Rolls-Royce, whose military engine business is based at Patchway, Bristol, has had its best-ever year with record underlying revenues and profits. The company, whose commercial engines business is based in Derby, today reported a 21% rise in pre-tax profits to £1.18bn for 2011. Chief executive John Rishton said that...
The valued of frauds committed in the South West and Wales rose more than seven-fold last year, according to professional services firm KPMG. However, one fraud accounted for 80% of the entire region’s total. Notable offenders included a woman who was ordered by Bristol Crown Court to undertake 150 hours...
Bristol-based wealth manager Hargreaves Lansdown has bucked the recession with a first half 16% rise in revenue to a record £112.9m – and record pre-tax profits of £72m, up 28%. Total net business inflows for the six months to December 32 was £1.16b while assets under administration totalled £23.4bn Chief executive Ian Gorham...
From Bristol 24-7 www.bristol247.com M Shed – the museum for Bristol which opened last year – has been nominated for the Art Fund Prize 2012, the UK’s museum of the year award. The prize, the biggest for arts and cultural organisations in the country, rewards excellence and innovation for...
The Bristol office of accountants and business advisors BDO has launched a personal tax division and recruited four experts from rival RSM Tenon, which recently closed its base in the city. The new team will strengthen BDO’s tax offering in the region with a service aimed at individuals, families...
Luxury hotel Ston Easton Park launches its series of breakfast events for business leaders and owners tomorrow with an invitation to Meet the Press. Robert Buckland, editor of Bristol Business News and its sister titles Bath Business News and Swindon Business News, and Philip Welch, editor of Mid Somerset...
Multi-millionaire businessman and Bristol City Football Club owner Steve Lansdown is today named as the majority shareholder of Bristol Rugby Club. Confirmation of the involvement of Mr Lansdown, who founded highly-successful Bristol financial advisers and brokers Hargreaves Lansdown, came in a statement today from the rugby club. Chairman Chris...
Bristol is to get its own currency – the Bristol Pound – in May under a scheme to be launched by a group of independent traders with the backing of the council and the city’s major credit union. The Bristol Pound aims to boost the city economy by...
What is a local currency? Essentially money that is used across a particular locality or region. The Bristol Pound will be spent like sterling and is backed pound-for-pound by sterling deposits. However it is different to sterling in that the money will typically be accepted only within the region...
The Guild of British Coach Operators has awarded West coach operator Bakers Dolphin a mark of 100% in an audit of quality standards and excellence. The guild carries out an independent rigorous 44-point check on coach operators every two years and will only allow those who reach the highest standards...
The economic slowdown is taking its toll on Bristol's hotels with the number of guests declining despite price cuts. Room occupancy rates fell by 6.8% to 73% during November even though the average room rate declined by 1.2% to £69.73 against a year earlier. This meant that year-to-year room...
David Powell has been re-elected as head of law firm Osborne Clarke’s Bristol office and will serve a second three-year term. A lawyer in the city for over 30 years, David is well-known as a passionate supporter of the region’s business community. He specialises in advising residential developers and...
Specialist PR firm bClear Communications is expanding with the appointment of Jayne West, previously communications manager at Bristol construction group Cowlin. Jayne joins Bristol-based bClear five months after former Cowlin managing director Neil Sherreard became a director. bClear specialises in PR and communications for construction, property and finance firms....
