Two arms of West-based Top 50 chartered accountants firm Target have gone into pre-pack administration following £6m of claims relating to the collapse of UK life settlements firm Keydata Investment Services in June 2009. Bath-based Target, which has its corporate finance arm in Bristol, is among firms being...
Bristol East Labour MP Kerry McCarthy has slammed the Coalition Government for “wrecking Britain’s economic recovery” and dubbed the Government’s economic plan as “a reckless gamble that has failed”. Reacting to the Autumn Statement, she said: “George Osborne has disclosed to Parliament that his reckless economic plan has backfired,...
Bristol has been chosen as the first venue and home of a new restaurant brand which is expected to be the next big thing for the UK’s restaurant sector. The £3m Za Za Bazaar restaurant, which opened this at Bristol Harbourside, has 1,000 covers in more than 30,000 sq...
Innovative small firms across the region are being encouraged to show they’ve got what it takes to “export for growth” by entering a new competition run by UK Trade & Investment (UKTI) South West. The new Exporting for Growth competition aims to encourage more small businesses to take their...
Chancellor George Osborne yesterday announced the Ashton Vale to Temple Meads rapid bus link will go ahead. Aim: The link will aim to provide a high-quality alternative to private cars with a fast, frequent and reliable public transport service. Services will run on a largely segregated route, separate from...
Business organisations across Bristol and the West were generally supportive of the Chancellor's help for small and medium-sized businesses, particularly measures to boost research and development and encourage investment. Business West, the support, advice and lobbying group, said it fully supported the approach of sticking with the Chancellor’s Plan...
Two major transport schemes for Bristol have been announced by Chancellor George Osborne as part of his Autumn Statement. The £50m Ashton Vale to Temple Meads link and the £45m South Bristol link – both badly needed to ease traffic congestion in the city and open up areas for...
The CBI has given an immediate positive reaction to the Autumn Statement with its director-general John Cridland saying it “works with the realities of today and provides an imaginative framework for UK businesses as it strives to secure growth and jobs”. The CBI had called for a Plan A...
Chancellor George Osborne has delivered his Autumn Statement. Here are the key points: BUSINESS Credit easing programme to underwrite up to £40bn in low-interest loans to small and medium-sized firms £1bn business finance partnership to help secure funding for medium-sized firms Regional Growth regeneration fund to get £1bn in...
Chancellor George Osborne said he was determined to see Britain through the financial crisis as he outlined plans to boost the stuttering economy in his annual Autumn Statement – with the latest gloomy forecasts suggesting the country is again teetering on the edge of recession. He was forced to...
The Tropicana, Weston-super-Mare's council-owned, iconic open air pool and leisure complex faces demolition following an independent report showing redevelopment of the site is not viable in the current economic climate. The report, by DTZ, concludes that “this soft market exercise has not delivered sufficient evidence of any clearly viable and...
House prices have inched up by a better-than-predicted 0.4% this month, according to Nationwide building society, but they are expected to ease again over the next 12 months as activity remains subdued. The month-on-month rise is the third straight monthly increase. In a year-on-year basis, the increase was 1.6%,...
Construction group Willmott Dixon is increasing its activity in the residential property market activity across the South West to a bid to combat reduced expenditure on public sector projects. The group, which traditionally has been a major player in the public sector and commercial construction markets, has appointed James...
