Blog Archives

Elected mayor campaigners urge big businesses to back them

April 13, 2012
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From Bristol 24-7 www.bristol247.com The campaign for an elected mayor for Bristol has criticised the city’s major businesses for not doing more to support its battle. Stephen Perry, the organiser of this lunchtime’s mayor debate on College Green told Bristol24-7 that firms now needed to back their words with...

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West tech firms wary of building links with BRIC markets

April 13, 2012
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Most medium-sized West technology companies have no plans to invest in new overseas markets over the next year, despite major opportunities in the so-called BRIC (Brazil, Russia, India and China) economies. New research from accountants and business advisers Grant Thornton shows domestic investment continues to be the number one...

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Oil prospector Wessex’s £71m takeover is ditched

April 12, 2012
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French oil giant Total has walked away from its proposed takeover of Wessex Exploration, the Bristol-based hydrocarbon prospecting company. Total made the £71m cash offer to buy Wessex last month although the Bristol-based firm then subsequently snubbed the approach, following shareholder consultation, saying the 10p a share offer undervalued...

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Lending to larger firms increases, says Lloyds

April 12, 2012
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Net lending to businesses across the South West by its wholesale banking and markets division rose 18% last year, Lloyds Bank has said. Clive Hetherington, the bank’s area director, said the figure was encouraging news for the region’s larger firms. “After another challenging year, this result is a clear...

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South West PA of the Year Awards launched

April 12, 2012
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Calling all PAs – and their bosses. Bristol Business News is looking for the PAs who go the extra mile in helping their organisations reach their potential, who make a real difference to their managers and who play key roles in delivering excellence in the workplace. Bristol Business News...

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Ambitious childcare group’s MBO backed by Co-op Bank’s Bristol centre

April 12, 2012
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Pic by Martin Bennett

The Co-operative Bank’s Bristol corporate banking centre has backed the management buy-out (MBO) of specialist residential and education group Phoenix Child Care. The bank provided a total of £5.26m via a cashflow loan and commercial mortgage towards the MBO funding package, which enabled Phoenix to replace its existing debt....

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Ask-an-architect sessions for homeowners planning to upgrade their property

April 11, 2012
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Bristol architects will be offering their expertise to homeowners on everything from house extensions to self-build properties in return for a small charity donation at the city’s Architecture Centre this weekend. The informal half-hour consultations are being held tomorrow and Sunday between 1pm and 4.30pm at the Harbourside centre....

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Creative firms lead move into Bristol’s Enterprise Zone

April 11, 2012
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Move Bridge Matt, Nick, Beth

  Two industry-leading marketing companies have become the first to take up residence in Bristol’s Temple Quarter Enterprise Zone, boosting the city’s credentials as a creative hub. Sister companies EMO and The Real Adventure (TRA) have brought together more than 220 marketing professionals from across the South West, including...

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Bristol on shortlist for 2014 European Green Capital

April 11, 2012
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From Bristol 24-7 www.bristol247.com Bristol has been shortlisted for the prestigious European Green Capital award for the second time – a move city council leader Barbara Janke hopes will make the Government “sit up and take notice” of the city’s potential. Bristol, which missed out to Stockholm in 2010,...

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Bristol cafe-bar chain Loungers aims to double up with £16m investment

April 10, 2012
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Bristol-based cafe and bar chain Loungers has secured a £16m investment from Piper Private Equity to help more than double its outlets to 50 over the next three to five years. Loungers opened its first site in Bristol in 2002 and now has 20 Lounges – five in Bristol...

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Aviation tech firm Vistair lands first contract in Asia

April 5, 2012
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12-04-Peach image (1000x750)

Vistair, the Bristol-based developer and supplier of cutting-edge safety reporting technology to the airline industry, has made a breakthrough into the South East Asian market. Peach, Japan’s new low-cost airline, has selected the company’s industry-leading SafetyNet system for all its safety reporting. The cloud-based system, already used by a...

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Upgrade will signal major boost for Bristol’s rail links

April 5, 2012
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Work has started on the largest-ever scheme to modernise signalling on the Great Western railway line between Bristol and London. When completed, the four-year £350m improvements to the 1960s signalling infrastructure could help cut delays by 50%. The upgrade is vital to prepare for electrification of the line between...

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Regen SW reaches landmark as demand for renewable energy grows

April 5, 2012
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Regional renewable energy group Regen SW has hit a new milestone – 200 organisations have joined within just 15 months to support its mission to enable ground-breaking renewable energy projects and low carbon jobs. This achievement comes as new figures show renewable energy share of electricity generated jumped from...

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