People & Jobs - Job Gains / Losses |
| Gain | Loss | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
|---|
| | 07 Feb 2012 | £95m costs to be cut - 770 worldwide Jobs Lost - Profits down to £537m | Smith & Nephew, which employs 11,000 people worldwide including 1,200 in the UK, is to save £95m in costs over the next two years by cutting around 770 administrative jobs. | Smith & Nephew PLC | £2,467m | £573m | 10,172 | 5 |
| | 06 Feb 2012 | £900k investment - new site acquired - business expansion strategy | Petrol forecourt equipment distributor Berry's Technologies Ltd has bought a 20,000 sq ft site in Aston, Birmingham for £900,000. The site, which is close to the M5 and M6, will allow the company to expand, potentially creating new jobs. | Berrys Technologies Limited | £0.0m | £0.0m | 0 | 1 |
| | 07 Feb 2012 | £74m NHS contract secured - potential new jobs | Atos Origin UK Holdings Ltd has secured a £74m, five-year contract to provide IT services to the Department of Health. Atos Origin will help to reduce costs in the NHS and provide the necessary ICT for planned NHS reforms. The contract has the potential to create new jobs. | Atos Origin Uk Holdings Limited | £0.0m | £0.0m | 0 | 1 |
| | 06 Feb 2012 | £6m campus redevelopment - £2m government funding secured - potential new jobs | Shrewsbury College of Arts & Technology has secured £2m government funding towards the £6m redevelopment of its main campus. The expansion will provide improved services for students and additional classrooms, potentially creating new jobs. | Shrewsbury College of Arts & Technology | £0.0m | £0.0m | 0 | 1 |
| | 07 Feb 2012 | £63m BP contract secured - 100 jobs secured | Offshore engineering group Subsea 7 has secured a £63m contract with BP for work on a major project off the Shetland Islands. The contract will secure the future of 100 jobs in Wick. Subsea 7, a £59.6m turnover company with a 5,500-strong global workforce, has previously worked with BP on similar contracts. | Subsea 7 Limited | £597m | £96m | 0 | 1 |
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People & Jobs - Management Moves |
| Gain | Loss | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
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| | 06 Feb 2012 | Wohler Appoints Newbury As Senior Sales Executive | Wohler Technologies have announced the appointment of Craig Newbury to the position of senior sales executive, EMEA. | | | | | |
| 1 | 06 Feb 2012 | Top marketer leaves - Review of marketing structure | Travelodge top UK marketer Charlie Herbert has left after three years in his current position, prompting a review of the budget chain's marketing structure. No decision has yet been taken on replacing him. | Travelodge Hotels Ltd | £332m | £3m | 3,395 | 400 |
| | 06 Feb 2012 | The Works reveals new chief executive and strong Christmas performance | Discount bookseller The Works has revealed a strong Christmas trading update as its great value and exciting products attracted customers. | | | | | |
| | 05 Feb 2012 | Shropshire hospital trust appoints director of nursing | Robert Jones and Agnes Hunt Orthopaedic Hospital NHS Foundation Trust has appointed Jayne Downey as its director of nursing and governance. | | | | | |
| 1 | | 07 Feb 2012 | Risk assurance head appointed | PwC has appointed Helen Nixseaman as the new head of its risk assurance practice in the Midlands. She has more then 20 years experience in risk assurance and joined the Midlands team in 2011. Mark Smith is regional chairman of PwC in the Midlands. | Pwc Insurance Brokers Ltd | £0.0m | £0.0m | 0 | 1 |
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Headquarters & Premises - Office Premises |
| Gain | Loss | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
|---|
| 1 | | 06 Feb 2012 | £4m investment - new data centre - potential new jobs | As part of its expansion in north-west England, Zen Internet has appointed Sudlows to build a £4m, 14,531 sq ft data centre in Rochdale. Zen Internet is experiencing increasing demand for capacity in the region. It is expected that the company's ongoing expansion will create employment opportunities. | Zen Internet Limited | £40m | £1m | 371 | 2 |
| | 06 Feb 2012 | £10.5m office development - Buoyant work pipeline. | Mitie has won the contract to develop a £10.5m office at Clerkenwell Green, London, for Derwent London. A 7,500m2 office will be redeveloped. Mitie has reported a buoyant work pipeline. | MITIE Group Plc | £1,891m | £90m | 8,000 | 91 |
