Blog Archives

Ahead of the Agenda: The week ahead

May 14, 2012
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Monday May 14 INTERIMS Diploma, Lonmin   FINALS Great Eastern Energy Corp Ltd. GDR AGMS Ingenious Entertainment VCT 1, Ingenious Entertainment VCT 1 'C' Shares, Ingenious Entertainment VCT 1 'D' Shares, Ingenious Entertainment VCT 1 E Shares, Ingenious Entertainment VCT 1 F Shares, Ingenious Entertainment VCT 2, Ingenious Entertainment...

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Outlook improves for office markets, says GVA

May 11, 2012
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City centre office space take-up in Bristol has totalled 91,500 sq ft in what is traditionally the slowest quarter of the year, says commercial property consultant GVA.  A total of 104,000 sq ft of out of town office space was also let.  “We have seen an encouraging increase in...

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Japanese group buys stake in Bristol Water

May 11, 2012
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A 20% stake in Bristol Water has been sold by Capstone Infrastructure Corporation of Canada to Japanese utility giant ITOCHU Corporation for £42m ($68m). The deal leaves the Canadian investment company with a 50% controlling interest with the remaining 30% stake held by Suez Environnement through its Agbar subsidiary,...

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Govt’s jump-jet U-turn lifts Bristol’s aerospace industry

May 10, 2012
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Two of the largest firms in Bristol’s aerospace industry are set to benefit from the Government’s U-turn over the UK’s next-generation fighter aircraft. As expected, Defence Secretary Philip Hammond today confirmed that the aircraft will be the jump-jet F-35B variant of the Joint Strike Fighter (JSF) – a move signalled by...

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Britain’s biggest robot lab opens for business in Bristol

May 10, 2012
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Bristol Robotics Laboratory (BRL), the largest robotics laboratory of its type in the UK, has been formally opened by David Willetts, Minister for Universities and Science. The £1.65m laboratory – a partnership between the University of the West of England and the University of Bristol – is located at UWE's...

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Trunki makes case for British manufacturing with switch to UK production

May 10, 2012
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One new Trunki will be rolling off a new production line every 45 seconds by the end of the month – the first generation of the iconic children's ride-on suitcase to be made in England. It fulfils a long term dream of Britol-based designer and creator Rob Law to...

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Queen’s Speech: West business leaders call for less politics and more action

May 9, 2012
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West business leaders this afternoon broadly welcomed the emphasis in today’s Queen’s Speech on economic revival and measures to make Britain more business-friendly. But there was concern over some of the proposals for the Coalition’s net round of legislation and a plea for less politics and more action. Phil...

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Prestigious building award for Tyntesfield restoration

May 9, 2012
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The restoration of Tyntesfield House at Wraxall has been named South West Project of the Year in an awards scheme that champions the best architectural schemes in the region. The National Trust-owned Grade-1 listed gothic-style Victorian country house also scooped the Building Conservation category in the Royal Institution of Chartered...

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A380 wing cracks traced to design problems at Airbus’s Bristol plant

May 9, 2012
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A380 wing cracks traced to design problems at Airbus’s Bristol plant

A design flaw at Airbus's Filton plant in Bristol was responsible for the hairline cracks found on the A380 superjumbo jet, the European planemaker has admitted. Executive vice president Tom Williams blamed the material used and said it was an embarrassment that customers had been let down. Tiny cracks...

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Govt-backed ‘angel’ fund invests in innovative Bristol healthy drinks firm

May 9, 2012
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Future Drinks, a Bristol start-up company which has developed a range of fruity bottled drinks aimed at the health conscious female market, has received a £360,000 investment from a Government-backed business angel scheme. The company will launch the drinks under the new Koji brand this summer following successful test...

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More backing sought for Bristol’s Euro Green Capital bid

May 9, 2012
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Around 1,500 people have signed up to back Bristol’s bid to be Europe’s green capital – and the Bristol Green Capital Partnership is asking for more businesses and individuals to pledge their ahead of the decision next month. Bristol is going head to head against Copenhagen and Frankfurt for the 2014 title....

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Hi-tech pioneers offer growing investment opportunities for IP firm

May 8, 2012
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IP Group, a developer of intellectual property-based technology spinout businesses from a dozen British universities including Bath and Bristol, has boosted the value of its investment portfolio from £123.8m on December 31 to £178.6m. The increase is largely due to the £26.4m fair value gain as a result of...

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Turnover inches ahead as earnings and margins improve at Jelf

May 8, 2012
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Turnover inches ahead as earnings and margins improve at Jelf

A strong financial first-half performance has been reported today by Jelf, the Yate-based independent full service brokerage which supports businesses and individuals. Revenues were slightly up on last year from £35m to £35.2m in the six months to March 31 as EBITDA (earnings before interest, taxes, depreciation, and amortisation)...

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