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South West

The latest business news from the South West - including Bristol, Bath, Exeter, Plymouth, Gloucestershire, Somerset, Wiltshire, Dorset, Devon and Cornwall.

The region's biggest employers include Airbus, Dyson, Mulberry, Pennon, Rolls-Royce, Ovo Energy, Lush, Superdry, LiveWest, Brittany Ferries and Babcock.

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Amount developer paid for Exeter's fire-ravaged Royal Clarence Hotel revealed
South WestThe Grade II listed Royal Clarence Hotel has been sold by James Brent's company
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New floors to be built on top of 'dated' office block as it becomes aparthotel
South West
Development is being built by the Boyce Group
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'Gridlock' fears over 12-home church conversion with 'woefully inadequate' parking
Economic Development
The Church of St John in Coleford has been on the English Heritage 'at-risk' register since the 1980s
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Bristol baby bank among organisations to receive support from 'fantastic' scheme
Finance
The Bristol Local Access Programme provides finance to minority-led social enterprises
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'Sharp rise' in insolvencies expected in South West as firms grapple with new tariffs and economic uncertainty
South West
'Businesses in the region are unnerved'
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Britain's longest train journey to be scrapped after more than a century
Transport
The CrossCountry service from Aberdeen in Scotland to Penzance in Cornwall has been running since 1921
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Hotel chain named worst by Which? for more than a decade sees profits fall
Hotels
Britannia Hotels owns more than 60 sites across the UK including Liverpool Adelphi and Trecarn Hotel Torquay
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BristolBristol Bus Boycott: Businesses urged to back campaign to bring Martin Luther King III to city
Companies across the city are being encouraged to offer support in the 60th year of the Race Relations Act
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UK economy grows more than expected in February
Economy
The figures come as a surprise boost for Labour and Chancellor Rachel Reeves
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Regional and City Airports appoints new commercial director
Appointments
He will join the executive team and take on responsibility for all commercial activity across the group's airports
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Somerset Council building to be transformed into key worker housing
Housing
The local authority has sold off the property and will use the funds to deliver 'vital' services, it said
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Eyewear firm monitoring Donald Trump's tariffs 'closely' as revenues fall
Company Results
Inspecs manufacturers frames and lenses and only last year opened a factory in Vietnam which has been hit by the changes
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Bristol Hoteliers Association appoints new chair
Appointments
The non-profit organisation is dedicated to promoting the interests of hotels in and around the city
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European windows and doors manufacturer opens Exeter base
Offices
NorDan was founded in Norway nearly 100 years ago and has 12 factories in the UK
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West Country leading UK economic growth alongside London
Economy
It was the top region for business growth last month along with London
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West Devon homes to get £1.6m to improve energy efficiency
Housing
The funding has been awarded to West Devon Borough Council from the government's home upgrade grants scheme
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Chip shop apologises after having to put up price to £15 a portion
Retail & Consumer
Manager Brad-Lee Navruz said the price of fish has gone up 60% in the last three months
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Bristol leading the way in high-growth business success outside London, Barclays Eagle Labs tech report shows
Technology
Universities and business support networks helping to drive GVA growth
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Major step forward for huge floating offshore wind farm projects in the Celtic Sea
Climate Agenda
The Crown Estate has drawn up a shortlist of bidders for its leasing round five with three Welsh ports confirmed as partners to assembly and help deploy the projects
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Rolls-Royce stock plummets 10% amid global trade war fears and new tariffs
By City AM
The FTSE 100 giant is a prominent exporter of aircraft and marine engines and power systems, but is also extensively tied to the global supply chain
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Enterprise

FinanceBristol baby bank among organisations to receive support from 'fantastic' scheme
The Bristol Local Access Programme provides finance to minority-led social enterprises
Bookmark
'Sharp rise' in insolvencies expected in South West as firms grapple with new tariffs and economic uncertainty
South West
'Businesses in the region are unnerved'
Bookmark
Regional and City Airports appoints new commercial director
Appointments
He will join the executive team and take on responsibility for all commercial activity across the group's airports
Bookmark
Major step forward for huge floating offshore wind farm projects in the Celtic Sea
Climate Agenda
The Crown Estate has drawn up a shortlist of bidders for its leasing round five with three Welsh ports confirmed as partners to assembly and help deploy the projects
Bookmark
Bristol printing company becomes employee owned
Bristol
The founder is stepping back and handing the running of the firm over to staff
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Retail & Consumer

TransportBritain's longest train journey to be scrapped after more than a century
The CrossCountry service from Aberdeen in Scotland to Penzance in Cornwall has been running since 1921
Bookmark
Hotel chain Britannia – named worst by Which? for more than a decade – sees profits fall
Hotels
Britannia Hotels owns more than 60 sites across the UK including Liverpool Adelphi and Trecarn Hotel Torquay
Bookmark
Bristol Hoteliers Association appoints new chair
Appointments
The non-profit organisation is dedicated to promoting the interests of hotels in and around the city
Bookmark
Lush to open first ever UK hotel as it passes Trump's tariffs onto US customers
By City AM
Lush has revealed plans for a new UK hotel as it detailed its response to President Donald Trump's tariffs amid the ethical cosmetics retailer sinking further into the red
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B&Q parent firm's CEO sees pay slashed by almost £4m amid profit hit
By City AM
Thierry Garnier, chief executive of Kingfisher, saw his pay drop from nearly £6m in the prior year to almost £2.3m for the 12 months 31 January, 2025
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Professional Services

