Monthly Archives: July 2011

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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Renishaw defies global slowdown with 200% profits growth

July 27, 2011
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Hi-tech engineering group Renishaw has brushed aside any thoughts of a global slowdown with record annual pre-tax profits of  £80.4m – up 203% on a year ago while basic earnings per share were up 208%. Total revenues for the year at the group, which specialises in metrology and healthcare,...

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Empty rates policy is hitting recovery, expert warns

July 27, 2011
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The Government’s policy of removing empty rates relief on industrial buildings is preventing small and medium-sized companies from contributing to the region’s economic recovery, warns industrial property expert Russell Crofts. Vacant industrial properties with a rateable value of less than £18,000 a year had previously been exempt from business...

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Olympics boost for South West businesses

July 27, 2011
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With exactly a year to go before the start of the 2012 Olympics, nearly a quarter of businesses in the South West believe they will benefit from the London Games, according to a new study. But the Business Barometer commissioned by Close Invoice Finance, throws into doubt the ability of...

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Economy failing to recover, latest figures show

July 26, 2011
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The UK economy grew by just 0.2% in the three months to June 30, adding to pressure on the Government to take action to kick start the recovery. The sluggish growth, which follows a six-month period when the economy effectively flatlined, was blamed on a series of one-off events,...

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Bristol ‘Bullring’ plan linked to Temple Meads site

July 26, 2011
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From Bristol24-7 – www.bristol247.com Land next to Bristol's Temple Meads railway station could be transformed into an upmarket shopping centre similar to Birmingham's Bullring. Known as Plot 6 and now used as a car park, the area could include luxury shops and restaurants as well as a multi-storey car...

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