French oil giant Total will have to pay more than its initial suggestion of around £72m if it wants to buy Wessex Exploration, the Bristol-based hydrocarbon prospecting company which has a 1.25% working interest in the Zaedyus discovery – potentially a multi-billion pound oilfield off the coast of South America. Wessex, which floated...
From Bristol247 Bristol hotels had little to cheer this Christmas at what was the end of a “concerning” year, according to a new survey. During December, occupancy levels in Bristol hotels dipped 0.7% from 59.5% in 2010 to 59.1% in December 2011, while room rates experienced a drop of...
A new contract win boosted shares today in Hydro International, the Clevedon company which has developed a range of technologies to control urban run off, treat stormwater, combined sewage overflows and municipal wastewater. The company, which reported pre-tax profits up from £2.4m to £2.5m earlier this month, has won a £1m contract...
A team from Bristol fireworks company Skyburst is back in Britain after mounting a cutting edge, computer-programmed display to mark the end of the Chinese New Year in Liuyang, Hunan Province – the fireworks capital of the world. The show – which was mounted at the personal invitation of...
Arron Banks, chief executive of Bristol-based specialist internet insurance broker Brightside, today announced the company's ninth successive record year of growth with a 35% rise in pre-tax profits, a 39% rise in earnings per share and 31% growth in policy numbers. He said: "We have made great strides towards...
Four staff from four different departments at property agents CBRE in Bristol have been promoted. James Broome, who heads the residential and development land team, has been promoted to director. Guy Mansfield in the agency and development team and has been promoted to associate director. Tom Morris from...
The pirate ship from Bristol-based Aardman Animations' new pirate-themed movie -The Pirates! In an Adventure with Scientists – is to drop anchor in the Harbourside foyer of M Shed, a move certain to boost the number of visitors to Bristol's newest museum which is housed in the landmark...
From Bristol 24-7 Swedish furniture giant Ikea has been fined £80,000 after a worker at its Bristol store suffered multiple injuries in an accident. Philip Edgecombe broke two bones in his left arm and dislocated his shoulder while driving a forklift truck in the store. The mast of the...
Specilaist software developer SciSys today signalled confidence in the future by raising its annual dividend 10% on the back of a rise in pre-tax profits from £1.57m to £2m in 2011. The company, which has a major base in Bristol and its head office in Chippenham, develops information and...
The regeneration of one of the last parts of Bristol's Harbourside looks to have been finally settled. Grade II-listed East Purifier House in Gas Ferry Road is to be converted into apartments. It follows a decision by serviced apartment group Citystay to sell the former gasworks building to developers...
The biggest warehouse deal in years at Cabot Park, Avonmouth, has been signed off by Colliers International with joint agent GVA. Acting on behalf of Standard Life they achieved a rent of £6 per sq ft on a new 15-year lease for Yankee Candle at the 170,000 sq ft...
Food travel experts SSP are investing more than £150,000 in upgrading bars and restaurants at Bristol Airport to improve ambience, accessibility and comfort for passengers. The terminal’s table service restaurant Dexters will be first to undergo a makeover, with new furniture and lighting. Among the improvements will be a...
Shareholders in Wessex Exploration, the Bristol-based hydrocarbon prospecting company which floated on AIM a year ago, look set to share in a £72m bonanza following a possible cash offer from French oil giant Total for the entire issued and to-be-issued share capital at a price of 10p per ordinary share....