OfficesAccountancy firm moves to larger offices as it looks to expand
Hazelwoods has offices in Bristol, Gloucestershire and Cardiff and employs 550 people across the region
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Flexible working helps Bristol law firm boost gender equality - and growth
International Women's Day
But the shift didn’t happen overnight. It has taken over a decade of cultural change, according to the business
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The female CEOs leading the way at FTSE 100 and FTSE 250 businesses
International Women's Day
Latest report into stock market giants shows women now occupy 43% of roles on boards
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Dorset accountancy practice snapped up by UK professional services firm
Deals
The acquisition has expanded Xeinadin's presence in the South West of England
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Timber and fencing firm rebrands as owner marks 80 years in business
South West
The company says it is 'business as normal' and that 'nothing has changed' apart from its name
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Tech

TechnologyManchester and Bristol lead the way in high-growth business success outside London, Barclays Eagle Labs tech report showsUniversities and business support networks helping to drive GVA growth
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'Milestone' performance for Bristol tech company despite market challenges
Company Results
AIM-listed education software business Tribal said it had 'significantly' reduced its debt and was driving cash flow generation
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Tech investor backs Bristol AI transparency startup
South West
Tikos wins support from Symvan Capital to tackle 'black box problem'
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German space company opens first UK office in 'major win' for South West aerospace sector
Aerospace
The multimillion-pound investment will create 50 specialist jobs
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Bristol cyber security company Immersive appoints new CEO
Appointments
The company's founder said the transition would allow him to focus on his 'passion of fostering innovation'
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Commercial Property

South WestAmount developer paid for Exeter's fire-ravaged Royal Clarence Hotel revealedThe Grade II listed Royal Clarence Hotel has been sold by James Brent's company
Bookmark
Somerset Council building to be transformed into key worker housing
Housing
The local authority has sold off the property and will use the funds to deliver 'vital' services, it said
Bookmark
European windows and doors manufacturer opens Exeter base
Offices
NorDan was founded in Norway nearly 100 years ago and has 12 factories in the UK
Bookmark
Shopping centre redevelopment may extend to 2030, council reveals as it makes town centre plans
South West
The council purchased the vacant shopping centre on Middle Street in September 2024
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Seneca Property says ‘we have £25m to deploy’ as it acquires Bristol's 200 Aztec West in growth drive
property news
Property CEO says 'We continue to seek further investment opportunities in key business hubs'
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Manufacturing

OfficesEuropean windows and doors manufacturer opens Exeter base
NorDan was founded in Norway nearly 100 years ago and has 12 factories in the UK
Bookmark
Major manufacturer TT Electronics warns US tariffs 'could cast doubt' on trading ability
Technology
Tech specialist with nine UK bases says strong performance in Europe and the UK was offset by slumping demand in the US
Bookmark
Eyewear firm monitoring Donald Trump's tariffs 'closely' as revenues fall
Company Results
Inspecs manufacturers frames and lenses and only last year opened a factory in Vietnam which has been hit by the changes
Bookmark
Rolls-Royce stock plummets 10% amid global trade war fears and new tariffs
By City AM
The FTSE 100 giant is a prominent exporter of aircraft and marine engines and power systems, but is also extensively tied to the global supply chain
Bookmark
60 jobs at Cornwall dairy factory under threat
Food and Drink
Saputo Dairy UK's brands include Cathedral City, Utterly Butterly, Country Life and Clover
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Economic Development

South WestNew floors to be built on top of 'dated' office block as it becomes aparthotelDevelopment is being built by the Boyce Group
Bookmark
'Gridlock' fears over 12-home church conversion with 'woefully inadequate' parking
Economic Development
The Church of St John in Coleford has been on the English Heritage 'at-risk' register since the 1980s
Bookmark
Amount developer paid for Exeter's fire-ravaged Royal Clarence Hotel revealed
South West
The Grade II listed Royal Clarence Hotel has been sold by James Brent's company
Bookmark
Britain's longest train journey to be scrapped after more than a century
Transport
The CrossCountry service from Aberdeen in Scotland to Penzance in Cornwall has been running since 1921
Bookmark
West Devon homes to get £1.6m to improve energy efficiency
Housing
The funding has been awarded to West Devon Borough Council from the government's home upgrade grants scheme
Bookmark

Opinion

PoliticsSpring Statement 2025: 'Business confidence can’t take any more blows'
'The road since 2020 has been an uphill climb of recovery'
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Bristol office market predictions for 2025
Offices
'We need to see more new office development in the pipeline if the city is to continue to be an attractive place to do business'
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2025 is Cornwall’s year to be ambitious, audacious and unapologetically loud
South West
'The idea that Cornwall is merely a quaint backdrop for a Dickensian character needing another handout needs to die'
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Opinion: Keir Starmer's government should ditch pernicious business rates to regenerate town centres
Retail & High Street
'Town centre shops need to feel the welcome hand of government support'
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The huge economic potential of floating wind farms in the Celtic Sea
Climate Agenda
Managing director, marine, for The Crown Estate, Gus Jaspert, on harnessing growth from new floating wind farms in the Celtic Sea.
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