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Top story
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West of England LEP confirms shadow board
The business representation on the shadow board of the West of England Local Enterprise Partnership has been confirmed. Insider understands that Wessex Water chief executive Colin Skellett is set to chair the board alongside five local business leaders.
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Deals
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Green Compliance acquires Phoenix Fire and Safety
Cirencester-based Green Compliance has acquired Surrey-based Phoenix Fire and Safety, which supplies fire extinguishers, fire alarms, signage and emergency lighting along with fire safety risk assessments and training, for £875,000.
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Leafield Environmental sold to private equity firm
Plastic packaging manufacturer Linpac has sold Wiltshire-based agricultural product manufacturer Leafield Environmental for an undisclosed sum.
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Bournemouth Airport owner MAG agrees £280m financing facility
Manchester Airports Group (MAG) – which owns Bournemouth Airport – has agreed a £280m five-year financing facility with seven banks. The new facility replaces an existing three-year package that was due to expire in July 2011.
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M&A slumps in fourth quarter
The number of mergers and acquisitions during Q4 2010 in the South West fell 24 per cent compared to Q4 2009, according to research conducted by information services company Experian.
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Business
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Cadbury's Bristol plant to close in days
US food giant Kraft is set to close Cadbury’s Somerdale plant within days, it has emerged. The factory in Bristol has been making bars of Dairy Milk chocolate since 1919.
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Property, Regeneration & Public Sector
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Bristol Council expects 160 redundancies in coming year
Bristol City Council anticipates making up to 160 redundancies during 2011/12. The council that said about 340 posts will go over the coming year on a phased basis, 180 will be through managing vacancies, redeployment and natural wastage.
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Torbay Council awards Cockington Court contract
Torbay Council has awarded the contract for managing Cockington Court to South West Innovation Centres, part of the economic development company, Torbay Development Agency (TDA) following a formal sealed tender process.
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Events
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Insider panel to debate Torbay's prospects
Insider is bringing together senior figures from the public and private sectors to discuss Torbay’s economy, redevelopment and future prospects.
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People
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Smith & Williamson hires Barnes
Jerry Barnes has joined the Bristol office of accountancy firm Smith & Williamson as director of private client tax.
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