Chancellor Philip Hammond’s support for the tech sector – a vital part of Bristol’s economy – and his commitment to devolve more funding for infrastructure and skills to the West of England in Wednesday’s Budget have been welcomed by business figures across the city. However, there was criticism that...
Philip Hammond was a “cautious Chancellor doing his best in a tight spot” in the Budget, according to Phil Smith, managing director of Business West – the region’s largest business organisation which runs Bristol Chamber of Commerce and the Bristol Initiative. He described Mr Hammond as playing a “weak...
Chancellor Philip Hammond has presented the 2017 Budget. Here are the main points: Economy is ready for challenges that lie ahead Growth forecast is now 1.5% this year, 1.4% next year and 1.3% in 2019/20 against 2% this year, 1.6% next year and 1.7% in 2019. Inflation peaking at...
Business West, the region’s largest business organisation, today called on Chancellor Philip Hammond to “be brave, but invest in the long term” in Wednesday’s Budget. The group, which runs Bristol Chamber of Commerce and the Bristol Initiative, said businesses’ patience was wearing thin with a government that was failing...
Innovative fuel-saving wing-tip devices developed by Airbus engineers in Bristol have helped the aerospace giant clinch one of the biggest deals in aviation history – selling 430 aircraft to US investment group Indigo Partners for nearly $50bn (£37.8bn). The single-aisle aircraft A320neo (new engine option) is a re-engineering of...
The 25 most disruptive firms in the South West have been named in a unique list – with seven of the top 10 based in Bristol. The first of its kind, the Disrupt South West index recognises ventures with headquarters in the region which hold the greatest potential to...
Ambitious plans for a second Engine Shed innovation hub in Bristol were this week given the go-ahead by the city council, paving the way for increased long-term, sustainable and inclusive economic growth based on its model of collaboration. Engine Shed 2 will enable it to bring new projects into...
West of England firms’ domestic sales and orders have grown at their fastest rate for two years, while business confidence is at its highest since before the Brexit referendum, according to the latest survey from Business West. The organisation, the largest business membership group in the region, said the...
Bristol firms are to get the chance to learn more about the business case behind using Fairtrade products at an event later this month. The workshop, staged by Bristol Fairtrade Network at the Future Economy Centre on Temple Way, will give help and inspiration on ways to source Fairtrade...
More than 80,000 construction workers will be needed across the West of England over the next 20 years to help make hundreds of building projects a reality, according to a new report. The West of England Combined Authority (WECA)I, which commissioned the research, said it would work with colleges,...
The University of Bristol this week revealed plans to take quantum research from the lab into the commercial world by launching the world’s first centre of its kind. The £43m centre will harness the enormous power of the quantum world – the behaviour of matter and energy on the...
The planned world-beating automotive research centre on the outskirts of Bristol has passed a significant milestone after receiving official confirmation that it will receive funding of £10m. IAAPS – Institute for Advanced Automotive Propulsion Systems – will help develop the next generation of ultra-low emission vehicles and create an...
Bristol is to strengthen its role as a leading centre for virtual reality (VR) and augmented reality (AR) with the opening in January of one of the UK’s first dedicated research centres for the fast-growing sector. The formal go-ahead was given for the Bristol VR Lab was given this...
