing that the massive reduction in aviation demand by passengers and subsequent hit to the aviation related economy around Gatwick Airport is now filtering out to the wider economy.  

    For example, a successful manufacturer of testing equipment, which exports 80% of their goods globally is finding it impossible to send their products over to Asia. Other exporting companies have told us that air freight rates have increased by up to 80%.  The situation is clearly having a significant impact on businesses across the region who export goods via piggy backing on to passenger flights.

    The impact on Manor Royal Business District

    Pre-COVID-19 the Gatwick Diamond, the cluster of towns in East Surrey and West Sussex surrounding Gatwick airport, had a combined economy of £24 billion and 368,000 jobs. It represents a symbiotic economic relationship between the airport and the local area that has grown and developed over 70 years.

    Manor Royal Business District, our area’s largest business park and situated very close to Gatwick, is home to more than 500 businesses employing 30,000 people, including blue-chip global brands. Its 240 hectares include headquarters for Virgin Atlantic, CGG, Thales, Varian Medical Systems, Elekta, Vent-Axia, and Doosan Babcock Energy. 

    Executive Director of the Manor Royal BID reports that that the impact on the park is mixed with some companies very, very busy (e.g. logistics), some ticking along (e.g. med-tech) and others very much struggling and worried about survival for whom the available grants and support either help a bit or not at all.  For example companies that depend on gatherings and assembly (e.g. those involved in the events industry) but that are not technically classified as retail, leisure or hospitality. For them no relief from rates and no cashflow. 

    More to come

    We continue to receive data that suggests that our area is amongst the worst hit parts of England for job losses (outside London) and we are assessing the impact of COVID-19 to focus our Local Industrial Strategy on our recovery from the crisis.

    For future blogs I will also focus on the economy of Brighton and the South Coast and other key sectors including our agriculture sector and glasshouse economy.  Also on the impact on SMEs and how our new Backing Business Grant support is starting to help these businesses. 

    The team and Board is thinking hard about the following and we will report further when things start to become clearer:

    • The potential challenges that will be faced on the return to work.  What is the impact of blanket restrictions on working people?  What measures do we need to put in place to support a quick return to work in our region?
    • The investment and support will be needed to support recovery.  Is this infrastructure? Or help for people to retrain? Or sector interventions? How to protect business confidence?
    https://www.coast2capital.org.uk/media-centre/blog-articles/economy-watch---we-are-facing-a-potential-8-billion-hit-to-our-economy.html 


  • 08 April 2020 3:12 PM | Lauren Martin-Grieveson (Administrator)

    SME Emergency Response Clinics launched

    The COVID19 outbreak poses substantial challenges to businesses across the Coast to Capital area and the dedicated Coast to Capital Growth Hub team is committed to supporting businesses in Greater Brighton, West Sussex, East Surrey and Croydon by providing practical support and signposting to reliable information to help address the challenges of these exceptional times.

    Our Growth Hub have brought together our team of Growth Champions who can help you to develop business resilience and answer any questions you may have.

    They will running FREE one hour bookable sessions for 1-2-1 conversations with one of our selected group of business experts. The sessions will be running online from 8.00am to 8.00pm and therefore there will be up to 10 available appointments each day. Each day will have a theme and we hope to address topics of most relevance to the challenges being faced by businesses in our area.

    The sessions will be confidential and can be offered as either video or audio calls to suit you. If you require support in another area please complete this online form and one of the team will respond.

    Click here to book your 1-2-1 slot now 

  • 07 April 2020 3:33 PM | Lauren Martin-Grieveson (Administrator)

    Coronavirus Business Support Guide

    The Martlet Partnership have created a guide to help businesses during this crisis. 

    Navigating the Crisis 
    The Coronavirus (COVID-19) pandemic and associated shutdown has significantly affected many businesses. We know you may be suffering in terms of cash flow and face enormous uncertainty about the future for your business. We will do all we can to help you.

    In this newsletter we have brought together what you need to know about the Government help available for small businesses. HMRC is automatically deferring the next VAT and Income Tax bills, and it will agree extra time for you to pay Corporation Tax and PAYE, but those terms need to be negotiated individually.

