Monthly Archives: July 2011

Bristol architects weather “fairly dire” conditions

July 14, 2011
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Stride Treglown, the 13th largest architectural practice in the UK and the South West's biggest, experienced a sharp dip in profits last year.  The Bristol-based practice, founded in 1953, has reported that profits fell from £654,000 to £198,000 in the year to December 31.  Turnover also dropped from £15.5m...

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Student accommodation fund worth £1.25bn

July 14, 2011
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The UNITE UK Student Accommodation Fund, comprising about half the student accommodation managed by Bristol-based UNITE group, was valued at £1.25bn at the end of March.  Its estimated net asset value (NAV) at 30 June 2011 was £0.837 per unit, reflecting an increase of 1.1% during the second quarter of...

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Enterprising Ken’s all set to meet the Queen

July 14, 2011
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Development consultant Keith Bates will be at Buckingham Palace today to celebrate winning the Queen’s Award for Enterprise Promotion which rewards individuals who have played an outstanding and significant role in promoting the growth of business enterprise, entrepreneurial skills and attitudes in others.  Bristol-based Mr Bates is among the...

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Triodos powers up for renewable energy growth

July 13, 2011
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Bristol-based Triodos Renewables – already the most widely-owned renewable energy company in the UK – is raising a further £15m to invest in more green energy projects. The money will be raised through a placing of up to 8,333,400 shares at £1.80 per ordinary share, with a minimum investment...

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Noble rallying call for innovative businesses

July 12, 2011
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Noble rallying call for innovative businesses

Business owners have been urged take the lead in helping the recovery of the local economy by Richard Noble, whose Thrust2 programme brought the World Land Speed Record back to Britain in 1983 and subsequently set the first-ever supersonic land speed record. He shared his personal insights and the challenges he...

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Airport backs campaign against sky-high passenger duties

July 12, 2011
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Airport backs campaign against sky-high passenger duties

Bristol Airport has joined a national campaign to cut air passenger duty. The UK has the highest flight tax in the world - 8.5 times more than the European average - and Chancellor George Osborne is planning to increase it by twice the rate of inflation in time for next year's summer...

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Airbus homes in on American Airlines with £3.7bn sweetner

July 11, 2011
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Airbus, which designs and part builds aircraft wings at Filton, is aiming to tempt American Airlines away from US rival Boeing by offering preferential financing worth £3.7bn. It has put together a team of lenders and leasing firms to win a heavily discounted order with a catalogue value of...

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Business activity: a mixed message

July 11, 2011
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Regional private sector growth in activity continued to slow in June, according to the Lloyds TSB South West Business Activity Index.  Having been the strongest-performing UK region at the start of 2011, the South West was one of the weakest at the end of the second quarter. This was...

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City centre office market signals revival

July 11, 2011
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Demand for office space in the centre of Bristol is holding up well although the out-of-town market continues to be patchy, according to Bristol office agents Jones Lang LaSalle (formerly King Sturge). Their figures for the first half of the year show that take-up in the city centre totalled...

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Bristol is first port of call for 10 apprentices

July 8, 2011
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The Bristol Port Company has signalled faith in its long-term prosperity by taking on 10 apprentices so far this year. It is aiming to turn them into the supervisors and managers of the future. The company, which was visited last week by Mike Penning, Parliamentary Under Secretary of State...

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New finance director for Bristol Port

July 8, 2011
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Ian Sharper has been appointed finance director at The Bristol Port Company, taking over from Richard Harvey who is retiring after 19 years with the company. Ian, who has been financial controller at the port since January 2008, trained as a chartered in York, before working abroad for PricewaterhouseCoopers...

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Fiesta balloons go up for Collett Transport

July 8, 2011
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Collett Transport Services has become title sponsor for the 2011 Bristol International Balloon Fiesta, a package worth more than £120,000.  A hot air balloon with carry the company’s brand at the next month's event which is expected to attract half a million people over the four days between August 11-14. The...

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Interest rates held at 0.5%

July 7, 2011
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Interest rates were pegged at a record low 0.5% today as the Bank of England continued to worry about the weakness of the economic recovery. The widely-expected decision means interest rates have stood still since March 2009. Inflation may have soared to more than double the Bank's 2% target, members of...

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