| 1 | | 08 Feb 2012 | Sustained business growth - larger premises | Falkirk-based Fulcrum Insured Employee Benefits Limited has grown each year since its launch in January 2008. It has gained new business during the recession due to its ability to deliver cost efficiencies of up to 40%. The company has moved to larger office premises and expanded its team to four. | Fulcrum Insured Employee Benefits Limited | £0.0m | £0.0m | 0 | 1 |
| | 06 Feb 2012 | Romans moving home | AN ESTATE agents is building a new office during its 25th anniversary year. | | | | | |
| 2 | | 08 Feb 2012 | Regional expansion strategy - creating jobs | Energy management consultancy Orchard Energy is expanding into the Midlands and South East. By February 2012 it plans to have teams in place in Redhill, Surrey; and Northampton; and is also creating new jobs at its head office in West Yorkshire. The expansion follows strong UK growth. | ORCHARD ENERGY LIMITED | £0.0m | £0.0m | 0 | 1 |
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Headquarters & Premises - Industrial Premises |
| Gain | Loss | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
|---|
| 1 | | 06 Feb 2012 | £900k investment - new site acquired - business expansion strategy | Petrol forecourt equipment distributor Berry's Technologies Ltd has bought a 20,000 sq ft site in Aston, Birmingham for £900,000. The site, which is close to the M5 and M6, will allow the company to expand, potentially creating new jobs. | Berrys Technologies Limited | £0.0m | £0.0m | 0 | 1 |
| 10 | | 08 Feb 2012 | £40m expansion plan - 10 New Farms - 100 New Jobs - 5 Year Plan | The Scottish Salmon Company, a fish producer based in Edinburgh, is investing £40m and plans to open 10 farms along Scotlands west coat creating 100 jobs over the next five years. In the past two years, the company has more than doubled staff numbers from 160 to 380 and invested £30m in refurbishing its Marybank processing facility, acquiring West Minch Salmon, developing sites and upgrading existing farms. Stewart McLelland is Chief Executive. | The Scottish Salmon Company Ltd | £0.0m | £0.0m | 0 | 1 |
| | 06 Feb 2012 | £25m modernisation scheme - Sheffield Mail Centre extension | Royal Mail has begun a £25 million modernisation scheme in South Yorkshire. It includes an extension to Sheffield Mail Centre to house the latest automation equipment and a state-of-the-art fleet of vehicles after a decision to transfer processing work to Sheffield from Doncaster and Hull. 800 people will be based at the site. Alison Wright is north east regional director. | Royal Mail Holdings PLC | £9,156m | £-49.0m | 180,000 | 3,078 |
| 1 | | 06 Feb 2012 | £20m recycling plant opened - 70 new jobs | Avondale Environmental Ltd has opened a £20m re-cycling plant at Polmont, near Falkirk, which will create 70 jobs and process 200,000 tonnes of waste a year when fully operational. The company plans to increase recycling capacity in the future and create a thermal drying facility. | Avondale Environmental Limited | £37m | £11m | 28 | 2 |
| | 07 Feb 2012 | £15m factory extension - 12 jobs created - £1m loan | Eco Plastics is creating 12 new jobs after receiving a £1.15m loan from a Government-backed initiative. The company is building a £15m expansion to its plastics recycling plant near Gainsborough, Lincolnshire. Jonathan Short is managing director. | Eco Plastics Limited | £13m | £-1.6m | 106 | 3 |
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Headquarters & Premises - Retail Premises |
| Gain | Loss | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
|---|
| 1 | | 06 Feb 2012 | £3m investment - new building supplies outlet | Thorncliffe Building Supplies Ltd has invested £3m in new premises at Ewloe Barn Industrial Estate in Flintshire. The new site gives the company access to customers in north Wales and north-west England. Thorncliffe's ongoing expansion strategy has the potential to create jobs. | Thorncliffe Building Supplies Limited | £11m | £0.7m | 92 | 2 |
| 6 | | 06 Feb 2012 | £30,000 funding secured - 32 new jobs - opening 25th store | Parsons Bakery Ltd has secured £30,000 funding from the government's Regional Growth Fund. It is opening a new store in Chippenham, Wiltshire, its 25th outlet, and plans to expand its chain to 30 stores by the end of 2012. The expansion will create up to 16 full-time and 16 part-time jobs. | Parsons Bakery Limited | £0.0m | £0.0m | 0 | 1 |
