SciSys, the specialist IT firm with a base in Bristol, has plunged into a £1.1m half-year loss after being hit by problems with a large fixed-price project. Sterling’s strength against the euro also dragged down earnings at the firm, which has its roots in the European Space Agency and...
Business West, the organisation that runs Bristol Chamber of Commerce, has launched a project to help local firms benefit from the development of Hinkley Point C nuclear power station and make the city a centre of excellence for the nuclear industry. Nuclear South West will bring together firms already...
Lawyers from Bristol-headquartered Burges Salmon have worked on the complex, cross-border acquisition of a majority holding in historic UK metals firm Henry Bath by a Chinese logistics group. Beijing-based CMST Development Co paid $60m (£38.5m) for a 51% stake in Henry Bath, one of the world’s oldest metals storage...
Sustainability is firmly on the agenda for 80% of West of England boardrooms with nearly a third considering it one of their business’s top three priorities, according to an exclusive survey conducted by Bristol executive search firm Moon Consulting and Bristol Business News. Just 5% are not currently engaged in...
Entrepreneurial Spark, the nationwide accelerator programme for entrepreneurs, has officially launched its Bristol hub – with one resident firm gaining an instant £1,000 boost to their business at the opening ceremony. The Bristol Hatchery, which is backed by NatWest and based at the bank’s Trinity Quay office complex, is...
Three innovative Bristol tech start-ups will be showcasing their businesses at St James’s Palace in London as part of Pitch@Palace, an initiative founded by HRH The Duke of York, who was in the city this week to meet fledgling firms taking part in the challenge. Wriggle, YellowDog and Altitude...
Small business network Enterprise Nation has announced the final line-up for its major event in Bristol next month aimed at helping female-founded businesses to grow. The Festival of Female Entrepreneurs (FFE) will hear from successful women in their field to inspire and advise those setting up on their own...
Small and medium-sized businesses across the West of England are being encouraged to apply to a £4m fund that aims to help them develop new products and services and create jobs. The UWE Innovation4Growth (I4G) programme part funds research and development projects with grants of between £25,000 and £150,000...
An extra £2bn a year could be generated for the West of England’s economy if the Government handed back control over areas such as skills, transport and housing to the region, according to the leaders of its four local authorities. They have submitted a proposal to the Treasury calling...
The first new road bridge across the River Avon in Bristol for more than 100 years swung into place this week – opening up the development site that will be home to the city’s long-awaited arena. The £11.3m, 63-tonne steel bridge will connect the previously isolated Arena Island to...
Bristol-headquartered law firm TLT has advised Smart Transactions Group, the UK leader in contactless payments and ticketing, on the multi-million pound sale of its West of England subsidiary to Japanese IT giant Fujitsu. The acquisition of ACT (Applied Card Technologies), based near Chippenham, paves the way for Fujitsu and...
Shares in SciSys, one of the region’s largest and longest-established specialist IT firms, rose today after it said it had resolved a potentially damaging funding crisis. In June the firm, which has a base in Brislington, warned it was at risk of breaching its banking covenants in August. Within...
Bristol businesses are helping the South West buck the national trend for exporting, with the value of overseas sales from the region rising while the national figure decreases. Data released today by HM Revenue and Customs shows that the value of UK exports decreased by 2.6% to £285bn in...
