Smiths News promises to deliver further profit growth

July 14, 2011
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Smiths News  the Swindon-based newspaper, magazine and book distributor, today said it remained on track to deliver annual pre-tax profit growth in line with market forecasts. Group revenues in the 19 weeks to July 9 declined by 2.8% on a like-for-like basis, it said in an interim management statement to shareholders, although sales of...

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Royal reception adds to delight for Queen’s Award winner

July 14, 2011
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queens_award_enterprise_e

Bosses from Hilditch Group, the Malmesbury-based medical equipment auctioneer, will attend a reception at Buckingham Palace this evening to celebrate the firm’s first Queen’s Award for International Trade. Hilditch is the only Wiltshire business to have received an award this year. The firm’s representatives will join other winners of the 2011 Queen’s Awards for...

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Honda turbine plan put on hold again

July 13, 2011
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Honda’s plans to build three wind turbines at its Swindon car plant have been put back for a second time after more than 300 opponents turned up at a council meeting due to decide whether to give them the green light. Swindon Council planning officers had recommended the scheme for approval. But when the...

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Caution advised at property auctions

July 13, 2011
By
david_halfhead

With sales of homes by auction remaining strong, Swindon law firm Lemon&Co is warning of the potential risks of buying a property this way. Anyone planning on acquiring a home at auction must carry out all of their research on it before the event as, once the hammer comes down, there is a legal...

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Renewable energy fund powers up for growth

July 13, 2011
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Repowering Projekt in Dänemark: Siemens modernisiert Windpark für Vattenfall / Repowering project in Denmark: Siemens to build onshore wind farm for Vattenfall

Triodos Renewables – already the most widely-owned renewable energy company in the UK – is raising a further £15m to invest in more green energy projects. The money will be raised through a placing of up to 8,333,400 shares at £1.80 per ordinary share, with a minimum investment of £540. The offer is open...

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Campaign against higher passenger duty backed by Bristol Airport

July 12, 2011
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Campaign against higher passenger duty backed by Bristol Airport

Bristol Airport has joined a national campaign to cut air passenger duty. The UK has the highest flight tax in the world - 8.5 times more than the European average - and Chancellor George Osborne is planning to increase it by twice the rate of inflation in time for next year's summer holidays, according to the campaign....

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Malaysian takeover boosts Synergy Health

July 11, 2011
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Synergy Health, the Swindon-based sterilisation specialist, has boosted its presence in South East Asia with the acquisition from receivers of Malaysian firm Sinagama II Technologies (Sterilgamma). Sterilgamma operates two plants in Malaysia – a gamma sterilisation facility near Kuala Lumpur and an ethlyene oxide facility near Penang. It also has a joint venture relationship...

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Slow growth triggers mixed message for regional economy

July 11, 2011
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Regional private sector growth in activity continued to slow in June, according to the Lloyds TSB South West Business Activity Index.  Having been the strongest-performing UK region at the start of 2011, the South West was one of the weakest at the end of the second quarter. This was led by a near-stagnation of...

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Growth Fund opens South West office to close equity gap

July 5, 2011
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The £2.5bn Business Growth Fund, which will invest in small and medium-sized firms, has opened its South West office with former 3i regional director Paul Oldham at the helm. The Fund, financed by the UK’s clearing banks, will inject between £2m and £10m for minority stakes in companies based in the South West and...

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Jobs promised as Kembrey Wiring is taken over

July 4, 2011
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Swindon aerospace firm Kembrey Wiring Systems is to create jobs as part of an investment by new owners Arundel Aerospace & Defence Systems (AADS). Kembrey, which employs around 180 at its Greenbridge factory, has played a major role in commercial and military aircraft engineering since 1954. Today it makes wiring harnesses and other specialist...

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