Blog Archives

Alterian rejects surprise £50m takeover approach

October 24, 2011
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Alterian, the Bristol-based database marketing software group that crashed into the red earlier this year, has rejected the £50m takeover approach it received late on Friday. The all-cash, non-binding, indicative 80p per share offer came unexpectedly from FTSE-250 translation software firm SDL. It represented a 40% premium on Alterian’s closing price of...

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CBI calls on Govt to help ‘forgotten army’ of mid-sized firms

October 24, 2011
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The government has been urged to do more to help the UK’s ‘forgotten army’ of medium-sized businesses. The plea has come from the CBI, which today said new measures should be brought in to improve access to finance, especially in the bond markets. Businesses turning over between £10m and...

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Law firm does the double with coveted industry awards

October 21, 2011
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Law firm VWV has received two prestigious industry awards in the space of two weeks. The Bristol-based firm, formerly called Veale Wasbrough Vizards, was crowned Specialist Team of the Year at the 360 Legal Group awards for its leading role in the education sector and was also named Regional...

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Branching out at Beeches

October 21, 2011
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SEGRO, which claims to be Europe's leading provider of flexible business space with a £5.3bn property portfolio of mainly industrial and warehouse assets, has seen a refurbishment programme pay off at the Beeches Industrial Estate, Yate. Bakers Greggs have taken a unit from which they will be able to...

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Agents CJH Land pass £110m milestone

October 21, 2011
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Agents CJH Land, who specialise in the sale and acquisition of development land, have passed what they consider to be a significant milestone in the current economic climate by brokering transactions on land and property worth more than £110m during the past two years. The Flax Bourton company, which...

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A400M military transporter faces fresh order cutbacks

October 21, 2011
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Fresh turbulence has hit the troubled Airbus A400M turboprop military transporter with reports that Germany is looking to scale back its orders for the aircraft whose lightweight carbon fibre-reinforced plastic wings were designed and are being made by Airbus in Filton. Seven European countries – Belgium, France, Germany, Luxembourg,...

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Oscar-winner Nick Park lends his support to Bristol micro loan charity

October 20, 2011
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Wallace & Gromit animator Nick Park will be producing live sketches before an invited audience on Monday at Bristol’s Bordeaux Quay restaurant to mark his decision to become patron of Deki, the Bristol-based development charity. Deki, founded in 2008 by UWE graduate Vashti Richards, enables people to help entrepreneurs...

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Airline lands coveted top accolade at industry awards

October 20, 2011
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Eastern Airways, the regional airline which operates flights from Bristol Airport, has been named the Best Passenger Charter Airline at a prestigious industry awards ceremony in London. The UK’s second-largest regional airline achieved the air charter industry’s most-coveted accolade at the Baltic Air Charter Association Excellence Awards yesterday at...

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Plans progress for National Centre of Maritime Excellence in Bristol

October 19, 2011
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Ambitious proposals to transform Underfall Yard – part of Bristol’s Floating Harbour – into a national maritime centre of excellence are to be considered by Bristol City Council’s Cabinet next week.  The yard and historic slipway are owned and managed by the Underfall Yard Trust and were rescued from...

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City bids for title of 2014 European Green Capital

October 19, 2011
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Bristol is entering the race to be Europe’s top green city in 2014, one of 19 cities across Europe to apply. Bristol last entered the race for 2010 when it was the only UK city to be short-listed. It was won that year by Stockholm and it is currently held...

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It’s the Ultimate vote of confidence

October 19, 2011
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Ultimate Finance, the Bristol-based specialist in providing finance to SMEs, has extended its £34m back-to-back facility with Lloyds TSB Commercial Finance for an additional year to support the group's on-going growth. The contract, which has a new three-year minimum term, effectively extends the facility through to June 30, 2014....

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Cautious Jelf in good shape and pondering further growth

October 19, 2011
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Jelf, the Yate-based consultancy which provides a broad range of insurance, financial services and employee benefit services to corporate and individual clients, is expected to report that it has traded well in the second half of the year with results in line with market expectations, despite the continued economic downturn....

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Strong aerospace sales help lift engineering group GKN

October 19, 2011
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A 3% increase in sales at its aerospace division, which has a major presence in Bristol, helped engineering group GKN increase third-quarter revenues and profits. While pre-tax quarterly profits were virtually flat – up just £1m to £89m – its aerospace division proved a bright spot. It is heavily...

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