Half-year profits at West advanced engineering group Renishaw plunged by 65% to £25.6m yesterday due to lower orders in the Far East. Revenue was also down from £174.2m to £164.0m. The Wotton-under-Edge-based group, one of the region’s most successful manufacturers, said the figures for the six months to December...
Calls for a full-scale shake-up of business rates have continued unabated despite the Government pledging a £415m package of relief for small firms. The West of England’s largest business group Business West, which runs Bristol Chamber of Commerce, said while it welcomed the announcement, it amounted to little more...
Shares in West-based international luxury goods group Mulberry lost more than a quarter of their value this week as it warned that lower UK sales at Christmas will mean its annual profits will be “substantially” less than expected. It also said “significant” cancellations in the wholesale market in Korea...
Business organisations across the West have welcomed the latest GDP figures showing that the UK economy grew by 0.7% in the last quarter – bringing the annual growth rate to 1.9%. But there were warnings that much more needs to be done to ensure the recovery stays on track...
Budget airline Ryanair is to introduce a twice-weekly service from Bristol Airport to the Italian city of Bologna from April 1. The service will be the third to Italy operated by Ryanair from Bristol, joining its flights to Milan (Bergamo) and Venice. The flights will operate on Tuesdays...
Accountants Grant Thornton have been appointed to deliver the Investors In People (IIP) standard across the South of England following a competitive tender process. Grant Thornton, which covers the West region from its office in Bristol, will hold the licence from April 1 for a three-year period. This appointment...
Prime Minister David Cameron’s pledge today to scrap or amend thousands of rules affecting business has been welcomed by Business West, the organisation behind the Bristol Chamber of Commerce. In a speech to the Federation of Small Businesses (FSB), Mr Cameron said more than 3,000 rules would be dropped...
Firms with a conscience are being urged to enter the South West Fairtrade Business Awards 2014 before this Friday’s deadline. Now in their second year, the awards recognise and showcase the efforts of businesses across the region which use Fairtrade products and support fair and ethical business practices. Each...
Bristol is today confirmed as one of the strongest performing major English cities outside London, in a new national report. The Cities Outlook 2014 by urban think tank Centre for Cities shows Bristol performing better than most cities on a range of economic indicators, and the only city to...
Monday 27 January Finals: Amino Technologies, Porvair Trading statement: APR Energy AGM: John Lewis of Hungerford EGM: ViaLogy Tuesday 28 January Interims: Filtronic, Mattioli Woods Final: Crest Nicholson Trading statements: Afren, British Land, Carpetright, Fresnillo, Globo, Greencore, Laird Group AGMs: Alternative Networks, Greencore EGMs: TXO, Vodafone Economics: GDP (Q4),...
Bristol is poised for “significant” economic expansion over the next five years, out-performing even London in the pace of its growth, new research shows. The city’s burgeoning information and communications technology (ICT) sector and its established role as a centre for professional, scientific and technical expertise will pave the...
Most law firms in Bristol have increased their profits over the past year – but they need to refocus on ensuring their long-term financial stability, new research shows. Fee income for legal firms in the city increased by an average of 4.1% last year, according to the research by...
Building services and facilities management company Inviron has opened an office in Bristol as part of a strategy to expand into the South West. The office at Aztec West will be responsible for supporting existing clients in the region such as Land Securities, the UK’s largest commercial property company...
