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Somerset

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£½ÇÊÓƵ 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£½ÇÊÓƵ 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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Mogers Drewett completes acquisition of Bath-based Freemans Solicitors
Deals
The South West legal and financial planning firm intends to grow its market share with this acquisition
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Three new restaurants in South West region honoured in 2023 Michelin Guide
Restaurants
The Àclèaf in Plymouth and Lumiere in Cheltenham were both added to the annual list
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Somerset leather goods firm Pittards looks to raise £255,000 as it struggles to ease credit issues
Retail
Yeovil-based leather goods producer saw its shares plummet 39% to 23p each last week
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South West firms win multi-million pound lots on £4.5bn construction framework
Construction
Five companies with headquarters in the regions have secured a spot on the fifth generation of the Southern Construction Framework
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Screwfix grows with new º£½ÇÊÓƵ and France stores - and confirms wholesale deal that saves 400 jobs
Retail
It comes as the Somerset DIY brand’s parent firm Kingfisher reported profits had dropped by a fifth, with a further dip expected
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Cheese producer Wyke Farms opens new £10m butter dairy
Food and Drink
The Somerset-based business said the new facility would help it to produce products for its growing export markets
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South West business Budget predictions and wish lists ahead of Chancellor Jeremy Hunt’s speech
The Budget
You can keep up to date with all the latest news from the Budget via our live blog which you can find on BusinessLive's home page
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Service to attract South West nuclear investment extended for extra year
Deals
The South West Manufacturing Advisory Service said the scheme had helped bring five investments into the region and create more than 550 local jobs in the past year
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‘Positive picture’ for South West firms as confidence hits one-year high
Economy
A NatWest survey of bosses across the region reported rising output, sales and employment
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PwC finds South West now second best place in the º£½ÇÊÓƵ for women in the workplace
International Women's Day
The region had been ranked as the best place in the country for women to work by the accounting firm for three consecutive years
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Aim-listed Time Finance raises profit forecast amid positive trading and 'significant increases' in its lending book
Company Results
The Bath-based company reported ‘significant increases’ in its lending book and revenues during the third quarter
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Networking group for working mums expands with five South West hubs
International Women's Day
Freelance Mum was founded by former BBC Radio Bristol presenter Faye Dicker
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2023 FSB South West Small Business Awards winners revealed
SMEs
Women’s urinal creators Peequal and the Devon Seaweed Company were among the firms to home prizes on the night
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South West firms secured almost half a billion in VC funding in 2022
Finance
A KPMG report found almost half of the businesses in the region that secured investment were based in Bristol
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Broadband supplier Truespeed appoints former IT boss at BT
Appointments
The Bath-based firm said Robert Purdy would spearhead ‘the transformation’ of its internal systems’
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Yeovil Town has new owners after SU Glovers takes ‘stewardship’ of football club
Business of Sport
The group lists the son and former wife of Canadian businessman Lance Uggla as directors
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First Hinkley Point C nuclear reactor arrives on site in Somerset
Construction
The plant’s developer, French energy giant EDF, said the delivery marked a ‘significant milestone’ for one of Europe’s largest construction projects
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South West to be º£½ÇÊÓƵ’s third-fastest growing region, EY report finds
Economy
Research from the financial services giant has forecast two South West cities will be among the º£½ÇÊÓƵ’s top cities for employment growth between 2024-26
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Tech components firm Gooch and Housego expects inflation to hit profits
Engineering
The Somerset-based manufacturer said it had made 'steady' progress in reducing lead times after increasing production capacity
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Cost of Hinkley Point C nuclear plant could inflate to more than £30bn
Construction
The plant’s developer, French energy giant EDF, updated investors amid rising prices for building materials and labour
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