    Unfortunately, it takes time to set up new systems to provide cash injections directly into businesses, but there are Government grants on their way to the Self employed and employers to cover 80% of profits or wages. We explain who will qualify for these grants.

    A large number of businesses will have their Business Rates bill for 2020/21 wiped out, and smaller businesses will be eligible for cash grants of £10,000 or £25,000 from their local authority. Don’t be caught out by scammers, as all the Government grant money will come through either HMRC or the local authority you pay business rates to. Those organisations will not use email, text messages or phone calls to contact you so don’t click on links in any unsolicited communications.

    If you are renting your home or business premises and are having difficulty in paying your rent, you should speak to your landlord. The law has been changed to require the landlord to give you at least three months notice to leave the property. All current court proceedings concerning evictions have been paused.

    If you are worried that your business has more outgoings than sales and is heading for bust, any of these measures may be able to help you. The Government has temporarily changed the rules on wrongful trading to allow companies to pay staff and suppliers even if the directors fear this could mean the company is made insolvent. Your creditors will not be able to force your business into administration or liquidation for a temporary period during the pandemic.

    Click here to view full Coronavirus Business Support Guide

    For more information on The Martlet Partnership visit their website here or email. 

  • 07 April 2020 2:45 PM | Lauren Martin-Grieveson (Administrator)

    Have you got a Crisis Communication strategy?

    Did you get the message?

    As the impact of the global coronavirus outbreak continues to change our lives as we know it. People across the globe are adopting new ways of working to help authorities stem the worldwide spread of COVID-19. New ways of working create new challenges as well as new opportunities and collaborations. Organisations will find that 'not' having a communication strategy will impact employee’s productivity and reduce their engagement

    Lack of direct communication with your most important assets could make them feel isolated, disengaged and 'out of the loop' from decision makers. Effective communication is critical as companies adjust to navigate this global issue. Common questions people ask when going through major operational changes:

    • How quickly can we notify our global workforce of change?
    • How do we inform multiple individuals and stakeholders about this? 
    • How do we know if important messages have been received and actioned? 
    • How can we reduce the rumours and misinformation that may cause further disruption?         

    ‘You’ve got mail’ 

    Many organisations will solely rely on mass emails to share critical communications. Although it’s a widely adopted tool and a universal platform, it has limitations: 

    • Emails are often delivered to junk or other folders where they may be missed by the recipients
    • Information can be lost amongst all other incoming messages 
    • The onus is on the recipient to assess the relevance of the email 
    • Emailing multiple people can be cumbersome and slow 
    • Recipients can choose to ignore communications regardless of the importance 
    • Not knowing if your message has been read or understood 
    • Monitoring multiple responses can be difficult 

    Multi-channel communication 

    Mass notification systems that have the capability to share information through multiple channels are a necessity to organisations going through change. Systems that allow you send several communications via different means at the same time, help ensure no one is left in the dark. Instantly sharing operational changes, safe working advice or vital safety alerts at a push of a button. 

    What are the benefits? 

    • Utilise multiple channels to deliver you messages 
    • Provide clear and consistent messaging from one central place 
    • Instantly share up-to date advice or change in company procedures or vital operational updates 
    • Deliver messages to 1 or 10000 recipients immediately 
    • Use geographical locations to send messages to specific individuals or groups 
    • Schedule regular and automatic communications   
    • Share media, documents and policies
    • Invite users to the official company collaboration channels such as, slack, Trello or Asana.

    Respond with confidence

    Mass notification platforms allow employees to respond to a specific question or report issues directly to their senior management. This allows companies to make decisions based on actual responses and real time data. Robust systems will let you know if a message has been delivered, confirm if the recipients have read and acknowledged your message. 

     

    Giving senior management the confidence that their workforce is fully informed, and if required they have the flexibility to send follow up communications automatically through pre-defined or instant individual messages.  

    While the global impact of the ongoing COVID-19 pandemic is still unclear, organisations can try control the impact to employees and operations by adopting new ways of communicating. Keeping all their people in the loop and informed of relevant information and critical developments. Giving their workforce a means to respond and report problems directly, allowing their management to make informed and faster decisions.

    Locate Global

    Locate Global's Multi-Channel Communication module allows you to disseminate vital communications instantly to all your stakeholders from one central place.

