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Top story
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Rok hits back at ‘rubbish’ refinancing claims
Exeter-based property repair company Rok has reacted angrily to claims that it has been forced into knee-jerk refinancing discussions with its lenders a little over a month after it issued its second profit warning of the year.
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Property, Regeneration & Public Sector
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Hotel group confirms Exeter airport development
A hotel group has said it will develop a 160-bedroom hotel at a complex being developed at Exeter International Airport.
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Co-op plans for Avonmouth warehouse
The Co-op Group, which expanded its supermarket activities when it purchased Somerfield last year, has set out plans to open a 430,000 sq ft warehouse at Avonmouth by 2012.
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Swindon bingo hall to become music venue
A former Mecca Bingo club in Swindon which closed its doors two years ago is to be converted to a music venue.
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Business
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Cornish robot maker wins Nasa contract
A Cornish robotics firm has won a contract to provide a robot for Nasa’s Cape Kennedy Space Centre in Florida. Engineered Arts, in Penryn, will supply one of its Robothespians to welcome visitors to the centre this autumn. Nasa chose the £79,500 5ft 9in tall robot after seeing it in operation at a trade show.
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Fuel-cell cars ‘could be made in Swindon’
Hydrogen fuel cell-powered Hondas could be built in Swindon one day, sources at the motor manufacturer have said.
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Cobham pays out €37m in arbitration case
Dorset-based Aerospace and defence group Cobham has to make a one-off payment to a commercial customer of €37m before tax as a result of a binding arbitration award from the International Chamber of Commerce.
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Cornwall Wave Hub firm wins £3m in grant funding
The company set to be the first to plug into the new 12-tonne Wave Hub off the coast of Cornwall has won two funding awards worth $4.8m (£3m). New Jersey and Warwick-based Ocean Power Technologies won the two awards from the US Department of Energy.
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Bishop Fleming expands into Wales
Bishop Fleming, the Bristol accountancy firm, has set up a satellite office in Cardiff. Its first Welsh branch will focus on business recovery and corporate finance.
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