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Somerset
15:01, 18 MAY 2023
South West business activity highest in almost a year, NatWest study finds
NatWest
A survey of bosses across the region suggested input cost pressures were continuing to ease on firms
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Bristol brewery Dawkins Ales halts production amid ‘spiralling’ costs
Food and Drink
The independent microbrewery said its six pubs and bars in the city would remain open
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Aim-listed Time Finance delivers ’milestone’ £1.1m asset lending facility
Finance
The Bath-based firm said the package would be used by a growing engineering firm to take on new contracts and increase its turnover
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Time Finance reports expected results to be ahead of current market expectations
Company Results
The bath-based AIM-listed company said that it had enjoyed 11 months of continued positive trading momentum
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Property services business secures £23.7m in new contracts for the South West of England and South Wales
Professional Services
Liberty has been awarded a new £20m, 10-year contract to provide heating installation, servicing and repairs with its existing customers
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Takeover bid for Yeovil Town Football Club appears to collapse
Business of Sport
It comes days after the team played its last game of the season, following relegation from the National League
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Pub and brewery group Liberation Group says inflated energy, wage and food costs ‘beginning to calm’
Company Results
The Jersey-based parent company of West Country beer and hospitality brand Butcombe has reported an ‘encouraging’ set of financial results
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Hinkley Point C to offer 30,000 training courses to help complete nuclear plant
Employment
The plant’s developer EDF said £5.3bn had been spent so far with South West firms during the project
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National law firm renews partnership with Somerset County Cricket Club
Deals
Clarke Willmott has provided legal advice for the club for over 30 years
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South West asbestos removal business expands with deal for Bristol firm
Deals
Cornwall headquartered Gwella Contracting Services said the move would help it to create jobs and grow its services
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Somerset-based hardware supplier Toolstation increases staff salaries by 9.4%
Employment
Based in Bridgwater, the company supplies tools, accessories and building supplies to over 550 stores
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Mulberry profits remain steady with investment in global brand awareness driving sales
Company Results
The Somerset-based fashion retailer announced its trading update for the financial year ended April 1
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Portishead robotics firm completes £1.8m wire harness project
Technology
North Somerset-based Q5D said its products could help aircraft and car manufacturers be less exposed to supply chain disruption
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Late payments are a worry for three quarters of smaller firms, survey finds
Finance
Around a fifth of SMEs told Bath-based Time Finance that relationships with customers had been damaged by chasing up of money owed
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VisitEngland to reshape tourism in the South West through new partnership
South West
VisitWest hopes to deliver stronger leadership and strategies for the region in order to boost tourism economy
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Inflation pressures easing on South West firms, NatWest study suggests
Economy
A survey of bosses across the region found business activity has continued to grow ‘modestly’
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South West recruitment issues as firms say rising wages drive up prices
Employment
Bristol-based chamber Business West’s survey of more than 300 firms in the region found labour costs were the leading source of inflation
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200 jobs created at South West nursing agency Ocean Healthcare
Employment
Ocean Healthcare provides support to private nursing homes, hospices, hospitals, and residential homes across Devon, Cornwall, and Somerset
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Hinkley Point C offshore works entering ‘final stages’
Engineering
Two huge jack-up vessels have arrived off the coast of the nuclear power station in Somerset to help install a ‘critical’ underwater system
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Screwfix continues to ramp up expansion plan with the opening of 85 new stores by 2024
Retail
It comes after the Somerset DIY brand saved 400 Birmingham jobs after a buyout deal
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Leonardo and Morson Projects extend helicopter engineering deal
Engineering
The Somerset-based defence firm said the agreement would enable it to support engineering projects and secure work across the º£½ÇÊÓÆµ beyond its existing sites
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Tech components firm Gooch and Housego's revenue rises by £16.9m
Company Results
The Somerset-based company said it had passed inflated input costs from its supply chain on to its customers
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Clarks º£½ÇÊÓÆµ managing director steps down from role, exiting the business
Retail & Consumer
The Somerset-headquartered retailer has confirmed that it is looking for a replacement
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Broadband supplier Truespeed boosts Bath network with £6m investment
Technology
The firm employs more than 250 people in the city, where it has its head office and customer service centre
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