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The Newquay enterprise zone will be targeting aerospace companies from abroad to invest in the region, Insider has been told. Chris Pomfret, chairman of the Cornwall Local Enterprise Partnership (LEP), said: "Ideally I'd like to see this as part of inward investment into the UK as well as Cornwall and we then can build a centre of excellence of aerospace companies." READ MORE...
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| Deals |
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Outsourcing and energy company Mitie, which is headquartered in Bristol, has spent £14.6m on five businesses that are part of its start-up 'Mitie Model' scheme. Read More...
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The number of mergers and acquisitions in the South West during the half of 2011 has fallen by 37 per cent, compared with the same period in 2010. But the value of deals remains consistent. Read More...
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Private equity firm Riverside is looking to invest in companies in the South West. UK regional director Lars Eriksson spoke to Insider as the firm prepares to launch its first office in the country. Read More...
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| Property |
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Poplar Park, which is in Cabot Park in Bristol, has been sold to City Monument Properties for £4.4m. The deal reflects a net initial yield of seven per cent. Read More...
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The Range, owned by Plymouth-based entrepreneur Chris Dawson, is set to open a second store in Bristol. Read More...
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| Business |
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Employee engagement and succession strategy are looming large as crucial issues for family-owned businesses, particularly in today's challenging economic climate, Insider has been told. Read More...
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The Plymouth branch of discount retailer TJ Hughes is set to close next week (21 August), after the chain's administrators confirmed the closure of a dozen stores. The closure will result in 57 job losses. Read More...
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Ridgeway Community Housing Association has won a care and support services contract with Wiltshire Council. Read More...
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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 this month and receive a 30 per cent discount, or request a free sample now. Read More...
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