Blog Archives

Profitable smoke signals from Imperial Tobacco

May 1, 2012
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Bristol-based Imperial Tobacco has beaten market expectations in the six months to the end of March with adjusted operating profits of £1.524bn against a market consensus forecast of £1.520bn. Earnings per share were 93.1p against a consensus estimate of 92.7p.  Chief executive Alison Cooper said: “Imperial has seen 3% growth in...

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West rich list trio slip down the ratings

April 30, 2012
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When you're that rich, perhaps it doesn't matter but three of the West's wealthiest people have slipped down the ratings in the Sunday Times Rich List – thanks largely to the vagaries of the stock market. Bristol-based Hargreaves Lansdown co-founder Peter Hargreaves’ personal estimated wealth fall below £1bn in...

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Trio of specialist lawyers become partners at Foot Anstey

April 30, 2012
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L-R Matt Stoate, Alan Hughes, Karen Bates ,Foot Anstey.

South West law firm Foot Anstey, which opened a Bristol office last year, has underlined its commitment to developing talent by promoting three specialist lawyers to its partnership. The promotions strengthen existing areas of expertise at the firm – corporate, employment and pensions and financial services – and follow...

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Lift-off for Filton-made Sharklets on new-build Airbus A320s

April 30, 2012
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Airbus has produced it first new-build A320 with Sharklets – the pioneering, fuel-saving wing fins designed and made at its Filton plant. The devices, which are attached to the single-aisle aircraft’s wing tips, reduce fuel burn by up to 3.5%, giving an annual CO2 reduction of around 700 tonnes...

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Ahead of the Agenda: Diary dates

April 30, 2012
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May 1 10am – 1pm Workshop SETsquared Bristol University Gate East Park Row Bristol BS1 5UB http://www.eventbrite.co.uk/event/2559651988 May 2 WEAF Airbus Supply Chain – its future. An insight into Airbus’ strategy and supply chain development programme 9:30am – 1pm BAWA Club 589 Southmead Rd Bristol BS34 7RG http://www.weaf.co.uk/events/view/all/101 May...

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Ahead of the Agenda: Coming up this week . . .

April 30, 2012
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Monday 30 April Interims: Aberdeen Asset Management, Infrastrata, Redefine Finals: Asterand, Harvey Nash, Waterlogic Trading statements: Creston, FBD AGMs: Brady, DP World, FBD, London Capital, Minoan, Nextgen, Personal, Rangold Resources Tuesday 1 May Interim: Imperial Tobacco Finals: Brown (N), Development Securities Trading statements: BP, CSR, Lloyds Banking, Man, National...

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Regulator closes Bristol Law Society director’s firm

April 27, 2012
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Bristol law firm Bevans Bray Walker has been closed by The Solicitors Regulation Authority (SRA). Administrators from Grant Thornton have been appointed while London law firm Russell Cooke has collected clients' files, a move that the SRA says will protect the immediate position and safeguard documents and clients’ money.  Bevans Bray Walker specialised...

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Airbus slows A380 production to prevent tiny wing cracks

April 27, 2012
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Fixing hairline cracks in the wings of its A380 superjumbo has forced Airbus to slow production of the aircraft from 2.7 a month to 2.3, according to a French business news website. This could put in jeopardy its objective of delivering 30 of the aircraft next year and delay...

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MITIE signs contract worth £155m a year with Lloyds Bank

April 27, 2012
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MITIE has signed up to deliver facilities management services for Lloyds Banking Group in what it describes as a transformational partnership. The five-year deal, which has a possible one-year extension, is expected to be worth £155m annually. MITIE, a Bristol-based FTSE250 company whose business covers strategic outsourcing and energy services, will...

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Former HSBC manager joins Jelf Employee Benefits

April 27, 2012
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Jelf Employee Benefits has appointed Alan Millward as director of corporate benefits, a role in which will take on responsibility for managing and developing all aspects of their corporate pensions business, including overseeing their national expansion.  Mr Millward will also be responsible for the annuity bureau, telephone account management...

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Document technology firm Vistair adds Scottish airline to its portfolio

April 26, 2012
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Scottish airline Loganair is to outsource its management of flight operations manuals to Vistair, the Bristol-based aviation safety reporting technology firm. Vistair will replace Loganair’s in-house operation and provide document management, operational manual updates, and delivery to print, web, and electronic flight bag (EFB) platforms. Loganair, a franchise partner...

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Just the ticket for a day out!

April 25, 2012
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Bakers Dolphin

In an event that harks back to the heyday of anorak-wearing, steam train spotters of the 1950s, South West bus operator Bakers Dolphin has hosted a visit by 80 bus enthusiasts from across the country. The PSV Circle visited the Weston-super-Mare-based operator to view its fleet of 77 buses and coaches.  ...

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UK economy slumps back into recession

April 25, 2012
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UK economy slumps back into recession

Britain has slumped back into recession, official figures released earlier today show. The economy shrank by 0.2% in the first three months of this year. Coming after the contraction of 0.3% in the last three months of 2011, this technically puts the country back into recession. The Office for...

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