From Bristol 24-7 Swedish furniture giant Ikea has been fined £80,000 after a worker at its Bristol store suffered multiple injuries in an accident. Philip Edgecombe broke two bones in his left arm and dislocated his shoulder while driving a forklift truck in the store. The mast of the...
Specilaist software developer SciSys today signalled confidence in the future by raising its annual dividend 10% on the back of a rise in pre-tax profits from £1.57m to £2m in 2011. The company, which has a major base in Bristol and its head office in Chippenham, develops information and...
The regeneration of one of the last parts of Bristol's Harbourside looks to have been finally settled. Grade II-listed East Purifier House in Gas Ferry Road is to be converted into apartments. It follows a decision by serviced apartment group Citystay to sell the former gasworks building to developers...
Chancellor George Osborne opened his Budget by saying it would “unashamedly back business". But did he succeed? Here are the views of a range of business leaders and professionals. Phil Smith, managing director of Business West, which includes Bristol Chamber of Commerce: “Business West is disappointed that the Budget...
Two of the Bristol area’s key industries – animation and aerospace – will benefit from measures announced in the Budget. The Chancellor said a new UK centre for aerodynamics will open next year to encourage innovation in aircraft design and commercialise new ideas. And, following intense lobbying by Bristol...
INCOME TAX 50p top rate of tax cut to 45p from April 2013 Personal income tax allowance raised to £9,205 from April 2013 New general anti-tax avoidance rule to be introduced Age-related allowances to be removed for new pensioners from April 2013 and replaced with a single personal allowance...
SUPPORT FOR BUSINESS Corporation tax cut to 24% from next month and to 22% by 2014 Consultation on simplifying the tax system for small firms with a turnover of up to £77,000 Support for £150m of tax increment financing to help councils promote development Additional £270m for the Growing...
The Chancellor announced that Bristol will be one of 10 super-connected cities with extra investment for ultra fast broadband. Details to follow
Leader of the Opposition Ed Milliband said the Chancellor's plans had failed. Instead he had delivered a Budget for millionaires. He said the Government had cut too hard and too fast and had run out of excuses. The US economy had grown at twice the rate of the UK's...
Corporation Tax is to be cut by 2% to 24% next month, the Chancellor said in today's Budget. Further cuts will take it to 22% by 2014, said the Chancellor – calling it "an advertisement for investment and jobs in Britain."
Chancellor George Osborne opened his Budget by saying it will 'unashamedly back business." The Budget will "reward work". Britain "is going to earn its way in the world", he said. Britain is "not immune" from developments in the eurozone, he said. He also said a million more jobs will...
Bristol Business News, the city’s fastest-growing source of authoritative business news and information, will be delivering the full analysis of today’s Budget in the following ways: · Twitter. We will be tweeting the key points as they are announced by Chancellor George Osborne · * Online. Our website will...
The biggest warehouse deal in years at Cabot Park, Avonmouth, has been signed off by Colliers International with joint agent GVA. Acting on behalf of Standard Life they achieved a rent of £6 per sq ft on a new 15-year lease for Yankee Candle at the 170,000 sq ft...
