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Top story
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Challenging economy ‘needs strong action from business’
Companies should not be afraid of investing to make real cost-savings in the medium term, despite the economic wobbles in the UK and globally. At an Insider round table debate held in Bristol, participants from a dozen businesses in the South West considered how to manage and reduce costs. The need to take decisive action and invest in greater systems efficiency emerged as the most popular means of tackling the tough economic climate.

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Deals
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MPs criticise Rosenfeld over no-show
MPs have criticised Kraft’s chief executive Irene Rosenfeld for refusing to answer questions over promises her business made over the future of the Somerdale factory at Keynsham during the company's takeover of Cadbury.

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Watts Tyres deal approved by OFT
The Office of Fair Trading has approved the acquisition of Gloucestershire-based Watts Tyres by Swedish group Trelleborg. The industrial tyre maker was sold to the Swedish group in November 2010 for £21.6m and the deal has now been formally approved.

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The money is out there – James Caan
Former Dragons' Den star James Caan has told Insider small businesses are the lifeblood of the UK economy and finance is available for well-prepared entrepreneurs.

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Property
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Regen fuels demand for Avonmouth offices
Avonmouth is attracting attention from companies looking for suitable bases in the area after a number of alternative energy suppliers opened within the area, according to Colliers International.

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Roomzzz Aparthotel expands into Bristol
Hotel brand Roomzzz Aparthotel is expanding into Bristol. The hotel is expected to open in the city centre later this year.

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Extra office space for Torbay
A scheme to provide 'innovation centres' for South West businesses to start up and grow is expanding, the Torbay Development Agency (TDA) has announced.

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Business
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Insider panel to debate Exeter's prospects
Insider is bringing together senior figures from the public and private sectors at a panel event to discuss Exeter's economy, redevelopment and future prospects.

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Council challenges government on business waste collection
Bristol City Council has challenged the government to allow it to collect business waste alongside residential rubbish in a drive to save money.

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Cricketer Farm gets new MD
Somerset-based cheesemaker Cricketer Farm has announced the appointment of Greg Parsons as managing director. Parsons will be leaving his current position as commercial director of Ashley Chase to join Cricketer.

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