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,...
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...
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...
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...
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...
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...
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...
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...
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....
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...
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)...
Law firm Ashfords, which has offices across the West including Bristol, has announced four promotions to partner and three promotions to associate. The partner promotions, which take the firm’s total number of partners to 72, have been made across the partnership in recognition of continuing development and contribution to...
From Bristol 24-7 Bristol has voted decisively in favour of an elected mayor, with a majority of more than 5,000 people in favour of changing the way the city is governed. More than 41,032 votes were cast in favour of a directly elected mayor with 35,880 against. The result...
