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Thursday 24 November 2011

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Insider News - South West Edition
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Top story

Jobs at risk after British Ceramic Tile deal

One hundred jobs could be axed following the acquisition by Devon-based tile manufacturer British Ceramic Tile (BCT) of Ceramic Prints. A 30-day consultation process is under way as continued weak performance of the UK and export building material sectors will mean both companies, which employ more than 400 staff between them, have to streamline operations.   READ MORE...

 
Deals

Sanlam purchase of Merchant moves a step closer

Sanlam Private Investment Holdings UK's (SPIH) takeover bid of Merchant Securities Group has taken a step forward. The offer by SPIH, a wholly owned subsidiary of Bristol-headquartered Sanlam UK, has now become unconditional as to acceptances.   Read More...

Pure Feed secures six-figure investment

Somerset-based The Pure Feed Company has secured six-figure funding through Horatio Investments.   Read More...

Lloyds makes £12bn loan pledge

Lloyds Banking Group has pledged to lend at least £12bn to small businesses in 2012.   Read More...

 
Property

Sutton Harbour sells more land at airport

Sutton Harbour Holdings has sold the fourth tranche of surplus land at Plymouth Airport for £2.3m.   Read More...

Ecotricity pulls out of Somerset solar farms

Gloucestershire-based Ecotricity has cancelled plans for two solar farms in Somerset as a result of government feed-in tariff (FITs) cuts, the green energy company said.   Read More...

 
Business

Future profits plunge

A sharp reduction in print copy and advertising sales in the US plunged Bath publishing company Future into an £18m pre-tax loss for the year. The business put its hopes in the iPad to boost future performance.   Read More...

Pennon profit tops £100m

Pennon, the parent company of South West Water and Viridor, has increased its pre-tax profit year-on-year by 11.6 per cent to £107.4m for the six months to 30 September 2011.   Read More...

Ultimate Finance Group chief resigns

The chief executive of Bristol-headquartered Ultimate Finance Group has resigned with immediate effect.   Read More...

Mason to speak at Insider breakfast on business growth

Mark Mason, chief executive of Mubaloo, is among the speakers at Insider's breakfast debate next Tuesday (29 November).   Read More...

 

Insider Features

Talking Point: Fuel duty rises would be madness

Talking Point: Fuel duty rises would be madness
Phil McCabe, senior policy adviser for the Forum of Private Business, says it's time for ministers to "get serious" about implementing small business-friendly tax policies.

  Business Matters: Hit for the fences

Business Matters: Hit for the fences
Jim Brown, partner at BDO in Bristol, explains why businesses should "hit for the fences".

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South West Business Manual
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