Business News

Major upgrade in West routes confirmed by Network Rail

January 8, 2013
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Major upgrade in West routes confirmed by Network Rail

Network Rail has pledged to improve services across the West and on the main Great Western line into London as it continues the biggest investment in the region’s railways since the Victorian era. But it also warned that tough choices needed to be made if the industry is to meet the competing challenges of...

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National Trust moves staff to new Bristol base ahead of sale of historic home

January 8, 2013
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National Trust moves staff to new Bristol base ahead of sale of historic home

The National Trust has relocated a team based at its Eastleigh Court base in Warminster to a new office near Bristol as it pursues plans to sell the 19th century listed building. The building, pictured right, will remain the home for the Trust's South West Wiltshire Hub in the short term while a permanent...

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West business confidence growing but outlook is challenging, survey shows

January 8, 2013
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West business confidence growing but outlook is challenging, survey shows

Confidence is increasing among many West firms and they are ambitious for growth, one of the region’s key business surveys shows. But many are also fearful of the impact the wider economy could have on their business and there are still challenges ahead in 2013. And while many firms are recovering in areas such...

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Senior appointments for Barclays’ West corporate banking team

January 8, 2013
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Senior appointments for Barclays’ West corporate banking team

Barclays has made two key senior appointments in its South West corporate banking division. Gavin Isle, pictured right, who has worked for Barclays for 30 years, has been appointed as managing director, corporate banking, having undertaken the same job in the bank’s Southern region since July 2010.  His career has predominantly been in the corporate...

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Regional fraud soared to £45m last year, new figures show

January 7, 2013
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Regional fraud soared to £45m last year, new figures show

The value of fraud committed in the South West has more than trebled over the past year to go above £45m for the first time, figures out today show. The increase is in marked contrast to the picture for the UK as a whole, with the value of total reported fraud in 2012 falling...

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Ahead of the Agenda: The Week Ahead

January 6, 2013
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Monday January 07 TRADING ANNOUNCEMENTS Morrisons UK ECONOMIC ANNOUNCEMENTS New car registrations (UK) (Dec) Tuesday January 08 TRADING ANNOUNCEMENTS Dunelm, Persimmon, Robert Walters, Signet EGMS Kingswalk Investments Ltd AGMS Debenhams TRADING ANNOUNCEMENTS Balfour Beatty, Persimmon, Robert Walters UK ECONOMIC ANNOUNCEMENTS BRC Retail Sales Monitor (00:01) Wednesday January 09 TRADING ANNOUNCEMENTS Restaurant Group, Sainsbury (J),...

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‘Businesses must work hard to meet employment challenges’, says Acas chief

January 6, 2013
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‘Businesses must work hard to meet employment challenges’, says Acas chief

Pay rises – or the lack of them – and the need for employers to motivate and engage their staff will be among the major workplace challenges in 2013, according to Tony Cooper, South West director of Acas, Britain’s top employment relations service. Here Tony, pictured, looks at the themes that are likely to...

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Barclays bank funding provides platform for growth for Serious Stages

January 3, 2013
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Barclays bank funding provides platform for growth for Serious Stages

Wells-based specialist staging equipment and outdoor structures firm Serious Stages is aiming for further international expansion this year to build on its multi-million pound work at the 2012 Olympics. The firm secured a £500,000 loan facility from Barclays for working capital ahead of the London Games which enabled it to bid for – and...

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New FD appointment at defence group Chemring lifts shares

January 3, 2013
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New FD appointment at defence group Chemring lifts shares

Chemring Group, the defence group which owns Corsham-based missile manufacturer Leafield Engineering, has appointed Steve Bowers as group finance director with effect from January 7. He will take over from Nigel Young, who was appointed interim chief financial officer last July. Steve, pictured, was finance director of advanced composite manufacturer Umeco until its acquisition...

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Bath’s Gainsborough Hotel project awards £16.3m contract to Galliford Try

January 3, 2013
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Bath’s Gainsborough Hotel project awards £16.3m contract to Galliford Try

Housebuilding and construction group Galliford Try has won a £16.3m contract to build the 5-star Gainsborough Hotel in Bath by Malaysian group YTL Hotels. The project will involve redeveloping the Grade-II listed Gainsborough Building in the city centre and two other buildings into a 99 bedroom hotel with a health spa and conference facilities....

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