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Top story
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Job losses will 'hit us hard' - chamber boss
The closure of Robert Wiseman Dairies in Okehampton will have a “devastating effect on the area”, Insider has been told. Ian Bailey, chairman of Okehampton and District Chamber of Trade, said the job losses will have the equivalent effect on the town as a city the size of Plymouth losing 7,000 jobs.
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Deals
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Plymouth Argyle enter administration
Plymouth Argyle have entered administration. According to Argyle, a bidder who can provide ongoing funding needs to be identified by 17 March.
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Bristol Cars searches for new owner
Administrators are continuing their hunt for a buyer for luxury car manufacturer Bristol Cars, Insider has been told. Tom MacLennan and Trevor Binyon, directors at RSM Tenon Recovery, were appointed as joint administrators of the company last week.
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Chancellor announces £50m funding package during Bristol visit
During a trip to Bristol, George Osborne announced that bidding for £50m of funding for a superfast broadband roll-out, is now open. Local authorities will be able to apply to Broadband Delivery UK (BDUK) for funding to improve broadband in their area.
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£775m research funding unveiled
A total of £775m is to be made available for research to help boost the NHS, the government has announced today (7 March 2011). The funding, to be made available over five years, aims to "secure the UK as a world leader in life sciences".
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Property
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Torbay reveals regen partners
Torbay Development Agency (TDA) has confirmed that Sir Robert McAlpine and Deeley Freed are the preferred bidders for the new joint venture with Torbay Council to deliver major regeneration in Torbay.
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Exeter land owners could cash in
Landowners with development sites in Exeter could be set to cash in after a 3,000-home shortfall was revealed in a strategy document.
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Pale Blue Clothing makes property acquisition
Jane Brake, owner of Pale Blue Clothing, has secured funding from Lloyds TSB Commercial to purchase business premises on Hill Road in Clevedon. The businesswoman now plans to develop her women’s clothing company.
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Business
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Hammond disappointed by number of transport bids
The number of bids submitted to the government’s £1.4bn Regional Growth Fund (RGF) for transport projects has been “disappointing”, transport secretary Philip Hammond has told Insider.
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Other News
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Insider panel to debate Exeter's prospects
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Cities gear up for MIPIM
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The Chinese economy is set to overtake the US as the world's largest within the next 15 years - but how can the UK compete? Sam Metcalf investigates.