| 1 | | 08 Feb 2012 | £20m Morrisons contract secured - potential new jobs | Interior Services Group Plc has secured a contract with retailer Morrisons to build a £20m store in Teignmouth, South Devon. It is anticipated that a significant number of job will be created as a result of the contract. In the year to June 2011, Interior Services Group recorded turnover of £1.19bn and employed 2,527 staff. | Interior Services Group PLC | £1,196m | £9m | 2,527 | 1 |
| 1 | | 08 Feb 2012 | £1.7m refurbishment completed - Spark Studio opens - potential new jobs | Symphony Housing Group's Contour Homes division has completed the £1.7m refurbishment of Spark Studio in Salford, providing housing and commercial properties. The refurbishment is a key element in the housing group's strategy to support employment and job creation. Other partners in the development include Salford City Council, the University of Salford and Godliman-Watson Homes. | Symphony Housing Group Ltd | £0.0m | £0.0m | 0 | 1 |
| 1 | 07 Feb 2012 | Northumberland outlet closed - 25 jobs at risk | Benfield Motors is to close its car dealership in Morpeth, Northumberland, in February 2012. The outlet employs 25 members of staff within the dealership and service departments. The closure is due to Renault UK reducing its dealership network. | Benfield Motors (Morpeth) Limited | £0.0m | £0.0m | 0 | 1 |
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Headquarters & Premises - Healthcare Premises |
| Gain | Loss | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
|---|
| | 06 Feb 2012 | Portsmouth Health centre to open with more services | A NEW community hub for pharmacy services is to be opened this week. | | | | | |
| | 06 Feb 2012 | New medical centre for Tooting | A new medical centre is to be built in Tooting after councillors gave their backing to a development project. | | | | | |
| | 06 Feb 2012 | New 4m facility for the Peak | Councillor Barry Lewis, the county council's Cabinet Member for Young People, is pictured at the opening of Peak Lodge with Tideswell youngster Sebastian Parkhouse, nine. Photo con... | | | | | |
| | 05 Feb 2012 | Home › GB Building Solutions to build £6m Salisbury care home | Construction firm GB Building Solutions has won the contract to build a new £6m care home in Salisbury for Gracewell Healthcare. Salisbury Manor care home will consist of 62 bedrooms over three storeys. Martin Smout, chairman and chief executive of GB Building Solutions said: “Over the last six years we have built up an impressive track record of constructing care schemes across the country undertaking £340m of schemes and providing more than 2,400 beds. | | | | | |
| 1 | | 07 Feb 2012 | Building £5m health centre - £350m regeneration project | Construction work has started on a new £5m health centre in Liverpool for Liverpool Primary Care Trust. The health centre is part of the £350m Edge Lane regeneration project which will create new housing and more than 1 million sq ft of commercial and retail floor space. | Liverpool Primary Care Trust | £0.0m | £0.0m | 0 | 1 |
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Headquarters & Premises - Educational Premises |
| Gain | Loss | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
|---|
| 1 | | 06 Feb 2012 | £6m campus redevelopment - £2m government funding secured - potential new jobs | Shrewsbury College of Arts & Technology has secured £2m government funding towards the £6m redevelopment of its main campus. The expansion will provide improved services for students and additional classrooms, potentially creating new jobs. | Shrewsbury College of Arts & Technology | £0.0m | £0.0m | 0 | 1 |
| 1 | | 03 Feb 2012 | £4.5m capital investment - modernising engineering facilities - potential new jobs | City College Plymouth has been awarded a £1.5m grant towards modernising its engineering facilities by the Skills Funding Agency. A total of £4.5m will be invested in a state-of-the-art learning environment which will open in September 2013, allowing the college to continue to support Plymouth's key engineering industry and potentially creating jobs. | City College Plymouth | £0.0m | £0.0m | 0 | 1 |
| 1 | | 06 Feb 2012 | Skills Centre refurbished - new build work completed | Darlington College's Skills Centre in Catterick, North Yorkshire, has been refurbished by Harrow building surveyors, providing improved facilities. New build work has also been completed, bringing the Catterick campus up to the same standard as the College’s main centre in Darlington. | Darlington College | £0.0m | £0.0m | 0 | 1 |