    • Delivery and read confirmations 
    • Quick deployment and onboarding 
    • Easy to use interface 
    • Scalable infrastructure 
    • Fully auditable and detailed management reports 

    For information please contact enquiries@priavosecurity.com


  • 07 April 2020 1:50 PM | Lauren Martin-Grieveson (Administrator)

    Indigo Restaurant will be delivering Easter Weekend right to your door

    We have been thinking about you and we are missing just doing what we love to do which is produce and serve lovely food.
     
    And Easter is a time of celebration which as you know we like to do !!
     
    So as you cannot come to us we will come to you! simples! or is it simnels??!!

    To start the Easter Weekend we have seafood and blues to your door on Good Friday, with some fantastic music from some very talented musicians available online for your listening pleasure while you enjoy lunch!

    And the Easter Bunny will be dropping by with delightful afternoon tea and fizz for you on Easter Sunday.

    As presently we are unfortunately not able to be sociable you may think it would be nice to send this as a gift to a friend or relative in the area to remind them that you are thinking about them and cheer them up!
     
    …..then you can eat and listen to the music “together” 

    And what is more 15% of each guests order will go to Love Your Hospital which is the dedicated charity for Western Sussex Hospitals NHS Foundation Trust and raises funds for St Richard’s, Worthing and Southlands Hospitals.

    For more information visit  www.indigorestaurant.info 

  • 07 April 2020 1:30 PM | Lauren Martin-Grieveson (Administrator)

    Davison High School need equipment to make Visors for Worthing Hospital  

    The Davison DT Team have made Visors to give to Worthing Hospital, but have now run out of materials. Worthing Hospital have asked if they can make some more Visors as they are running low. 

    Davison are looking for: 

    • 1mm transparent acetate
    • HIPs or Polycarbonate plastic min size 300x300mm 
    • Elastic 1 / 1.5cm
    • Expanded foam  

    Please email louisepoland@icloud.com if you can help

  • 07 April 2020 1:17 PM | Lauren Martin-Grieveson (Administrator)

    Monk Marketing Covid-19 Catalogue

    Now available:

    • Face Masks
    • N95 (FFp2) Face Masks
    • Antibacterial Wipes
    • Hand Sanitiser
    • Digital Thermometers 
    • Contactless Thermometers 
    • Latex Gloves
    • Nitrile Gloves 

    All these items can be supplied on a 3 week lead time. 

    For further information please contact Mike on 01273 286133 or 07885 490266 or email mike@monkmarketing.com

    Click here to view full Covid-19 Catalogue 

  • 07 April 2020 12:21 PM | Lauren Martin-Grieveson (Administrator)

    Coast to Capital Growth Hub COVID 19 Support

    This is an update of the support that the Coast to Capital Growth Hub Team can provide to businesses in response to the COVID-19 pandemic.

    Following a very high demand for the Coast to Capital Backing Business Grants, the programme is currently paused for applications.  We have received interest from 450 in just a few days.  Businesses can still submit an eligibility checker but will join a waiting list queue.  Please note however that there is no guarantee funds will be available once the existing applications have been processed.  The criteria, eligibility checker and FAQs can be seen by following this link https://www.coast2capital.org.uk/backing-business-grants

    The Growth Hub Team are available to respond to businesses by providing support and signposting to the latest information and support during this testing time.

    Growth Hub Advisers are on hand to talk through business issues and will be able to refer businesses to specialist financial and other advice and potentially fund an initial day’s support.

    We engaged 22 of our Growth Champions to provide additional support for businesses including one to one video clinics, webinars and specialist advice.

    All members of the Coast to Capital team are liaising with business contacts and stakeholders to understand the issues that businesses are facing and reporting that to Government for support where these can be resolved.  A copy of our survey form is enclosed for information.

    We have established a Priority COVID 19 Business Support Request Form that businesses are invited complete and we will follow up with one to one advice and signposting. 

    We are keen to work with local and national government, business support organisations including the Chambers of Commerce, membership organisations, IOD and the Federation of Small Businesses to provide coordinated support and to provide collected feedback to BEIS as part of our weekly reporting.

