Monthly Archives: November 2011

Survey points to serious risk of economic slowdown

November 7, 2011
By

The economy is at serious risk of contracting before the end of the year as services firms falter and manufacturing declines again, a bleak survey claims today. Accountants BDO’s output index, which measures turnover expectations over the next three months, fell in October to 92.6, the lowest level since...

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Centre of excellence for next generation of engineers to be built in Bristol

November 4, 2011
By
gears

A centre of excellence bringing together skills training for the automotive, aerospace and engineering sectors is to be developed in North Bristol under an ambitious project by City of Bristol College. The College is to embark on the construction of a new building and an extensive refurbishment programme of...

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Friday analysis: Can Bristol light up the retail gloom?

November 4, 2011
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IMG_0977

Every Friday Bristol Business News ends the week with an analysis of a key area of recent business news. This week we look at what's in store for the city's retail sector in the run up to Christmas. Bristol’s top two retail destinations, Cabot Circus and The Mall at...

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Bank funding deal for newly-merged law firm

November 4, 2011
By

Newly-merged law firm DAC Beachcroft has secured substantial bank funding to support its development and growth in a deal structured in Bristol. The package includes a combination of working capital, loans, revolving credit and corporate asset-based finance and was led, for Lloyds Bank Corporate Markets, by Andy Hart and...

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Triodos Bank helps fund pioneering Bristol ex-offender project

November 4, 2011
By
Westmore 2 (1)

Bristol Together, the groundbreaking social enterprise supporting a major programme of job creation for ex-offenders, has secured initial funding with the help of ethical investment specialist Triodos Bank. Clifton-based Triodos acted as lead advisor for the initial fundraising from the Esmée Fairbairn Foundation and a private individual, successfully securing...

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Govt must help us tackle youth unemployment, CBI chief tells West bosses

November 4, 2011
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The Government should introduce a Young Britain Credit to encourage firms to recruit young people and prevent the UK creating a “lost generation” of jobless youngsters, the head of the CBI has told West business. Speaking at the CBI South West’s annual dinner in Bristol last night, John Cridland...

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Direct Bristol-Zurich flights to take off next month

November 4, 2011
By
Fokker_Air2

West of England firms doing business in Zurich will be able to fly direct to the Swiss financial centre when a new a three-times-a-week service from Bristol Airport launches next month. Helvetic Airways launches the flights on December 5 with tickets costing from £145 return. The service will give...

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Developer plans ‘sensitive’ scheme on historic hospital site

November 3, 2011
By
View from accross commercial rd

The first illustrations of the high-profile, multi-million pound redevelopment of Bristol General Hospital have been released – without a tower block in sight. Essex-based developer City & Country Group, which paid £6m in June for the near-three-acre site, specialises in working on sensitive heritage sites. It is the market-leading...

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Bristol mobile phone jobs at risk as Orange group cuts costs

November 3, 2011
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Jobs in Bristol are at risk under plans by Everything Everywhere, the firm which runs mobile phone brands Orange and T-Mobile, to axe 550 staff following a review of its business. The group said the cuts, which account for about 4% of the company’s workforce, will affect sites in...

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Housing association recruits assistant director of finance

November 3, 2011
By
Ed Rowberry, Archadia Housing

Arcadia Housing, which owns and manages more than 11,000 homes, has appointed chartered accountant Edward Rowberry as assistant director of finance. His appointment comes as the group takes part in a series of stock swaps with other regional housing associations and builds a new head office in Worle, Weston-super-Mare.   Ed, who...

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West innovation takes centre stage at Venturefest

November 3, 2011
By
The-Forum-at-Bristol-and-Bath-Science-Park

Innovative business talent comes to the fore today at Venturefest Bristol 2011, the showcase event at the Bristol & Bath Science Park. The event aims to bring together new technology and innovation-based business ideas with the funding and support they require to help them grow. Core to Venturefest is...

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Medical and science firms are creating North Bristol hotspot

November 3, 2011
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North Bristol is becoming a hotspot for medical and scientific businesses with increased demand for space from medical companies on its business parks. The claim comes from  Chris Davies, South West leasing manager at SEGRO, the commercial property investment and development company. He said: “This part of North Bristol is rapidly...

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Aztec West properties offloaded in £10.35m deal

November 2, 2011
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Three buildings at Bristol’s Aztec West business park have been sold for a total of £10.35m. Property agents DTZ advised Scottish Widows Investment Partnership (SWIP) on the sale of Buildings 200, 1100 and 1200 to London-based property investment group Hansteen UK. The portfolio of assets includes two modern multi-let...

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