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Top story
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Millbay regeneration scheme moves forward
The English Cities Fund (ECf), which is leading the development of Millbay in Plymouth, has submitted a plan to build a mix of houses, apartments and ground floor commercial space on land to the south of Millbay Road, opposite the Cargo building.

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Business
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IoD criticises government’s retirement age shift
The Institute of Directors in the South West has criticised the government’s plan to abolish the default retirement age. It is to be phased out this year, the government has confirmed.

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Macquarie closes Bristol office
Australian bank Macquarie is closing its Bristol branch less than one year after Prince Andrew officially opened the office in a high-profile ceremony.

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IVC wins £1m Exeter University contract
Yeovil-based systems integrator IVC Media has been awarded a £1m contract to design and build audio visual systems for a new site at the University of Exeter Business School.

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Interest rates held despite inflation fears
Interest rates have been kept on hold at its record low rate by the Bank of England at 0.5 per cent despite worries over rising inflation. The Bank also unveiled no new quantitative easing measures.

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Smiths News revenues drop
Swindon-based newspaper and magazine wholesaler Smiths News experienced a revenue slump of 5.5 per cent compared to last year during the end of 2010, it has revealed.

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Property, Regeneration & Public Sector
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Saco opens new London accommodation
Bristol-based serviced apartment company Saco has opened accommodation in Spitalfields and Canary Wharf in London.

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Swindon Edison Park offices on the market
Offices at Edison Park in Swindon are being made available from £10 per sq ft following the appointment of Tim Perkin and Mark Creamer as joint fixed charge receiver.

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People
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Enact Energy expands board
Energy consultancy Enact Energy, based in Cornwall, has appointed two new directors to the board. John Egan joins as executive chairman and becomes the largest shareholder after investing in the company. Steve Mundy joins as finance director.

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