Property News

New chairman takes up reins at Swindon and Wiltshire LEP with commitment to boost growth

December 5, 2016
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New chairman takes up reins at Swindon and Wiltshire LEP with commitment to boost growth

Investment and growth in the local economy are the top priorities of newly appointed chairman of Swindon and Wiltshire Local Enterprise Partnership (LEP) John Mortimer. John, pictured, also said he would be a champion for the area and wants businesses to get in touch with collaborative ideas to boost productivity. He has been vice-chairman...

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£24m Bristol Airport terminal extension officially opened by Transport Secretary

December 5, 2016
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£24m Bristol Airport terminal extension officially opened by Transport Secretary

Transport Secretary Chris Grayling has officially opened Bristol Airport’s new £24m west terminal extension as the airport prepares to handle more than 8m passengers next year. The extension transforms the security search process for passengers as well as creating an enlarged baggage reclaim area, customs facilities, more retail space and a meet-and-greet area. This...

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£24m Bristol Airport terminal extension to be officially opened today

December 2, 2016
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Bristol Airport’s £24m new west terminal extension is due to be officially opened by Transport Secretary Chris Grayling this afternoon as the airport prepares to handle more than 8m passengers next year. The extension will transform the security search process for passengers as well as creating an enlarged baggage reclaim area, customs facilities, more...

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Autumn Statement 2016: National business reaction

November 23, 2016
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cash

Business organisation the CBI “warmly welcomed” Chancellor Philip Hammond’s commitments to boost research and development, housing and infrastructure. But it said these must be acted on. Director-general Carolyn Fairbairn, pictured below, said: “The Chancellor has prioritised a pragmatic down payment on future productivity growth.  “His emphasis on R&D, housing and local infrastructure will help...

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Autumn Statement 2016: Business West reaction

November 23, 2016
By
cash

Swindon businesses will welcome Chancellor Philip Hammond’s focus on investment in the Autumn Statement, particularly in areas where growth pressures are highest, according to the Swindon & Wiltshire Initiative. Director Ian Larrard, pictured, described the statement as “a sombre, not flashy, affair” which reflected the national mood of economic and business uncertainty. But he...

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Autumn Statement 2016: Main points

November 23, 2016
By
cash

Chancellor Philip Hammond his presented his first Autumn Statement: Here are the main points, as announced: Office for Budget Responsibility says growth this year will be 2.1%, 1.4% next year (down from 2.2%), 1.7% in 2018 (down from 2.1%), 2.1% in 2019/20 (down from 2.1%) and 2% in 2020/21, (down from 2.1%). As expected, the...

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Former Swindon Triumph site to get new lease of life as major distribution park

November 22, 2016
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Former Swindon Triumph site to get new lease of life as major distribution park

The disused former Triumph manufacturing and warehouse site on Swindon’s Groundwell Industrial Estate is to be redeveloped following its acquisition by Howard Tenens, the logistics and property group. Refurbishment work on the 7.2-acre site is due to start shortly as Howard Tenens – one of the UK’s largest privately owned logistics firms – seeks...

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Chancellor urged to ‘pull out all the stops’ in Autumn Statement to boost confidence

November 21, 2016
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Chancellor urged to ‘pull out all the stops’ in Autumn Statement to boost confidence

Swindon business leaders have called on Chancellor Philip Hammond to go all out to boost confidence ahead of Brexit as he prepares to deliver his first Autumn Statement tomorrow. With the economic climate expected to get decidedly chilly next year as the UK works towards leaving the EU, commentators are expecting the Chancellor, pictured, to boost...

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£20m upgrade approved for Bristol Airport’s car parks

November 17, 2016
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£20m upgrade approved for Bristol Airport’s car parks

Bristol Airport is to invest £20m on improving and expanding its car parking after gaining consent for three new schemes. At least 3,500 more spaces will be added to its Silver Zone parking area to cope with the airport’s rapid growth. Passenger numbers are on course to top 7m this year for the first...

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Sale of showpiece office building underlines strength of Swindon market, say property agents

November 4, 2016
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Sale of showpiece office building underlines strength of Swindon market, say property agents

A premium office building in Swindon has been sold in one of the biggest property investment deals in the South West this year. Washington House, which has 26,869 sq ft of office space, has sold for £6.25m by one overseas investor to another who shrugged off Brexit fears to seal the deal. The freehold...

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