| | 06 Feb 2012 | School spends 2.3m to create accommodation for 60 pupils | A leading Somerset independent school is to spend 2.3million on a vast expansion project. | | | | | |
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Headquarters & Premises - Public Service Premises |
| Gain | Loss | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
|---|
| 1 | | 06 Feb 2012 | Potential new jobs - £129m operations base - PFI initiative | Avon and Somerset Police Authority is building a £129m base in a private finance initiative led by Blue Light consortium. Blue Light, led by Bilfinger Berger Project Investments, will build, finance and operate the base. It will include custody and crime investigation centres, police stations and a firearms training centre. New jobs are expected. | Avon and Somerset Police Authority | £0.0m | £0.0m | 0 | 1 |
| 1 | | 06 Feb 2012 | Potential new jobs - £129 PFI initiative agreed - police operations base | The Blue Light consortium, led by Bilfinger Berger Project Investments, is to build, finance and operate a £129m operations base for Avon and Somerset Police, in a private finance initiative which has the potential to create a significant number of jobs. Blue Light will also provide facilities management services, including cleaning, maintenance and energy management. | Bilfinger Berger Project Investments Ltd | £0.0m | £0.0m | 0 | 1 |
| | 04 Feb 2012 | New £12.4m council headquarters - accomodation for 500 staff | Harrogate Borough Council are building a new £12.4m council headquarters to accommodate up to 500 council admin and police staff. It is scheduled for completion in 2014 and will enable . The Chief Constable is Grahame Maxwell. | | | | | |
| 1 | | 06 Feb 2012 | Chambers refurbishment completed - £500,000 capital investment - IT systems upgraded | A £500,000 modernisation of the St John's Buildings' Manchester chambers has been completed by Redbridge Interiors. New electrical and plumbing systems have been installed and IT systems have been modernised. | St. Johns Buildings Limited | £0.0m | £0.0m | 0 | 2 |
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Headquarters & Premises - Cultural Premises |
| Gain | Loss | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
|---|
| 1 | 08 Feb 2012 | Budget cut - 30 job losses - closing studio | TV production company Tinopolis is closing its studio Caernarfon, North Wales, with the loss of 8 jobs and is reducing headcount by 30 at its Llanelli headquarters, after funding from Welsh television channel S4C was cut. Approximately 4% of Tinopolis's revenues come from S4C. In 2010 Tinopolis recorded turnover of £71.34m and employed 386 staff. | Tinopolis Plc | £71m | £5m | 386 | 1 |
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Headquarters & Premises - Leisure Premises |
| Gain | Loss | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
|---|
| 1 | | 06 Feb 2012 | £3.7m marina approved - 70 jobs created | Globe Consultants has been given planning permission for a £3.7 million marina in Cherry Willingham, Lincolnshire, that could create up to 70 jobs. The site will include a workshop, a café, a 24-bedroom hotel with bar and restaurant plus 40 holiday lodges. Phil Scrafton is a director of the company. | Globe Consultants Limited | £0.0m | £0.0m | 0 | 1 |
| | 06 Feb 2012 | Games plan boosted by hotel move | THE ambitious plan to regenerate swathes of Glasgow through the Commonwealth Games has been given a major vote of confidence with a scheme for a major hotel, restaurants and retail facilities in the heart of the city's east end. | | | | | |
| 1 | 07 Feb 2012 | Bath hotel sold to private investor | Compass Hotels have sold The Abbey hotel in Bath to Ian and Christa Taylor. The hotel will continue to trade under the Best Western brand despite the change in ownership. | Compass Hotels Limited | £5m | £-1.3m | 143 | 1 |
| 1 | | 06 Feb 2012 | 40 new jobs - opening Dorchester restaurant | Carluccios Plc, the Italian restaurant company, is opening a new outlet in Dorchester, in September 2012, creating 40 jobs. The restaurant will occupy a 3,264 sq ft site at Dorchester’s Brewery Square development. | Carluccio's PLC | £74m | £3m | 1,646 | 30 |
| 1 | | 03 Feb 2012 | 40 new jobs - major refurbishment | The Waterman Country Pub & Restaurant in Hatton, Warwickshire, is undergoing a major refurbishment and will create 40 new jobs. A variety of roles are available including chefs, bartenders and waiting staff. | Waterman Country Pub & Restaurant (The) | £0.0m | £0.0m | 0 | 1 |
