Business News

Upbeat West firms looking to recruit more staff as growth prospects increase

July 31, 2015
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Upbeat West firms looking to recruit more staff as growth prospects increase

More than two thirds of small and medium-sized in the South West expect to take on more staff over the next 12 months – more than any other UK region – according to a new survey. Some 59% of firms in the region also believe that permanent, skilled staff will benefit the growth of...

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New accountancy body president calls for end to brain drain to London

July 31, 2015
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New accountancy body president calls for end to brain drain to London

Stopping the brain drain of young talent from the West of England to London is among the priorities of the newly appointed regional president of ICAEW, the professional organisation for chartered accountants. Rick Sturge, pictured, has said he will work closely with regional members of ICAEW during his 12 months in office to raise the...

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Thrings advises national booksellers’ group in legal fight against Amazon

July 31, 2015
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Thrings advises national booksellers’ group in legal fight against Amazon

Commercial law firm Thrings, which has its largest office in Swindon, is advising the trade association for bookshops in its legal battle against what it sees as market abuse by online retail giant Amazon. The EU’s Competition Directorate (DGC) has launched a competition law investigation into Amazon's e-book distribution arrangements. But the Bookseller's Association...

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Bath MP calls for more affordable housing at property and construction event

July 30, 2015
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Bath MP calls for more affordable housing at property and construction event

Bath desperately needs more affordable housing to ensure its future economic wellbeing, the city’s recently-elected Bath MP Ben Howlett told local property professionals. Key to this was overhauling the “archaic planning system” to free-up brownfield sites for housing development, Mr Howlett said. Addressing the second in a series of property and construction networking events...

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1pm in line for further expansion after making first acquisition

July 29, 2015
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1pm in line for further expansion after making first acquisition

1pm, the fast-growing Bath-based specialist lender, has made its first acquisition with the takeover of a firm providing equipment finance and broking. 1pm, which last Friday announced it was seeking bolt-ons to continue its rapid expansion, this week said it was paying up to £12m in cash for MHH Holdings, a Lancashire-based group which...

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Ahead of the Agenda: The Week Ahead

July 26, 2015
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Monday 27 July Interims: Acacia Mining, Dialight, Fevertree Drinks, Hiscox, Reckitt Benckiser, Senior, XP Power Final: Goodwin Trading statements: Cranswick, Petra Diamonds AGM: Cranswick Economics: CBI trends – total orders, selling prices Tuesday 28 July Interims: BP, Brammer, Burford Capital, Domino’s Pizza, Drax, Elementis, GKN, Greencoat UK Wind, Informa, ITV, Jardine Lloyd Thompson, McColl's...

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Trade minister praises West of England’s strength in attracting inward investment

July 24, 2015
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Trade minister praises West of England’s strength in attracting inward investment

The West of England’s ambitions to attract more inward investment and boost its level of exports were highlighted this week with the visit of trade and investment minister Lord Francis Maude. Lord Maude met a cross section of small and medium-sized firms and recent investors in the area along with representatives from engineering giant...

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Innovative community-business connector Neighbourly goes for growth after £1m angel investment

July 24, 2015
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Neighbourly, the innovative Bath-based internet platform that connects community projects with companies wishing to make a difference, has raised more than £1m from angel investors. The funds – its third round of investment – will be used to grow the firm’s engineering team and accelerate its development and international launch. It is also being...

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Philippines fishing fleet contract netted by Software Radio Technology

July 24, 2015
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Philippines fishing fleet contract netted by Software Radio Technology

Software Radio Technology (SRT), the specialist marine identification and tracking technology firm, has landed a $700,000 (£452,000) contract in the Philippines. Under the deal, the Midsomer Norton firm’s AIS Class A transceivers will be deployed on Philippine fishing vessels over the next seven months to help the authorities monitor the country’s maritime exclusive economic...

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Shaun the Sheep rounds up Colour Studios’ engineers to help with European Green Capital game

July 24, 2015
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Shaun the Sheep rounds up Colour Studios’ engineers to help with European Green Capital game

Engineers from Radstock-based exhibition and graphics firm Colour Studios have built a cardboard 3D pop-up display to help launch a Shaun the Sheep online sustainability game as part of Bristol’s year as European Green Capital. Colour Studios, which specialises in sustainable events and displays, was recruited by Bristol City Council’s design team to collaborate...

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