Blog Archives

Living Wage introduced for staff at Bristol’s ‘green’ bank Triodos

June 13, 2014
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Living Wage introduced for staff at Bristol’s ‘green’ bank Triodos

Bristol-based ethical bank Triodos has become one of only 13 businesses in the city to be accredited as a Living Wage employer. Awarded by the Living Wage Foundation, the accreditation guarantees that everyone working at the bank, including permanent employees, third-party contractors and suppliers, receives a minimum hourly wage...

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Outsourcer Mitie builds on its record for maintaining a sustainable business

June 13, 2014
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Outsourcer Mitie builds on its record for maintaining a sustainable business

Bristol-based outsourcing group Mitie has made a significant increase in its sustainability performance for the ninth consecutive year and strong progress towards strict targets it adopted for 2020. Its Sustainability Report highlights initiatives such as its Women of Work network, launched during the year with the aim to raise...

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Profits rise at DAS as it adapts to huge shake-up in legal market

June 13, 2014
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Profits rise at DAS as it adapts to huge shake-up in legal market

DAS UK Holdings, the parent company of the Bristol-based legal expenses insurer, has said swift action to adapt to substantial changes in its markets had paid off, resulting in annual pre-tax profits rising by 9% to £12.1m on record income of £199.6m. DAS was the first insurer to completely...

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City’s first musical ambassador to bang the drum for Bristol on the global stage

June 13, 2014
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City’s first musical ambassador to bang the drum for Bristol on the global stage

Bristol’s first international ambassador for music has been appointed to promote the city across the globe as a hotbed of musical talent with a vibrant and diverse music scene. Bristol-born jazz musician James Morton is officially appointed to the role today by Mayor George Ferguson – and his first...

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Mulberry vows to halt profits slide with range of ‘cheaper’ handbags

June 12, 2014
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Mulberry vows to halt profits slide with range of ‘cheaper’ handbags

West-based luxury brand Mulberry, best known for its £1,000-plus handbags, has promised to launch new products with slightly cheaper price tags after revealing that profits nearly halved in its last financial year. Chairman Godfrey Davis, who is leading a restructuring of the business to restore growth, said it had...

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Bristol bosses go head-to-head this evening in coveted SW Institute of Directors awards

June 12, 2014
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Seven directors running businesses based in and around Bristol will this evening find out if they have been successful in the prestigious South West Institute of Directors (IoD) awards. Competing for the awards, which celebrate excellence in the boardroom, are Nick Sturge, co-founder of the enterprise hub The Engine...

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China’s Huawei to set up £125m R&D centre in Bristol as part of massive UK expansion

June 11, 2014
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China’s Huawei to set up £125m R&D centre in Bristol as part of massive UK expansion

Chinese telecoms equipment giant Huawei is to open a research and development base in Bristol, it revealed this week. The centre, part of its UK Innovation Programme, will initially recruit 30 high-calibre R&D employees and have a primary focus on researching ICT chips, software, and the analog chip technology...

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Blow to Airbus and GKN as Emirates cancels order for 70 aircraft

June 11, 2014
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Blow to Airbus and GKN as Emirates cancels order for 70 aircraft

Bristol aerospace giants Airbus and GKN could face disruption to production schedules after airline Emirates cancelled an order for 70 of Airbus’s new A350 mid-range aircraft. The move, which followed a review of its fleet by the Gulf airline, has dealt an unexpected blow to Airbus and its A350...

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Senior promotions at the double at Grant Thornton’s regional public sector assurance team

June 10, 2014
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Senior promotions at the double at Grant Thornton’s regional public sector assurance team

Business and financial advice firm Grant Thornton has promoted two managers in its South West public sector assurance (PSA) team to senior positions. Alex Walling and Geraldine Daly have been appointed associate directors in the practice, which provides external audit services to NHS bodies and local authorities. Alex, based...

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Imperial Tobacco to offload Spanish logistics arm

June 10, 2014
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Imperial Tobacco to offload Spanish logistics arm

Bristol-based Imperial Tobacco has confirmed it plans to float off its Spanish distribution business Logista. Madrid-based Logista distributes Imperial’s cigarettes along with other those of rivals and other consumer products across Southern Europe. Last year it recorded revenue of £8.3bn and an adjusted operating profit of £176m. In February...

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Bristol app innovator Mubaloo in running for coveted PwC Business of the Year Award

June 9, 2014
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Bristol app innovator Mubaloo in running for coveted PwC Business of the Year Award

Mubaloo, the app developer launched by Bristol-based serial entrepreneur Mark Mason, is among four firms competing in this year’s prestigious West of England Business of the Year Awards. The finalists are going head-to-head in the category for businesses turning over up to £25m. There is also an award for...

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Bristol punches above its weight in UK inward investment league table

June 9, 2014
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Bristol punches above its weight in UK inward investment league table

Bristol is one of the UK’s most successful cities for attracting foreign direct investment (FDI) and is helping the South West outperform most other regions in a highly-competitive market, according to new research published today. Bristol is ranked sixth in a list of leading UK cities in global accountants...

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Ahead of the Agenda: The Week Ahead

June 8, 2014
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Monday 9 June Finals: Falkland Island Holdings, Latchways AGMs: Hansteen Holdings, Straight, Synairgen EGMs: Centaur Media, Straight Tuesday 10 June Interims: Gooch & Housego, Pressure Technologies Finals: Carclo, CML Microsystems, Oxford Instruments, Park Group, Phoenix IT, Sepura Trading statements: Asos, Spirit Pub Company AGMs: DDD Group, Gem Diamonds, Iofina,...

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