Fast-growing insurance broker Brightside has been named the 2011 West of England Business of the Year. The Bristol-based group, which was formed just 10 years ago with two staff, now employs more than 600 people in its head office and a string of call centres. Last year its turnover...
Oldbury in South Gloucestershire and Hinkley Point in Somerset are two of eight sites where the next generation of UK nuclear reactors will be built and operational by 2025, the government confirmed today. The plans still have to be debated and voted on in Parliament but the coalition is hoping...
A new approach to sustainable production for the creative industries is to be launched in Bristol next week. Think Future Now, which has its own website, www.thinkfuturenow.com, will offer a mix of events promoting collaboration with other sectors to develop new business and procurement models. The new approach will kick off...
European planemaker Airbus has won business worth $72.2bn for a total of 730 aircraft at the Paris Air Show – a record for any commercial aircraft manufacturer at any air show. The commitments comprise memorandums of understanding for 312 aircraft worth $28.2bn and firm orders for 418 aircraft worth around...
Colston Tower, the landmark 15-storey office building which dominates Bristol city centre, has been sold by the HSBC Pension Fund for £7.6m to two London-based property development companies. Development Securities, an investment and development company, will have a 75% stake with recently-formed Ellandi holding 25% of the building, which...
European planemaker Airbus has outsold American rival Boeing by a large margin in the first two days of the Paris Air Show, notching up orders worth around £16bn ($26bn), mainly of its revamped single-aisle A320neo whose new engines will deliver fuel savings of 15%. The tally of single aisle...
Business and Enterprise minister Mark Prisk has met his counterparts from France, Germany and Spain at the Paris Air Show to pitch for a bigger UK role in the next generation single-aisle airliner, the fuel-efficient Airbus A320neo. Mr Prisk has also met representatives from Boeing to discuss the expansion of US...
Thatchers Cider has signed a three-year deal with Bath Rugby as the club’s official cider partner. The North Somerset cider maker's logo will be displayed on Bath team jerseys and there will be branding at the Recreation Ground including the re-naming of the north stand as the Thatchers Stand. Thatchers...
The £1bn plan to electrify the rail route between Bristol and London could create 200 jobs at a new rail maintenance depot in Stoke Gifford, close to Bristol Parkway Station. Hitachi Rail Europe is reported to be in talks with South Gloucestershire Council about using land owned by...
With the Paris Air Show in full swing, announcements from major aerospace companies are being made thick and fast. Bristol Business News is leading the regional coverage of the show, the largest gathering of the global aviation industry, with value-added reporting by our team of experienced business journalists. Yesterday...
More than 33,500 new aircraft worth £2.4 trillion ($4 trillion) will be needed over the next 20 years as the number of passengers rises threefold. The astonishing figures come from US aerospace giant Boeing as the Paris Air Show, the world’s largest gathering of aviation industry figures, gets...
Now is a good time for commercial property tenants to renegotiate rent and other lease terms, claims Chris Dawson, commercial lease specialist at Colliers’ Bristol office. He said: “When a property lease is approaching its expiry the capital value of the investment diminishes due to uncertainty over the projected income stream. For this reason we...
Airbus has dismissed claims by Jim Albaugh, head of US rival Boeing’s commercial jet division, that the European planemaker's upgraded single aisle A320neo will put it only “on par” with the larger versions of the rival Boeing 737. “There is not an airline in the world that believes that –...
