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Top story
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Viridor lifts Pennon
Exeter-based waste and water company Pennon has reported pre-tax profit up by 1.5 per cent in the year to 31 March 2011. The group was boosted by its subsidiary Viridor – the company's profits were up 14.2 per cent – while South West Water's profits fell by 0.5 per cent.
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Deals
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Concerns remain for Cadbury, say MPs
American food giant Kraft has been criticised by MPs who say they have "significant concerns" for Cadbury more than a year on from its multimillion-pound takeover takeover.
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Banks launch £50m eco fund
Banking giants NatWest and RBS have unveiled plans to create a £50m renewable energy fund. The cash will be available for businesses looking to install wind turbines and solar panels to enhance their green credentials.
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Banks fail to hit Project Merlin targets
Britain’s five largest banks have failed to meet their small business lending targets agreed with the government as part of the Project Merlin deal.
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Property
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Bristol office market on the up
First quarter office take up in Bristol was up 39 per cent on the same period last year, despite most regional cities failing to match the first quarter averages seen in 2010. That's according to Knight Frank’s latest Regional Market Office Presentation (RMOP).
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Torbay retirement resort on track for completion
A retirement complex in Torbay has entered its final phase of construction. The development is set to open to residents from September 2011.
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City of Bristol College leads UTC bid
City of Bristol College is urging businesses in the South West to back plans for the development of a University Technical College in the region.
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Business
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McMurtry named as Royal Society fellow
Sir David McMurtry, chairman and chief executive of Gloucestershire-based manufacturer Renishaw, has been elected as a fellow of the Royal Society – the UK’s national academy of science.
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Dealmakers awards night heading for sell-out
There now are only three tables of ten still available for Insider’s 2011 South West Dealmakers Awards.
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Community
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Talking Point: The cost of fuel
What impact will the increased petrol prices have on the South West industrial market? Philip Cranstone, surveyor in industrial agency at DTZ in Bristol, shares his thoughts.
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