The Bristol and Bath area is to receive £86.2m of Government funding to accelerate economic growth and create 5,000 jobs. The amount is the highest in England and seven times that of London calculated by population size. Bosses at the West of England Local Enterprise Partnership (LEP), which will...
High-value engineering firm Altran UK has opened a second office in Bristol to expand its support to major aerospace and defence companies across the South West and create a centre of excellence for innovation. The firm operates in key areas such as advanced systems, aerostructures, propulsion, aerodynamics, product lifecycle management...
Bristol’s aerospace sector is to be showcased to a global audience at the Farnborough International Airshow – the world’s largest gathering of decision-makers from the industry. The city sits at the heart of the largest aerospace cluster in Europe with major manufacturers such as Airbus, Rolls-Royce and GKN Aerospace...
Bristol has been named as the location for one of the UK’s first four University Enterprise Zones to help the next generation of hi-tech companies set up and expand. The Enterprise Zone, which is expected to create more than 500 jobs and generate £50m for the local economy, will...
SETsquared, the centre for innovative part run by the University of Bristol, has been named as the top university business incubator in Europe and second best in the world. In a ranking published by the University Business Incubator (UBI) Index, SETsquared, whose Bristol base is at the Engine Shed...
West firms are being urged to visit the UK’s first Export Fair, which is being staged in Bristol next week, as a first step to doing business abroad. Organised by UK Trade and Investment (UKTI) and Business West, the Export Fair supports the recent International Festival of Business, which...
Ambitious West businesses are being invited to bid for a share of a £200m investment pot – the latest phase of the Government’s Regional Growth Fund (RGF). Firms applying for round six of the RGF, launched this week by Deputy Prime Minister Nick Clegg, will be following in the...
The number of businesses expecting to recruit more staff has almost returned to the pre-recession levels of 2007 new figures released this week show. But while the data is welcome news for job seekers, some business analysts are warning that it could signal looming skills shortages. The latest Business...
West-based luxury brand Mulberry, best known for its £1,000-plus handbags, has promised to launch new products with slightly cheaper price tags after revealing that profits nearly halved in its last financial year. Chairman Godfrey Davis, who is leading a restructuring of the business to restore growth, said it had...
Seven directors running businesses based in and around Bristol will this evening find out if they have been successful in the prestigious South West Institute of Directors (IoD) awards. Competing for the awards, which celebrate excellence in the boardroom, are Nick Sturge, co-founder of the enterprise hub The Engine...
Chinese telecoms equipment giant Huawei is to open a research and development base in Bristol, it revealed this week. The centre, part of its UK Innovation Programme, will initially recruit 30 high-calibre R&D employees and have a primary focus on researching ICT chips, software, and the analog chip technology...
Bristol aerospace giants Airbus and GKN could face disruption to production schedules after airline Emirates cancelled an order for 70 of Airbus’s new A350 mid-range aircraft. The move, which followed a review of its fleet by the Gulf airline, has dealt an unexpected blow to Airbus and its A350...
Bristol-based Imperial Tobacco has confirmed it plans to float off its Spanish distribution business Logista. Madrid-based Logista distributes Imperial’s cigarettes along with other those of rivals and other consumer products across Southern Europe. Last year it recorded revenue of £8.3bn and an adjusted operating profit of £176m. In February...
