Blog Archives

Zombie game firm is dead serious about expansion

May 27, 2011
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SlingShot, the Bristol-based firm behind Igfest, the world’s biggest Pervasive Games Festival which is taking place in the city this weekend, is expecting to double turnover next year as it capitalises on significant commercial opportunities. Having started life in 2008 with a £9,000 development grant from the publicly-funded Media...

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EasyJet sees bright summer as it unveils orange Airbus

May 27, 2011
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EasyJet, which flies more passengers through Bristol Airport than any other airline, is “cautiously optimistic” about prospects for the summer although it expects the following 18 months to be tougher.   Carolyn McCall, the budget airline’s chief executive, said yesterday: “We have over half of all seats sold now...

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Law firm goes Green

May 26, 2011
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Bristol-based law firm Gregg Latchams has launched a new portfolio of services aimed focused on renewable energy, clean technology – and those having to cope with regulations governing carbon reduction and environmental pollution. The firm will also offer individually tailored advice to Green Law clients on matters such as...

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Survey launched to test entrepreneurs

May 26, 2011
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A valuable insight into the performance and hopes of entrepreneurial businesses has been launched by advisory firm Deloitte. Entrepreneurship UK: 2011/12 will take the pulse of entrepreneurs and their businesses at a pivotal time for the UK economy. Now in their fourth year, Deloitte’s Entrepreneurship UK reports have become...

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Manage your own money and pay no commission

May 25, 2011
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A new Bristol based online service aimed at self-managing investors will allow them to handle their share portfolio online with no commission. Commfreefunds.com charges a £60 annual subscription fee for members but this covers transfers of existing funds as well as new purchases, sales and switches. The service has been...

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Up, up and away… to the Channel Islands

May 24, 2011
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Channel Islands based airline, Blue Islands, launched a new service between Bristol and Jersey yesterday. The twice-daily flight is operated by a 19-seat Jetstream aircraft, and departs from Bristol Airport at 9.40am from Monday to Friday, returning from Jersey at 4.20pm.  A further flight is scheduled for Sunday afternoons...

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Demand for office space rises but rents soften

May 24, 2011
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Bristol bucked the national trend in office take-up during the first quarter of this year with an impressive performance, according to property consultants Knight Frank. Take-up for the UK’s 11 key regional cities outside the South East was down 14% on the 2010 quarterly average while in Bristol it rose...

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Time for a sharp exit?

May 24, 2011
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Nearly 60% of private equity executives are planning significant portolio sales in the next 12 months, according to a survey carried out by chartered accountants Grant Thornton for their Private Equity Barometer.  Of 100 questioned, only 10 per cent do not plan to sell any portfolio companies against 57% planning...

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Aardman Digital wins BAFTA for New Media

May 23, 2011
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Bristol-based Aardman Digital won the BAFTA for New Media for Wallace & Gromit’s World of Invention website at last night’s award ceremony in London. The site was launched as part of the multi-platform campaign for World of Invention, which also included a six-part television series on BBC1 and a...

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MPs still bitter over Kraft’s chocolate factory closure

May 23, 2011
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MPs have “significant concerns” about Kraft’s takeover of Cadbury – including the American multinational’s closure of the Somerdale factory near Bristol, despite promises to keep it open during last year’s bid battle. The concerns are outlined in a report entitled Is Kraft working for Cadbury? by the parliamentary Business, Innovation...

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Airport cool over ash cloud

May 23, 2011
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Bristol Airport says it anticipates business as usual despite the approach of an ash cloud from the Grimsvotn volcano in Iceland. Airport spokesman James Gore said: “This is really an airline issue but none of them has said they expect any impact on their schedules. If there is a...

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Alterian computes annual loss

May 23, 2011
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A pre-tax loss of £4.29 million was reported today by Alterian, the Bristol-based marketing software group. This follows two profit warnings last month and the resignation of chief executive David Eldridge. Alterian made an operating loss of £4.4m on a drop in annual revenue from £38m to £37m. Last month’s crisis...

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MITIE cleans up with another record year

May 23, 2011
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Bristol-based facilities manager MITIE has brushed aside the recession with double-digit growth in revenue, earnings and dividends in the year to March 31. Pre-tax profit  in the company’s 23rd consecutive year of growth rose 15.3% to £105.7m on revenue  up 10.0% to £1,891.4m. Earnings per share before other items grew 15.9% to 22.6p...

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