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Somerset

Catering giant Compass acquires Weston hospitality procurement firm
Deals
North Somerset’s Regency Purchasing Group, which sources products, services and supplies for more than 3,500 leisure and hospitality businesses across the º£½ÇÊÓƵ, has been purchased by Compass subsidiary Foodbuy
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South West timber merchant Norclad acquired by national group
Deals
The North Somerset-based business has supplied residential and commercial customers for more than 40 years
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South West tech companies to watch in 2023
Technology
The region - dubbed Silicon Gorge in recent years - has firmly established itself as a powerhouse for tech
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South West companies confident of success in 2023 despite º£½ÇÊÓƵ's recession woes
South West
Businesses are planning to invest, grow turnover and retain staff, according to the latest Lloyds Bank Business Barometer
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The South West companies to watch in 2023
South West
As we head into the new year, we take a look at 11 businesses from the region we think are worth keeping an eye on over the next 12 months
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The South West's 10 biggest business stories of 2022
South West
From companies going bust to the best places to live in the region, we take a look at the most-read stories of the year
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Leonardo lands major helicopter deal with Canadian government
Deals
The defence giant said the contract was secured through its º£½ÇÊÓƵ helicopter business based in Somerset
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Crest Nicholson appoints new managing director for South West as it targets growth
property news
The housebuilder is planning to expand its portfolio of developments across the region
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South West bosses to target growth in 2023 as business confidence returns
Economy
Companies in the region are hopeful for success next year despite concerns remaining around inflation and the recession
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British Business Bank appoints South West senior manager
Appointments
The news comes ahead of the launch of a £200m investment fund by the bank in 2023
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Somerset horse feed company sold out of administration, saving jobs
Insolvency and Administration
The business fell into difficulty following the rise in price of raw materials and a shortage of supplies caused by the war in Ukraine
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Closure of HSBC branches in Somerset described as 'devastating blow'
HSBC
The Frome site is being shut in the year of its centenary
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First Hinkley Point C nuclear reactor complete for Somerset plant
Engineering
French energy giant EDF said it is the first to be built for a British power station in more than 30 years
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AIM-listed Time Finance reports 'all-time high' lending book
Company Results
The Bath-based company posted increased revenue and profit for the first half of the financial year
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Inflation, tax and hiring challenges causing concern for South West firms
Economy
Businesses across the region have faced a 'very tough year', according to chamber of commerce Business West
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GWR and West Midlands Trains announce fresh rail strikes after Christmas
Transport
Workers are planning to walk out in a long-running dispute over pay and conditions
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Pennon opens second share scheme to Bristol Water customers
Finance
The FTSE-250 firm first launched the initiative in 2020 and has now extended it to households in Bristol
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Law firm Clarke Willmott appoints new head of office in Somerset
Appointments
Kirill Bingham will lead the group's second-largest office across its national operations
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'World's largest crane' lifts final ring at Hinkley Point C
Energy
The super crane has been dubbed 'Big Carl' and is being used to help construct the Somerset-based power plant
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'Intense' energy and staff costs as South West firms output falls
Economy
The drop in business activity was linked to a weak economic climate, rising prices and cuts to spending, according to NatWest
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Keepmoat Homes starts work on new neighbourhood in Cheddar
Housing
The development will be gas free and will also include a play park and wildlife zone
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Packaging firm near Bristol acquired by larger South West group
Deals
Surepack in South Gloucestershire has been bought by Somerset-based Wessex Packaging
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Bath University opens new enterprise lab for start-ups
Education
The venue will be a space for student entrepreneurs, researchers and graduate start-ups to develop their business ideas
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Opinion: 'Avoid working from home to protect your job as recession looms'
Economy
"Making you redundant and employing overseas labour instead will become an obvious option"
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