Stage Electrics, the Avonmouth-based firm supplying lighting and sound equipment to entertainment venues, has been taken over in a management buyout (MBO). The firm has grown from its launch in 1979 into a business turning over £30m a year with more than 225 staff, 10 sales offices and operations...
Monday May 20 INTERIMS ITE Group FINALS Cranswick, E2V Technologies, Mitie Group AGMS Auhua Clean Energy, British Smaller Companies VCT 2, LMS Capital, Shanta Gold Ltd., TMT Investments Q1 OAO Severstal GDR (Reg S) Tuesday May 21 INTERIMS Greencore Group, Paragon Group Of Companies, Renew Holdings, Zytronic FINALS Big...
TV show The Apprentice is giving young people a great appetite for business, Nick Hewer, Sir Alan Sugar’s right-hand man on the programme, told West business leaders last night. Speaking at the annual Institute of Chartered Accountants in England and Wales (ICAEW) West of England dinner, he said whenever...
Construction on the second phase of Bristol’s pioneering National Composite Centre (NCC) is underway following a turf cutting ceremony attended by business minister Michael Fallon. The work, supported by Government funding of £28m, will double the size of the NCC and allow it to extend its capabilities to develop...
By Nigel Morrison, advisory partner, Grant Thornton Despite the difficult economic climate, business insolvencies in the UK are running almost at pre-financial crisis levels, and continue to fall. Why is this? One of the principal reasons for the low business failure rate is the proliferation of the so-called “zombies”...
Aero-engine giant Rolls-Royce is to support the Bloodhound Project, which will attempt to beat the 1,000mph world land speed record, in a tie-up that puts Bristol firmly at the heart of engineering innovation. The Bloodhound car will be powered by a Rolls-Royce EJ200 jet engine – made at its...
The Bloodhound Project, which is developing a 1,000mph car, is to move to larger premises on an industrial estate in Avonmouth as it prepares to challenge the world land speed record. The project has taken a flexible five-year lease on Unit 3 Avonbridge Trading Estate on Atlantic Way, which...
Nearly a third of West construction firms are at risk of failure in the next 12 months, according to new research. This compares to 25.7% of businesses at risk across all sectors in the region and comes on the back of a fall in UK construction output in the...
A £25m fund has been set up for businesses across the West to help develop jobs by matching public and private cash. The West of England Local Enterprise Partnership (LEP) will distribute the money which comes from the Government’s Regional Growth Fund. Businesses can apply for grants of between...
More than 80% of West hotels and tourism businesses suffered a decline in bookings last year as the London Olympics, economic gloom, and wet weather combined to keep visitors away from the region. And so far this year is not looking much better, with 90% reporting fewer or no...
Bristol-headquartered international law firm Osborne Clarke has confirmed it is entering a two-week consultation that may result in some compulsory redundancies. The consultation affects a number of UK lawyers. A spokesperson said: “We have had to make an extremely difficult decision in putting up to 13 of our UK...
Nick Hewer, best known as Sir Alan Sugar’s right-hand man on The Apprentice, will give West accountants and professional advisers a behind-the-scenes view of life as TV celebrity when he speaks at the annual Institute of Chartered Accountants in England and Wales (ICAEW) West of England dinner this evening....
Bristol firms A-Gas and Loungers are among the finalists of the prestigious West of England Business of the Year Awards which have been announced today. The PwC-sponsored awards are the most-coveted in the region, recognising for the past 25 years to cream of the West’s dynamic companies. As well...
