Blog Archives

Upbeat second quarter economic figures welcomed by Business West

July 26, 2013
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Upbeat second quarter economic figures welcomed by Business West

Business West, the region’s leading business organisation, has welcomed yesterday's official economic growth figures, saying they reflect the picture among local businesses. But it warned that business could not turn around the regional economy by themselves – the Government had a role to play by creating an enterprise-friendly environment....

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Bristol market beckons for Bruton Knowles as it opens office in city

July 26, 2013
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Bristol market beckons for Bruton Knowles as it opens office in city

National property consultancy Bruton Knowles has opened an office in Bristol and recruited two of the city’s best-known and experienced commercial property specialists to build its team. Paul Matthews, who has 32 years’ experience of the Bristol market, joins from the city office of BNP Paribas. He was formerly...

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£5.8m armoured vehicle programme contract secured by SciSys

July 25, 2013
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£5.8m armoured vehicle programme contract secured by SciSys

Specialist West software group SciSys has won a £5.78m contract with defence giant Lockheed Martin UK to work on its programme to upgrade and improve the British Army’s Warrior armoured fighting vehicle fleet under the MoD’s Warrior Capability Sustainment Programme (WCSP).  The group, which has its headquarters in Chippenham...

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Economic growth strengthens in second quarter

July 25, 2013
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Economic growth strengthens in second quarter

The UK economy grew by 0.6% in the second quarter of this year, boosted by consumer and business spending, preliminary data from the Office for National Statistics showed this morning. While Chancellor George Osborne will welcome the much-hoped-for good news as a sign that the economic recovery is gaining...

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Renishaw shares tumble then recover as it posts record revenues

July 24, 2013
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Renishaw shares tumble then recover as it posts record revenues

Shares in West advanced engineering group Renishaw tumbled by more than 8% in early trading this morning after it revealed a 2% drop in annual pre-tax profits. The profits fall – from £86m to £84.4m – came despite annual revenues reaching £349.6m, a record for the 40-year-old business, which...

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Creative dad and daughter in double celebration as they graduate together

July 23, 2013
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Creative dad and daughter in double celebration as they graduate together

Creative duo Mark Barton and his daughter Daizie will have a double celebration today when they both graduate from UWE Bristol. Mark will be awarded an MA in Media: Practice and Culture, while Daizie will graduate with a BA Honours degree in Drama. They will receive their degree certificates...

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Bishop Fleming takes title of fastest-growing accountants for second year in a row

July 23, 2013
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Bishop Fleming takes title of fastest-growing accountants for second year in a row

West accountancy firm Bishop Fleming has been named as the UK’s fastest-growing full-service firm among the Top 50 accountants for the second year running. Research conducted for Accountancy Age, the industry’s respected magazine, shows that Bishop Fleming’s 23% annual growth rate outpaced all the other firms in its yearly...

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£11m medical tech firm acquisition handled by Bristol professional advisers

July 22, 2013
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£11m medical tech firm acquisition handled by Bristol professional advisers

Bristol-based lawyers and accountants have advised on the £11m acquisition of Gloucestershire medical technology firm Leonhard Lang (UK) by the healthcare business of Irish group DCC. Mark Naughton and Chris Burgess of Grant Thornton’s Bristol corporate finance team advised Leonhard Lang (UK) on the sale, with tax experts Mike...

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Paris expansion for fast-growing Osborne Clarke

July 22, 2013
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Paris expansion for fast-growing Osborne Clarke

Bristol law firm Osborne Clarke has continued its rapid international expansion by opening an office in Paris – its 15th across Europe and the US. The move means France becomes the seventh jurisdiction in which the firm has a base. Just over a year ago Osborne Clarke had around...

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New city centre base for Barclays corporate and wealth management teams

July 22, 2013
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New city centre base for Barclays corporate and wealth management teams

Barclays is to re-locate its two Bristol offices into prestigious new space in the city centre. The office in Bridgewater House, Finzels Reach, will bring together Barclays’ Corporate Banking and Wealth and Investment Management divisions. Barclays is to lease more than 18,000 sq ft of state-of-the-art space at Bridgewater...

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Firms land first investments under LEP’s growth fund

July 22, 2013
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Firms land first investments under LEP’s growth fund

Two Bristol area firms are the first to receive funding under the West of England Growth Fund initiative. The bids were put in to the West of England Local Enterprise Partnership’s (LEP) £25m fund by Avon Valley Precision Engineering, based in Bitton, and Yate-based Pulse Roll Label Products. More...

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Ahead of the Agenda: The Week Ahead

July 22, 2013
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Monday July 22 INTERIMS Dialight, Gulf Keystone Petroleum Ltd. (DI) FINALS Filtronic AGMS Ensor Holdings, European Convergence Development Co, Quintain Estates & Development, Ventus 2 VCT, Ventus VCT, Volex Tuesday July 23 INTERIMS Beazley, Premier Foods, Provident Financial FINALS IG Group Holdings EGMS Central Asia Metals AGMS Astar Minerals,...

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Jobless rate falls but long-term and youth unemployment remain high

July 19, 2013
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Jobless rate falls but long-term and youth unemployment remain high

From Bristol 24-7 www.bristol247.com The South West’s jobs market is the best performing in the country, new figures have revealed. Unemployment fell by 11,000 to 156,000 between March and May in the region, giving it the UK’s lowest jobless rate of 5.8%. In Bristol 10,912 people claimed Job Seekers...

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