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Top story
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No secret formula to Glastonbury success - Eavis
There is no "secret formula" to explain the success of the Glastonbury Festival, its co-organiser Emily Eavis has told Insider. When asked why the event continues to sell out, she answered: "That’s the question that we want to know the answer to." Talking ahead of this year's festivities in June, she said sell-outs of the event - which generate about £30m - are crucial for it to stay in business so finances can break even.
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Deals
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Target CF advises on transatlantic deal
Bath and Bristol-based Target Corporate Finance has advised Snow Valley on its sale to MICROS-Fidelio UK, part of US-based MICROS Systems.
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Alpaca wool processing plant gets RDPE funding
A Dorset businessman is opening an Alpaca wool processing plant after receiving funding from the Rural Development Programme for England (RDPE).
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Government looks to ‘programme bids’ for RGF
Businesses and organisations will be encouraged to submit ‘programme bids’ to the second round of the £1.4bn Regional Growth Fund, the chief secretary to the Treasury has told Insider. Danny Alexander revealed that bids could take the form of a loan fund for small companies in the region.
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Property
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Triodos Bank set to move into WestOne
Ethical bank Triodos is set to move into the WestOne office development in Bristol later in the year. It has acquired 26,500 sq ft over five floors at WestOne, which will become its new UK headquarters.
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Container Team in Weston-super-Mare move
Somerset-based self-storage business Container Team is planning to open a 20,000 sq ft facility in Weston-super-Mare later this month.
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Somerset hotel set for revamp
Bridgwater hotel The Old Vicarage is set for a revamp after the hotel’s new owners decided to open the restaurant up for everyone.
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Business
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Revenue down but profits up at Smiths News
Swindon-based newspaper and magazine wholesaler Smiths News has revealed a fall in revenue for the six months ended 28 February 2011 but profits are up.
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Hanson Formpave appoints new MD
Gloucestershire-based concrete paving manufacturer Hanson Formpave has appointed Matthew Clay as managing director.
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Insider’s Dealmakers Awards head for Bristol
Insider’s Dealmakers Awards is making a welcome return to Bristol this year. Nominations and table bookings are now being taken for the region's premier networking event for South West professionals on 22 June 2011. Sponsors confirmed so far include Ashfords, Burges Salmon, Centric Commercial Finance and Lloyds Banking Group.
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The Top 500 Companies marketing database
Are you looking to source new clients? Insider’s South West Top 500 Companies 2011 database is our accurate and comprehensive business marketing list, providing you with contacts for the region’s biggest companies. Order now, or request a free sample.
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