Region firmly on path to growth say business leaders despite unemployment inching up again

September 17, 2014
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Region firmly on path to growth say business leaders despite unemployment inching up again

Unemployment has edged back up again in the South West, new figures show, but business leaders say the recovery is firmly on track and firms are planning to recruit more workers. Latest figures from the Office for National Statistics (ONS) for the period from May to July show unemployment rose marginally in the region...

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Canadian firm takes control of Bristol Airport after it buys out co-owner

September 17, 2014
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Canadian firm takes control of Bristol Airport after it buys out co-owner

Bristol Airport has a new owner following a deal announced this week in which a Canadian pension fund bought out the airport’s Australian co-shareholder. Ontario Teachers’ Pension Plan, which already held a 50% stake in the airport, acquired the remaining 50% from Australian asset manager Macquarie Group. The airport, the UK’s ninth busiest, is...

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SciSys lands Mars rover software contract worth €2m

September 16, 2014
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SciSys lands Mars rover software contract worth €2m

IT innovator SciSys has secured a €2m (£1.59m) order to develop software for the next Mars rover as part of the European Space Agency’s 2018 mission to the red planet. The Chippenham-based firm, which has its roots in the space industry, will work on the vehicle visual localisation flight software (VISLOC) responsible for self-localising...

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Swindon’s property market to go under the spotlight at seminar

September 16, 2014
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Swindon’s property market to go under the spotlight at seminar

Development opportunities in the residential and commercial property markets in and around Swindon will be highlighted at a seminar to be staged in the town next month. The free event is being held by Barclays with Withy King Solicitors, planning and development consultancy DPDS Consulting Group and accountants Morris Owen and will be suitable...

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QC who led HM Revenue’s case against celebrity tax dodgers to become circuit judge in Swindon

September 15, 2014
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QC who led HM Revenue’s case against celebrity tax dodgers to become circuit judge in Swindon

Peter Blair, the QC who helped bring tax-avoiding celebrities such as Gary Barlow to book, has been appointed by the Queen as a circuit judge covering Swindon. Mr Blair, pictured, the head of Guildhall Chambers in Bristol for the past eight years, will try civil and criminal cases at the town's law courts from...

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Ahead of the Agenda: The Week Ahead

September 14, 2014
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Monday 15 September Interims: Bond International Software, MP Evans, Quixant, SimiGon, Sphere Medical, Telit Communications Finals: Avanti Communications, Monitise, Mysale Group AGMs: Fastnet Oil & Gas, Rockhopper Exploration EGM: Action Hotels Economics: Rightmove house prices Tuesday 16 September Interims: Christie Group, IQE, Lidco, Porta Communications, Silence Therapeutics, TLA Worldwide Finals: Craneware, Galliford Try, Pan...

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Half-year profits tumble on lower sales at Swindon tech group Stilo

September 12, 2014
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Half-year profits tumble on lower sales at Swindon tech group Stilo

Shares in Swindon-based tech group Stilo International continued to fall today as investors reacted to interim results revealing a sharp decline in profits. The Windmill Hill-based group, which provides content processing technology and cloud content conversion to major tech firms, reported a 46% decrease in pre-tax profits to £39,000 for the six months to...

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Swindon BMW plant praised for helping Mini clock up two major milestones

September 12, 2014
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Swindon BMW plant praised for helping Mini clock up two major milestones

The Mini success story – in which Swindon has played a key role – continued this week as BMW announced the production of its three millionth car and its two millionth for export. The iconic car was relaunched in 2001 by BMW and has since become one of the most popular brands in the...

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Upbeat Cambria signals more growth as new car market continues to recover

September 12, 2014
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Upbeat Cambria signals more growth as new car market continues to recover

Swindon-based franchised motor retailer Cambria expects its growth to accelerate this year as sales in its new showrooms shift up a gear. The firm, which operates 28 dealerships, representing 45 franchises and 18 brands, across the UK said it expects its financial results for the year ended August 31 to be ahead of current...

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UTC goes back to the future for next year’s intake by embracing Swindon’s heritage and innovation

September 12, 2014
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UTC Swindon, the university technical college that opened this week, launches its student recruitment campaign for next year this weekend by highlighting the town’s industrial heritage and showcasing one of its modern, innovative businesses. Joining the UTC’s stand at the Swindon Railway Festival at STEAM will be Stuart Holland, director of Thermographic Consultancy, the...

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