Advanced manufacturing

FSB survey shows grim economic outlook hitting South West small firms’ growth aspirations

August 10, 2023
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FSB survey shows grim economic outlook hitting South West small firms’ growth aspirations

Hopes that small business confidence levels in the South West are bouncing back have been dashed by the results of a new survey, reflecting firms’ concerns over the economic outlook. But while there has been a fall in confidence among the region’s smaller companies, some positive signs have emerged...

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Bristol charity’s parklife team-building scheme aimed at firms employing hybrid working

August 10, 2023
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Bristol charity’s parklife team-building scheme aimed at firms employing hybrid working

A social enterprise is offering Bristol firms the chance to take part in outdoors team-building days while also helping local communities and the environment thrive. Bristol-based charity Your Park Bristol & Bath has launched the team days in response to the shift to hybrid working by many businesses, which...

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New £200m regional investment fund attracts hundreds of inquiries from firms in first month

August 9, 2023
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New £200m regional investment fund attracts hundreds of inquiries from firms in first month

More than 350 businesses from across the South West have already expressed an interest in applying for finance from a new £200m regional investment fund just weeks after its launch. The government-backed South West Investment Fund (SWIF), which was unveiled last month by the British Business Bank, aims to...

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Precision plastics manufacturer sold in deal put together by PKF Francis Clark and Clarke Willmott

August 4, 2023
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Precision plastics manufacturer sold in deal put together by PKF Francis Clark and Clarke Willmott

Corporate finance specialists at regional accountancy firm PKF Francis Clark and legal experts from the Bristol office of Clarke Willmott have advised on the sale of one of the UK’s leading independent manufacturers of precision plastic components. Nailsea-based Nylaplas, which firms in a wide range of sectors including aerospace,...

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South West firms’ confidence rebounds faster than other UK regions’, new survey shows

August 4, 2023
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South West firms’ confidence rebounds faster than other UK regions’, new survey shows

Confidence levels among businesses in the South West have bounced back from the gloom of earlier this year – making the region one of only two to register an increase in optimism. Overall confidence rose five points last month to 34%, while companies in the region became far more...

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£2m fund launched to plug skills gaps across the West of England – from chefs to welders

August 4, 2023
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£2m fund launched to plug skills gaps across the West of England – from chefs to welders

Bristol employers are being invited to take part in a new £2m programme that will support hundreds of individuals across the West of England to learn new skills. The scheme, launched by the West of England Combined Authority (WECA), is designed to plug the skills gaps in the region...

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Bristol chosen by underwater industry trade body for new base as it looks to build presence in South

August 3, 2023
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Bristol chosen by underwater industry trade body for new base as it looks to build presence in South

The trade organisation for the underwater industry is to open a base in Bristol later this year. The Global Underwater Hub (GUH), which has its head office in Aberdeen, represents and promotes the underwater industry, including offshore energy, aquaculture, defence, telecoms and seabed minerals. It receives funding from the...

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Major fund manager launches Bristol office to support the city’s ambitious small businesses

July 28, 2023
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Major fund manager launches Bristol office to support the city’s ambitious small businesses

One of the UK’s largest regional fund managers has opened an office in Bristol to provide finance to small and medium-sized business through the British Business Bank’s new £200m South West Investment Fund. FW Capital will manage the debt finance fund for the north of the region, providing commercial...

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Scheme for successful student entrepreneurs to ‘pay it forward’ launched by University of Bristol

July 21, 2023
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Scheme for successful student entrepreneurs to ‘pay it forward’ launched by University of Bristol

A former University of Bristol student-turned-entrepreneur has donated £50,000 to help fund its next generation of start-up businesses. The donation from Rupert Baker has kick-started a new ‘founders’ pledge’ project through which entrepreneurs given funding by the university promise to donate some of their future earnings to student start-ups. ...

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New Bristol tech hub will bring groundbreaking research into telecoms of the future to the city

July 21, 2023
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New Bristol tech hub will bring groundbreaking research into telecoms of the future to the city

Bristol’s status as a global centre for innovation in telecoms hardware has been boosted by plans to open a £2.5m research centre in the city. The Future Telecoms Hub, which will launch this autumn on the Bristol & Bath Science Park at Emersons Green, will lead pioneering development work...

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£4bn battery gigafactory to put Bristol in the driving seat of the UK’s electric vehicle revolution

July 21, 2023
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£4bn battery gigafactory to put Bristol in the driving seat of the UK’s electric vehicle revolution

Bristol and the West of England will become the UK’s centre for electric vehicle technology when the long-expected green light is finally given for a battery gigafactory in Somerset, according to business leaders and politicians in the region. The government this week agreed a deal with Tata Group, which owns...

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Sale of West of England-based global leader in advanced optical filters handled by Shaw & Co

July 21, 2023
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Sale of West of England-based global leader in advanced optical filters handled by Shaw & Co

Bristol-based specialist corporate finance advisory firm Shaw & Co has helped seal a major deal that will boost the South West’s lead in advanced optical technology. The firm advised thin-film coating company Artemis Optical on its £8.9m sale to long-established Somerset specialist manufacturer of optical components and systems Gooch...

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Economic uncertainty and lower consumer spending blamed for big rise in profit warnings

July 20, 2023
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Economic uncertainty and lower consumer spending blamed for big rise in profit warnings

Profit warnings from South West companies listed on the London Stock Exchange soared by 66% in the first half of this year as the cost of living crisis hit consumers. According to new research by international accountancy group EY, 15 warnings were issued by quoted firms in the region...

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