Bath’s £5.5 million development of its Roman Baths is set to go head-to-head with others from the rest of the UK, Europe, Africa and the USA, to be named best in category and achieve the ultimate accolade Global Project of the Year at the RICS Awards grand final 2011. The project was crowned winner,...
Innovative satellite control software developed by Chippenham-based specialist IT firm SciSys is to be used in a trial to automate oil and gas pipeline drilling processes. SciSys’ APEX software has been chosen by the European Space Agency (ESA) for the project. Originally designed to control in-flight satellite telemetry, it has now been adapted to...
Small businesses in Bath are being offered free expert advice from chartered accountants as part of a recently-launched initiative. The Business Advice Service (BAS) aims to help small companies and start-ups with business and financial advice to spur economic growth. Small and medium business (SMEs) owners can contact accountants in their area on a...
Mergers and acquisitions involving British targets are likely to drop dramatically to their lowest level since the 1990s, new research shows. Some 402 transactions worth a total of £23.8bn have been recorded so far in the third quarter of this year. And with less than two weeks until the end of the three-month period, deal volume...
Green businesses in the South West looking to trade overseas will be able to receive export advice at the Environmental Trade Show UK (ETS UK) later this month. Expert advisors from UK Trade and Investment South West (UKTI), Business West and Enterprise Europe Network (EEN) will be on hand in the International Trade Lounge...
Eastern Airways has increased flights from Bristol Airport to Aberdeen and Leeds-Bradford from two to three each weekday to meet rising demand. Eastern Airways’ commercial director Kay Ryan said: “Our conveniently timed services are by far the quickest way to get to Yorkshire and north east Scotland and save valuable time compared to ground...
Financial services technology firm Ascentric has moved to larger premises in Bath after outgrowing its previous base. The firm, a subsidiary of Royal London Insurance and which has more than £3bn of clients’ funds under management, was launched in 2006. It has grown rapidly over the past two years and now employs more than...
Trowbridge-based furniture group Airsprung has received a surprise £6.5m takeover bid from a property investment company. The offer emerged earlier today after Airsprung was noticed that Portnard Ltd, a Jersey registered investment vehicle, had acquired shares giving it a 29.95% stake in the historic business. Portnard’s principal shareholder Andrew Perloff, a well-known figure in...
Major contract wins from the BBC, the Environment Agency and the European Space Agency helped push up half-year sales and profits at specialist IT services group SciSys. The new business also helped the Chippenham-based group improve its margins at a time when public spending cuts are impacting on many of its markets. Pre-tax profits...
Melksham-based Avon Protection has received a further award under its existing 10-year sole source requirements contract with the US Department of Defense (DoD) for the supply of its M50 JSGPM masks valued at approximately $19m and for delivery in its 2012 financial year. The contract is in addition to the 100,000 masks per annum Avon...