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Headquarters & Premises - Hotel Development Projects |
| Gain | Loss | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
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| | 03 Feb 2012 | £10m Premier Inn - New Jobs - 170 Employees | Planning and urban design consultancy Turley Associates, acting on behalf of Premier Inn are to begin work on £10m 175-bedroom Premier Inn in Bristol city centre. | Turley Associates Ltd | £15m | £0.6m | 172 | 10 |
| | 06 Feb 2012 | Work starts on Edgbaston hotel | Feb 3 2012 | | | | | |
| 1 | | 07 Feb 2012 | Staycity to make £16m Newhall Square move | Commercial property developer RO St Bernards Ltd has secured an agreement with Dublin-based serviced apartment operator Staycity to open up to 190 properties at its Newhall Square development in Birmingham, creating a £16m aparthotel. The aparthotel will open in April 2012, creating employment and business opportunities. RO St Bernards recorded £5.6m turnover in 2010. | Ro St Bernards Limited | £6m | £0.0m | 5 | 0 |
| | 07 Feb 2012 | Hotel acquired from Compass Hotels - £1.5m hotel investment | The Abbey Hotel in Bath has been purchased from privately owned hotel group Compass Hotels by Ian and Christa Taylor. The new owners are planning to invest £1.5m into the venue over the next three years after securing support from Barclays Corporate. Work to transform the restaurant and the ground floor of the hotel will be carried out in 2012, while a full refurbishment of the hotels 60 bedrooms is planned for 2013 and 2014. The hotel will continue to trade under the Best Western brand despite the change in ownership. | The Abbey Hotel | £0.0m | £0.0m | 0 | 1 |
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New Business Wins & Company Awards - Contracts, Orders |
| | | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
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| | 07 Feb 2012 | £74m NHS contract secured - potential new jobs | Atos Origin UK Holdings Ltd has secured a £74m, five-year contract to provide IT services to the Department of Health. Atos Origin will help to reduce costs in the NHS and provide the necessary ICT for planned NHS reforms. The contract has the potential to create new jobs. | Atos Origin Uk Holdings Limited | £0.0m | £0.0m | 0 | 1 |
| | 07 Feb 2012 | £63m BP contract secured - 100 jobs secured | Offshore engineering group Subsea 7 has secured a £63m contract with BP for work on a major project off the Shetland Islands. The contract will secure the future of 100 jobs in Wick. Subsea 7, a £59.6m turnover company with a 5,500-strong global workforce, has previously worked with BP on similar contracts. | Subsea 7 Limited | £597m | £96m | 0 | 1 |
| | 08 Feb 2012 | £50m Investment - 50 New Jobs - Contract Won - £92.4m Turnover | The North Star shipping arm of Craig Group is investing £50m to have two extra supply vessels built after being appointed to support Talisman Energy's North Sea operations for five years. The company expects to create 50 new jobs to fulfil the contract, which provides fresh evidence of how strong activity levels in the North Sea are generating work for services firms. The vessels are due for delivery in the second and fourth quarter of 2013. | Craig Group Ltd | £92m | £10m | 954 | 2 |
| | 08 Feb 2012 | £50m Investment - 50 New Jobs - Contract Won - £7.3m Turnover | The North Star shipping arm of Craig Group is investing £50m to have two extra supply vessels built after being appointed to support Talisman Energy's North Sea operations for five years. The company expects to create 50 new jobs to fulfil the contract, which provides fresh evidence of how strong activity levels in the North Sea are generating work for services firms. The vessels are due for delivery in the second and fourth quarter of 2013. | North Star Shipping (Aberdeen) Limited | £7m | £0.4m | 41 | 9 |
| | 06 Feb 2012 | £4m contract secured - potential new jobs | Infrastructure specialist INS Sudlows Ltd has secured a £4m contract to build a data centre in Rotherha for Zen Internat. The 14,531 sq ft facility will help Zen Internet meet increasing demand for capacity in the region. The contract has the potential to create new jobs. | Ins Sudlows Limited | £0.0m | £0.0m | 0 | 2 |
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Mergers & Acquisitions - Mergers, Acquisitions & Flotations |
| | | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
