Today's South West business news from Insider |
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South West
Thursday 13 August 2020

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“Challenging” year at Renishaw

Revenue and pre-tax profits have slumped at Wotton-under-Edge-based Renishaw as a result of delays caused by Covid-19. The group's executive chairman described it as a "challenging" year.
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Insider Feature
Feature 1

Ask the expert: Is your IT set-up holding you back?

Paul Anslow, managing director at Triangle Networks, asks can you honestly say that your business is operating at its maximum potential now? Because the truth is it’s probably not.
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Deals

PVG to buy pet healthcare plan business

Premier Veterinary Group (PVG) has entered into an agreement to buy The Animal Healthcare Company Ltd, the pet healthcare plan business of Simplyhealth Group, in a deal worth £6.6m.
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OakNorth secures additional CBILS allocation

OakNorth Bank has received an additional Coronavirus Business Interruption Loan Scheme (CBILS) allocation from the British Business Bank.
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Business

Tribal Group eyes future growth after revenue dip

Tribal Group, a provider of software to the international education market, has reported a dip in revenue for the first half of its latest financial year, with the company's chief executive "excited" about longer-term growth opportunities.
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NFU surges back into the black

The National Farmers' Union (NFU) surged back into the black and increased its total funds under management during its latest financial year.
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Losses of £122m for National Express as Covid-19 bites

National Express fell to a pre-tax loss of more than £122m during the first half of 2020 due to the Covid-19 pandemic.
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Revenue rise eyed by listed luxury watch retailer

A listed luxury watch retail group has said its revenue could rise as high as £860m during its current financial year as long as there are no more Covid-19 lockdowns in the UK, US and Switzerland.
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Property

Sweet Construct reaches practical completion on industrial scheme

Bristol-based contractor Sweet Construct has achieved practical completion two weeks ahead of schedule for a new build industrial warehouse at Royal Portbury Dock.
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Lease agreed on new battery storage facility site

A lease has been completed for the site of a major new battery storage facility in Avonmouth, near Bristol.
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Manufacturing

Artisan gin maker eyes further growth after surge in online sales

A Thornbury-based artisan gin maker is eyeing further growth after reporting an 800 per cent increase in online sales.
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Member Exclusive News

“Resilient” half-year at Spirax Sarco

The chief executive of Cheltenham-headquartered engineering company Spirax-Sarco has hailed his team after the group reported "resilient" half-year results.
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Service launched to support growth of small businesses

A new support service has been launched to help with the growth of small businesses in South Bristol.
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