Blog Archives

Taxman has e-traders in his sights, warn accountants

August 1, 2011
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Traders on eBay are being targeted for tax evasion by HM Revenue & Customs, warn PKF accountants and business advisers. “Targeting traders on e-marketplaces such as eBay is unlikely to contribute much directly to HMRC’s target of collecting additional tax of £7bn each year by 2014/15,” said Tony Moorby, director...

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Low Carbon South West chair awarded Honorary Degree

August 1, 2011
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Alan Bailey, the chair of Low Carbon South West, the UK’s largest environmental business trade association, has received an Honorary Degree of Master of Science from the University of the West of England (UWE) in recognition of his significant contribution to the development of a low-carbon economy in the...

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Manufacturing report adds to pressure on Osborne to act on economy

August 1, 2011
By
manu

Pressure was mounting on Chancellor George Osborne and the Bank of England today to stimulate growth after the latest gloomy economic reports, this time from the manufacturing sector and the CBI. Manufacturing shrank last month for the first time since the country was in the depth of recession two...

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Airbus orders take wing – thanks to Filton innovation

August 1, 2011
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Orders for Airbus aircraft are expected to reach a record-breaking 1,000 this year as airlines snap up its new, fuel efficient jet. But soaring demand is causing its own problem as suppliers struggle to keep up with workloads, parent company EADS has warned. Airbus booked orders for 644 last...

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Recovery forecast for Bristol office market

August 1, 2011
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Bristol’s office market will be the first of any major UK city to recover, with an upturn in demand expected this year and an increase in rents for premium space. However, a two-tier market is emerging with a large overhang of hard-to-fill secondary property which will keep overall rents...

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Imperial fails to overturn vending machine ban

July 29, 2011
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Imperial Tobacco has failed in its bid to get the Supreme Court to hear an appeal against the ban on cigarette vending machines. The Bristol-based group, the world's fourth-largest cigarette company, had hoped the court would overturn the ban, which comes into effect on October 1. The legilsation is...

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MITIE chief honoured by UWE

July 29, 2011
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The University of the West of England has made Ruby McGregor-Smith, the chief executive of outsourcing giant MITIE, an honorary Doctor of Business Administration. The honour is in recognition of her significant national and local contribution to business through the distinctive culture she has created within Bristol-based MITIE. Since joining the...

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Operation to re-open disused private hospital gets go-ahead

July 28, 2011
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Some of the UK’s most innovative healthcare facilities will be available in Bristol following planning approval for the redevelopment of the private Chesterfield Hospital site in Clifton Village. The decision by Bristol City Council gives site owners, not-for-profit healthcare organisation Nuffield Health, the green light to invest £20m in...

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Bristol Enterprise Zone: Factfile

July 28, 2011
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Bristol Enterprise Zone Fact File: Official name: Bristol Temple Quarter Enterprise Zone Size: 70 hectares (173 acres) Jobs likely to be created: 17,000 Business space: 240,000 sq m (2.6m sq ft) Timescale: 25 years Intention: Creation of a creative and digital industries hub, positioning Bristol as a leading international...

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Cameron backs Bristol’s Enterprise Zone on visit to city

July 28, 2011
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David Cameron has endorsed Bristol's planned Enterprise Zone – giving it a major boost to the city’s drive to position itself as the UK’s leading centre for the creative industries. The Enterprise Zone, announced in the Budget earlier this year and based on 173 acres of mostly disused land...

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Strong order book powers Rolls-Royce profit growth

July 28, 2011
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Aero-engine group Rolls-Royce, whose defence business is in Bristol, achieved a 28% rise in profits and a record order book of £61.4bn during the first half of this year. Underlying pre-tax profits rose from £465m in the same period last year to £595m on the back of a jump...

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Bristol team lined up for Imperial’s new HQ

July 28, 2011
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Imperial Tobacco has assembled a strong Bristol-led team to work on its new corporate headquarters to be built in the south of the city. BAM Construction, which has its regional office in Stoke Gifford, will build the 83,000 sq ft four-storey, concrete-framed building in Winterstoke Road. Bristol-based Eagle Land...

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City sweeps board in Fairtrade awards

July 27, 2011
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From Bristol 24-7 www.bristol247.com Bristol has won the Outstanding Achievement Award in this year’s Fairtrade Fortnight Awards. The city came top in all three categories entered. The judges said Bristol was head and shoulders above other towns and cities in the way it strategically targeted its audience, brought together...

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