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Top story
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Devon-Somerset LEP bid moves forward
A joint Local Enterprise Partnership bid by Devon and Somerset is expected to move forward quickly in the weeks ahead, Insider has learnt. The revised bid prospectus should be circulated next week to stakeholders in the area, ahead of a formal submission to government within about a month.
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Deals
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SuperGroup acquires European franchise
SuperGroup, owner of the Superdry brand, has acquired its Benelux and France franchise and distribution partner CNC Collections BVBA from Luc Clement. CNC Collections BVBA is the global franchisee of the Superdry brand.
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Property
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Cavanna Homes increase sales
Cavanna Homes has reported a turnover of £27m, representing a 20 per cent increase on the previous year. The results are in contrast with National House-Building Council statistics which show the industry is still in decline.
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Bristol set to lead property revival
Outside of the South East, Bristol, Manchester and Glasgow are the UK cities best placed for a full return to a healthy property market. That’s according to Drivers Jonas Deloitte’s (DJD) “Prospects for the UK 2011” seminar held in Manchester.
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South West construction slumps
Construction in the South West has fallen during the last quarter of 2010 – according to the latest RICS Construction Market Survey. The number of South West surveyors reporting that construction workloads had fallen was up by 18 per cent.
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Business
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Four South West companies make Sunday Times guide
Four companies in the South West have made it onto the Sunday Times Deloitte Buyout track 100. Last year’s guide did not list any South West companies.
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Bmibaby resumes Cornwall-Manchester service
Bmibaby is set to resume flights from Manchester Airport to Newquay Cornwall Airport today. Bmibaby said it has reinstated the route eight weeks earlier than planned due to popular demand.
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Bank split would do damage - CBI chief
The CBI's new director general has warned that breaking up the country's biggest banks could stifle economic growth. John Cridland, who took over the role on Monday (31 January), has today warned the Independent Commission on Banking (ICB) that any such move could hold the sector back from providing support.
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Service sector returns to growth
The services sector returned to growth in January, according to the latest Markit/CIPS Purchasing Managers' Index (PMI) survey. The growth, which comes following December's cold snap, has allayed fears of a 'double-dip recession'.
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Learn about online branding
SBW Advertising is hosting a seminar on online branding in Bristol on 31 March at Bristol Zoo Gardens. Presenting the event will be web consultant Jon Payne from Noisy Little Monkey.
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