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Somerset

Somerset Council warns over bankruptcy without steep council tax rise
Politics
The local authority is already having to slim down its workforce to balance its budget for the 2025/26 financial year
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Bar and restaurant group secures £1.1m to open more sites
Food and Drink
The business was founded in Gloucestershire and Somerset in 2022
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Thatchers wins in Aldi trademark battle over cloudy lemon cider
Law
The Somerset-based cider maker was victorious after taking the supermarket to the Court of Appeal
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Weston-super-Mare's Tropicana lands £2.7m for transformation
Creative & Digital
North Somerset Council will use the funding for the final phase of the development project
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Runway East to open co-working space in Bath
Deals
The flexible workspace provider already operates sites in Bristol
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Autumn Budget and cautious spending hit South West firms
Economy
But bosses are confident of a rise in business activity over the next year
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Yeo Valley doubles profit in a year after demand for one product soars
By City AM
The Somerset-headquartered business has reported a pre-tax profit of £8.1m for the year to 26 May, 2024, according to newly-filed accounts with Companies House
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Hospice charity Dorothy House facing 'critical' financial shortfall
NHS
The South West-based organisation says it has been hit by rising costs including the hike in national insurance contributions
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5 South West companies to watch in 2025
South West
The region is a hotbed of innovation and sectors such as AI, cleantech and robotics are flourishing
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Business trends that will have 'major impact' on West Country in 2025
Economy
There are four themes in particular that businesses should be aware of over the coming year
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Tourism boosts Bristol and Bath region by £2.4bn as international visitor numbers grow
Leisure & Touism
The cities of Bristol and Bath are among the most-visited destinations in the º£½ÇÊÓƵ
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B&Q owner Kingfisher sells off struggling Romanian division in £58m deal
By City AM
The sale of the division, which has 31 stores, is expected to complete in the first half of the next financial year and the value of the deal will be £58 million
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Thatchers vs Aldi: British cider brand seeks to overturn cloudy lemon cider trademark ruling
By City AM
Thatchers is back in court today as it seeks to overturn a ruling in its legal battle with Aldi over the supermarket's cloudy lemon cider
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Somerset gigafactory will be 'catalyst' for attracting major overseas firms to Britain
Somerset
The vast Tata-owned plant is being built near Bridgwater and will manufacture electric vehicle batteries for companies including JLR
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Jolly's department store in Bath facing closure after 200 years
Retail & High Street
The historic store was opened around 1810 and is now part of Mike Ashley's Frasers Group
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Dairy company that sells to Waitrose and Sainsbury's to create jobs after securing £750k
Deals
The Somerset creamery has relocated to a bigger facility and is planning to boost production
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Inspecs shares slump after profit warning
Company Results
The AIM-listed business makes a range of eyewear such as sunglasses, optical frames and lenses
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US fast food chain Wendy's eyes openings in Bath, Plymouth and Exeter
Food and Drink
The Ohio-headquartered brand is looking to increase its footprint in the º£½ÇÊÓƵ
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Nearly half of South West firms have experienced fraud
Crime
Anti-fraud-related expenditure has increased compared to the previous year
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Bath and Bristol tram network 'definitely on the cards'
Transport
It is one of the major campaign pledges of some of the leading candidates to be the next West of England metro mayor
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Wain Homes appoints new managing director for Severn Valley region
Appointments
Nick Moore will be based in Bristol but will oversea the company's operations in Gloucestershire, Somerset, Wiltshire, Oxfordshire and the West Midlands
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Marie Claire and Go Compare owner sees profits dip but returns to revenue growth
Company Results
Bath-based Future Plc said its Growth Acceleration Strategy launched last year has helped it make 'good strategic progress'
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º£½ÇÊÓƵ installs first new nuclear reactor in 30 years at Hinkley Point C
Energy
Hundreds of staff were involved in the operation which saw the unit winched up the side of the reactor building
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Powerful new supercomputer that will 'accelerate understanding' of AI launches
Technology
The GW4 Isambard 3 is hosted at the National Composites Centre on the Bristol and Bath Science Park
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