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Top story
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MPs still want to grill Rosenfeld
MPs are still demanding that Kraft chief executive Irene Rosenfeld appear before a committee to answer tough questions about her company's takeover of Cadbury, Insider has learnt. Adrian Bailey, the chairman of the House of Commons' Business, Innovation and Skills Select Committee, told Insider that parliament should also examine its rules on requiring non-UK nationals to attend its committees. He said the committee wanted to ask about Kraft's decision to close the Somerdale factory in Bristol, which was criticised by the Takeover Panel following pledges to keep it open.
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Deals
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Ridsdale – Plymouth have a good chance
Peter Ridsdale, who is advising Plymouth Argyle FC as the club struggles to stay afloat, told Insider that he believes a buyer prepared to rebuild the cash-strapped club will be found.
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Buyer found for Folio (Bristol)
A buyer has been found for Folio (Bristol). The Brislington-based print finishing company has been sold, along with its assets, to Folio Print Finishing. The deal has secured the employment of 40 staff.
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Universities South West faces 'uncertain future'
Universities South West has confirmed it is set to continue and funding has been secured for 2011/12. But it warned its future is “still somewhat uncertain”.
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Bridgwater charity gets loan for expansion
Bridgwater-based children’s charity Brainwave is expanding with the support of a six-figure loan from Lloyds TSB Commercial.
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Private equity backed companies focus on growth
Private equity (PE) owned companies have continued to grow turnover and staff numbers during the downturn, according to a report and survey published by PwC.
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Business
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Bristol Port wins distribution contract
The Bristol Port Company has won a contract to become the national distribution centre (NDC) for Matthew Clark Wines.
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Mogers launches iPhone app
Bath-based law firm Mogers has launched an iPhone application. It hopes to give users updates on employment and HR related developments, as well as information on the latest changes in employment law.
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Panel to debate Swindon’s prospects
Next week, Insider is holding a panel-and-audience breakfast debate in Swindon, and there are still available places at this free-to-attend event, which takes place on Wednesday 6 April.
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Property
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TeamSport to open Avonmouth leisure attraction
TeamSport is to open a go-kart and laser tag attraction on the site of the old Avonmouth Raceway in Bristol. All former raceway staff, previously made redundant, have been taken on and retrained by TeamSport.
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Other News
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April Fool!
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