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Thursday 02 February 2012

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Insider News - South West Edition
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Top story

Aero Stanrew bought in "classic" MBO

Aero Stanrew, the Devon-based supplier of electromagnetic components to the aerospace sector, has been bought by its management for £8.5m. The business employs 170 staff in Barnstaple and its base in Tunisia and counts Rolls-Royce, AgustaWestland, Goodrich, Thales and GE Aviation among its clients.   READ MORE...

 
Deals

Aster merges housing associations

Housing and care services provider Aster Group has amalgamated three of its housing associations to form a single company.   Read More...

Willand Pharmacy bought out of admin

Devon-based Willand Pharmacy, which went into administration in April last year, has been sold to an independent pharmacist.   Read More...

Crowdcube funding site expands

Exeter-based Crowdcube has launched an affiliate scheme offering small business services providers their own crowdsourcing service.   Read More...

 
Business

AstraZeneca to cut 7,300 jobs

Pharmaceuticals giant AstraZeneca, which has two sites in the South West, has announced plans to cut another 7,300 jobs across its operations.   Read More...

£100m bonanza on the way

A £100m-plus package aimed at improving infrastructure and skills and creating jobs has been unveiled by Gloucestershire County Council.   Read More...

Avon Rubber encouraged by order pipeline

Melksham-based Avon Rubber this morning (2 February 2012) said its pipeline of sales opportunities remains strong but the sluggish economic could affect the timing of orders.   Read More...

Career consultancy launched in Devon

A Devon-based entrepreneur has founded a new career management and outplacement business in the county.   Read More...

 
Property

South West LEPs clinch £50m

Almost £50m has been allocated to Local Enterprise Partnerships (LEPs) in the South West to kick-start property projects.   Read More...

Owners plan £1.5m hotel investment

The new owners of The Abbey hotel in Bath are planning to invest £1.5m into the venue over the next three years.   Read More...

 

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Talking Point: Time to create jobs

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