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Top story
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South West is magnet for Hollywood
The South West is becoming a popular filming location for Hollywood blockbusters because “it’s blessed with a variety of locations”, Chris Moll, executive producer at South West Screen told Insider. And the region is being thrust into the limelight on Sunday, with six films connected with the South West going up for Oscars.
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Deals
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Mid-market drives South West M&A recovery
Five private equity-backed buyouts valued between £50m and £150m boosted the South West M&A market in 2010. That's despite no deals completing in the range during 2008 or 2009, according to the UK Mid-Market Barometer report published by private equity firm LDC.
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Old Mill acquires Perks Simm
West Country-based accounting and financial planning practice Old Mill is to merge with Dorchester accountancy practice Perks Simm from 1 April.
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Property
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Sainsbury’s store plans set for red light
Sainsbury’s controversial Ashton Gate store is likely to be declined planning permission next week after officers recommended its refusal in a Bristol City Council planning report.
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Business
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Financial hit on Bristol ‘unfair’, says Janke on cuts
Bristol City Council has agreed to make £28m of savings – that’s about 7 per cent of its budget – in the next financial year. About 340 posts will go and council tax will be frozen, it was decided.
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Profits remain static at Swallowfield
Wellington-based Swallowfield has revealed that overall profits have remained static at £500,000 during the first half of the financial year. The company said the performance is in line with the current economic climate.
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Lush continues to expand
Poole-based handmade cosmetics company Lush is increasing its retail presence by opening a new branch in Sunderland.
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Cobham wins Boeing contract
Dorset-based aerospace and defence group Cobham has signed a contract with Boeing to supply air refuelling systems. They will be used for US air force tanker aircraft, the company said.
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Paul Oldham leaves LDC
LDC, the mid-market private equity arm of Lloyds Banking Group, has announced that its Bristol office director Paul Oldham is leaving the company after three years.
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The Top 500 Companies marketing database
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.
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