    Coast to Capital have launched a series of one to one video or telephone clinics on key topics. Here is the table with the registration links:

    Monday 6 April

    Finance– working capital, cash flows and maintaining turnover

    Click here to register

    Tuesday 7 April

    Grants and funding– all the sources of finance within the area

    Click here to register

    Wednesday 8 April

    Finance– working capital, cash flows and maintaining turnover

    Click here to register

    Thursday 9 April

    Grants and funding– all the sources of finance within the area

    Click here to register

    Wednesday 15 April

    Innovation -diversification, new ideas and new business opportunities

    Click here to register

    Thursday 16 April

    Technology– home working, communication, collaboration & productivity

    Click here to register

    Friday 17 April

    Mental Resilience– coping with home life, fitness, health and mental wellbeing

    Click here to register


  • 07 April 2020 9:18 AM | Lauren Martin-Grieveson (Administrator)

    CACHE/NCFE Level 2 Certificate short courses - Greater Brighton Metropolitan College

    What are the specific details?
    Duration: You have up to 8 week to complete the course
    Venue: Run via distance learning and can therefor be fitted around work and personal life
    Cost: Free (Government funded) 

    CACHE/NCFE Level 2 Certificate in

    Business and enterprise courses:

    • Equality and Diversity 
    • Lean Organisation Management Techniques 
    • Principles of Business and Administration 
    • Principles of Customer Service 
    • Principles of Team Leading 
    • Understanding  Data Protection and Data Security 
    • Understanding Workplace Violence and Harassment 

    Health and social care courses:

    • Cleaning Principles 
    • Common Health Conditions
    • Customer Service for Health and Social Care settings
    • Falls Prevention Awareness
    • Information, Advice or Guidance 
    • Principles of Care Planning 
    • Principles of Dementia Care 
    • Principles of End of Life Care
    • Principles of the Prevention and Control of infection in Health Care settings
    • Principles of working with individuals with learning difficulties 
    • Understanding Autism 
    • Understanding behaviour that challenges 
    • Understanding children and young people's mental health 
    • Understanding dignity and safeguarding in adult health and social care
    • Understanding working with people with mental health needs

    For more information click here

  • 03 April 2020 2:52 PM | Lauren Martin-Grieveson (Administrator)

    Coronavirus Business Interruption Loan Scheme expanded to benefit more smaller businesses across the UK 

    • Personal guarantees cannot be taken for any facilities below £250k
    • Insufficient security no longer a condition to access the scheme
    • Personal guarantees may be required for facilities above £250k but capped at 20% of the outstanding balance after business asset recoveries
    • Lenders to retrospectively apply changes

    2 April 2020: Launched on 23 March, today the Coronavirus Business Interruption Loan Scheme (CBILS) has been significantly expanded along with changes to the scheme’s features and eligibility criteria. The changes mean even more smaller businesses across the UK impacted by the Coronavirus crisis can access funding.

    Importantly, access to the scheme has been opened up to those smaller businesses who would have previously met the requirements for a commercial facility but would not have been eligible for CBILS. This significantly increases the number of businesses eligible for the scheme.

    Since CBILS launched less than two weeks ago, almost 1,000 facilities valued at £90.5m have been approved by lenders accredited to the British Business Bank’s CBIL Scheme. More than 80% of the UK’s smaller businesses have a finance relationship with CBILS accredited lenders.

    The first facility was delivered under the scheme by Yorkshire-based Skipton Business Finance, with other lenders including the Business Enterprise Fund, Newable Business Loans, the Northern Powerhouse Investment Fund, Finance For Enterprise, Danske Bank, Clydesdale Bank and HSBC. The number of providers of the scheme will continue to grow and new alternative finance lenders will continue to be accredited to the scheme creating more choice and diversity of supply for smaller businesses.

    About the scheme

    The Coronavirus Business Interruption Loan Scheme, delivered through 40+ British Business Bank accredited lenders, is designed to support the continued provision of finance to UK smaller businesses (SMEs) during the Covid-19 outbreak. The scheme enables lenders to provide facilities of up to £5m to smaller businesses across the UK who are experiencing lost or deferred revenues, leading to disruptions to their cashflow.

    It supports a wide range of business finance products, including term loans, overdrafts, invoice finance and asset finance facilities.

