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Top story
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Plymouth City Airport to close
Plymouth City Airport will close by December, it has been announced this morning. Owner Sutton Harbour Holdings said it was unable to make the airport financially viable and losses meant it had to shut.
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Deals
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£505m credit boost for Hammerson
Hammerson, the developer behind Bristol's Cabot Circus shopping centre and Gloucester's St Oswald's Retail Park, has secured a £505m five-year revolving credit facility, it said this morning. The business said it was increased from £400m following an over-subscription and will replace existing undrawn facilities of £670m due to expire by 2013.
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Administrations level steady in South West
There has been a slight decrease in the number of administrations in the South West, according to figures from accountancy firm Baker Tilly. Nationally, the number of administrations fell 8.2 per cent in the first three months of 2011 when compared to the same period last year. In the South West, there were 46 administrations - compared to 47 in the first quarter of 2010.
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Property
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Riverford Organic moves into Gloucester business park
Riverford Organic, which specialises in the home delivery of organic food, has opened a warehouse at Waterwells Business Park in Gloucester.
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Tesco Express to open at Mount Wise
Contracts have been exchanged between Tesco to open a convenience store in Mount Wise, a "waterside village" development in Plymouth.
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Summer opening date for Merrywalks Bridge
Stroud’s new Merrywalks Bridge is expected to open by mid-June. The £1.8m project has been set back on numerous occasions but contractors are now hopeful the bridge will be finished in time for the summer.
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Business
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Royal wedding bonanza for Dartington Crystal
A Torrington-based crystal maker is aiming to make "hundreds of thousands of pounds" from tomorrow's royal wedding festivities. Richard Halliday, marketing and design director of Dartington Crystal, told Insider that its commemorative William and Kate glasswear collection has been attracting orders worldwide.
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South West employers urged to beat May tax deadline
Employers in the South West are being urged to file their Employer Annual Returns (P35 and P14s) online by 19 May or they could face a penalty.
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Munson appointed as Dorset IoD chairman
Business boss Warren Munson has been appointed as the new chairman of the Institute of Directors’ (IoD) Dorset branch.
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DTZ surveyor scoops sustainability qualification
A surveyor from the Bristol office of DTZ has scooped a new qualification which aims to help organisations achieve more sustainable office fit-outs.
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Would you like more sales leads?
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 now or request a free sample.
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Community
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Simon Kelly - Breakfast with Anglo reviewed
Anglo Irish Bank, the lender of choice in Dublin's boomtown years, has since been described by one critic as "probably the world’s worst bank". Insider property correspondent Neil Tague reviews Breakfast with Anglo - developer Simon Kelly’s account of how Irish property went up and up and up before crashing to earth with a thud.
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