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Top story
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Bristol enterprise zone candidates revealed
Temple Meads and Severnside, near Avonmouth, are being considered as possible locations for Bristol's enterprise zone, it has emerged. Colin Skellett, chief executive of the West of England LEP, told Insider: “We had to put two potential sites to government at very short notice and Severnside and Temple were the two that were picked out.”
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Deals
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Lovehoney acquires BeCheeky website
Bath-based online adult retailer Lovehoney has relaunched lingerie website BeCheeky.com a week after buying the site out of liquidation.
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G4S buys The Cotswold Group
Gloucester-based The Cotswold Group has been sold to G4S Managed Services.
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Businesses learn to live without credit
Demand among entrepreneurs for external finance for their businesses fell during the recession, with more than 80 per cent not needing finance or choosing to self-finance instead. That's according to new research from Delta Economics.
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Property
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Construction starts at Bath Western Riverside
Houses are now being built on the 44-acre Bath Western Riverside site following more than 25 years of dereliction. Developer Crest Nicholson has advanced work on the £400m regeneration scheme.
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Clifton office building sold for £2.7m
Grosvenor House, a multi-let office building on Whiteladies Road in Clifton, has been sold to by Bristol-based Ashfield Land to a private purchaser. The deal was for just under £2.7m, reflecting a net initial yield of 8 per cent.
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Southern Cross changes rent structure
Southern Cross, which runs 29 care homes in the South West, has informed the landlords of one-third of its homes that in future it will pay rent monthly in advance, rather than quarterly. The move is expected to save up to £10m.
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Business
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Profits up at smartFOCUS
Bristol-based smartFOCUS Group, the multi-channel marketing software provider, has revealed that revenue and profits were up for the year ended 31 December 2010.
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Factor 3 in Brussels paper contract
Cheltenham-based creative and marketing agency Factor 3 has won a contract with Brussels-based International Paper. The agency has been tasked with raising the profile of the paper manufacturer’s 'Pro-Design' colour copier paper brand.
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King of Shaves to address business leaders
Will King, the entrepreneur behind the King of Shaves brand, will address business leaders at the IoD South West Evening With Entrepreneurs. The event will be held in Bristol's Marriott Royal Hotel on 9 June.
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