    Updated scheme features

    • No personal guarantees for facilities under £250k: Personal guarantees of any form cannot be taken under the scheme for any facilities below £250k.
    • Personal guarantees for facilities above £250k: Personal guarantees may still be required, at a lender’s discretion, but recoveries under these are capped at a maximum of 20% of the outstanding balance of the CBILS facility after the proceeds of business assets have been applied. A Principal Private Residence (PPR) cannot be taken as security to support a personal guarantee or as security for a CBIL backed facility.
    • Security: For all facilities, including those over £250,000, CBILS can now support lending to smaller businesses even where a lender considers there to be sufficient security, making more smaller businesses eligible to receive the business interruption payment1.

    We have communicated that these changes should be retrospectively applied by lenders for any CBILS facilities offered since 23 March 2020. For any commercial (non-CBILS) facilities offered since the same date, providing the borrower meets the CBILS eligibility criteria, lenders have been asked to bring these facilities onto CBILS wherever possible (e.g. where the lender is accredited to offer the same facility through CBILS) and changes retrospectively applied as necessary.

    Existing scheme features

    • Up to £5m facility: The maximum value of a facility provided under the scheme is £5m, available on repayment terms of up to six years.
    • No guarantee fee for SMEs to access the scheme: No fee for smaller businesses. Lenders will pay a fee to access the scheme. Interest and fees paid by Government for 12 months: The Government will make a Business Interruption Payment to cover the first 12 months of interest payments and any lender-levied fees2, so smaller businesses will benefit from no upfront costs and lower initial repayments.3 Finance terms: Finance terms are up to six years for term loans and asset finance facilities. For overdrafts and invoice finance facilities, terms will be up to three years.
    • 80% guarantee: The scheme provides the lender with a government-backed, partial guarantee (80% gross) against the outstanding facility balance, subject to an overall cap per lender.
    • Principal Private Residence (PPR) – A borrower’s/guarantor’s PPR cannot be taken as security to support a Personal Guarantee or as security for a CBIL backed facility. The borrower always remains 100% liable for the debt.

    New eligibility criteria Smaller businesses from all sectors4 can apply for the full amount of the facility. To be eligible for a facility under CBILS, a smaller business must: • Be UK based in its business activity, with turnover of no more than £45m per year. • Have a borrowing proposal which, were it not for the current pandemic, would be considered viable by the lender.

    • Self-certify that it has been adversely impacted by the Coronavirus (COVID-19).

    Keith Morgan, Chief Executive, British Business Bank, said: “It was essential to get the Coronavirus Business Interruption Loan Scheme up and running as quickly as possible to get additional funding flowing to smaller business. We have seen an incredible demand for CBILS since it launched, so opening up access to the scheme to

    1 Please note that where there is sufficient security available, it is likely that the lender will take such security in support of a CBILS facility

    2 Following earlier discussions with the banking industry, some lenders indicated that they would not charge arrangement fees or early repayment charges to SMEs borrowing under the scheme. HM Government greatly appreciates this approach by lenders. 3 Fishery, aquaculture and agriculture businesses may not qualify for the full interest and fee payment.

    4 The following are not eligible under CBILS: Banks, Insurers and Reinsurers (but not insurance brokers); public sector bodies, further educational establishments if they are grant funded and state funded primary and secondary schools.

    even more smaller businesses across the UK will enable lenders to expand their support, deploying vital funding where it is most needed.”

    How to apply CBILS is available through the British Business Bank’s 40+ accredited lenders, which are listed on the British Business Bank website.

    In the first instance, businesses should approach their own provider, ideally via the lender’s website. They may also consider approaching other lenders if they are unable to access the finance they need. Not every accredited lender can provide every type of finance available under CBILS.

    https://www.british-business-bank.co.uk/ourpartners/coronavirus-business-interruption-loan-scheme-cbils-2/



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Worthing & Adur Chamber of Commerce is the trading name of Worthing & Adur Chamber of Commerce & Industry Ltd.
Company registered in England & Wales. Company number: 00345261.  
VAT No: 275 6477 60
Registered Office: Sphere Business Centre, Broadwater Road, Worthing,
West Sussex BN14 8HJ
© 2018 Worthing & Adur Chamber


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