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| | 07 Feb 2012 | £4.2m private equity investment - MBO - business expansion strategy | Devon-based aerospace component manufacturer Aero Stanrew Ltd has undergone an £8.5m management buyout. WestBridge Fund Managers has invested £4.2m in the MBO. The investment will allow Aero Stanrew to extend its product range and enter new markets. | Aero Stanrew Limited | £10m | £1m | 133 | 4 |
| | 07 Feb 2012 | £4.2m investment - Aero Stanrew MBO | Cardiff-based private equity firm WestBridge Fund Managers has invested £4.2m as part of a £8.5m management buyout at Devon-based aerospace component manufacturer Aero Stanrew. The investment is WestBridge's largest to date. | Westbridge Capital LLP | £0.0m | £0.0m | 0 | 1 |
| | 06 Feb 2012 | Tenet targets acquisitions with £27m war chest | Tenet targets acquisitions with £27m war chest | | | | | |
| | 06 Feb 2012 | Stake doubbled in South African company | Rio Tinto will increase its stake in Richards Bay Minerals (RBM) to 74 per cent through the acquisition of BHP Billiton's 37 per cent interest. The final consideration for the acquisition will be determined through a previously agreed valuation process. Completion is subject to regulatory approvals. RBM is a South African mineral sands mining and processing operation. | Rio Tinto PLC | £34,784m | £12,108m | 76,894 | 1 |
| | 08 Feb 2012 | Profits rise 12% - Company sells division for £5.3m | Independent convenience store firm CJ Lang and Son, based in Dundee, Scotland, has recorded a 12% rise in profits as a result of the sale of its cash and carry division for £5.3m. Company income fell from £256.6 million to £239.18m. The company operates more than 100 Spar stores and also holds the licence for the brand in Scotland. | C.J. Lang & Son Ltd | £257m | £5m | 2,125 | 3 |
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Budgets & Expenditure - IT |
| | | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
|---|
| | 06 Feb 2012 | Outlook for IT services sector in 2012 stable | Global ratings agency Fitch has affirmed a stable outlook for the information technology (IT) services sector in 2012. | | | | | |
| | 06 Feb 2012 | IT contractors prioritise duration over pay | Almost twice as many temporary IT workers would ditch a freelance computer contract that pays more for one that pays less but lasts longer, an umbrella company study shows. | | | | | |
| | 06 Feb 2012 | ICT technology set to cut crime | A national framework agreement has been signed for a new 'one-stop' IT system which will help police to identify criminals more quickly and cut crime. | | | | | |
| | 06 Feb 2012 | Chambers refurbishment completed - £500,000 capital investment - IT systems upgraded | A £500,000 modernisation of the St John's Buildings' Manchester chambers has been completed by Redbridge Interiors. New electrical and plumbing systems have been installed and IT systems have been modernised. | St. Johns Buildings Limited | £0.0m | £0.0m | 0 | 2 |
| | 07 Feb 2012 | British IT companies attracting strong private equity investment | Despite wider economic conditions, private equity firms are still investing in the UK's IT sector | | | | | |
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Budgets & Expenditure - Marketing |
| | | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
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| | 07 Feb 2012 | £124m increase in promotional spend - cautious outlook | Anglo-Dutch company Unilever, the world's second-biggest maker of branded household products by sales, increased its marketing budget by £124m to £5.13bn in 2011. Net profits increased 1% from £3.8bn to £3.83 in 2011 but the company is cautious of the future outlook due to difficult conditions in mature economies. | Unilever PLC | £38,653m | £5,536m | 165 | 2 |
| | 07 Feb 2012 | To increase advertising budget - branding campaigns | Everything Everywhere Ltd is launching a marketing campaign for its T-Mobile and Orange brands. The campaign will position T-Mobile as a value service and Orange as a higher-end service. | Everything Everywhere Limited | £5,298m | £-40.0m | 16,000 | 700 |
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Companies Receiving Investment - Venture Capital |
| | | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
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| | 07 Feb 2012 | British IT companies attracting strong private equity investment | Despite wider economic conditions, private equity firms are still investing in the UK's IT sector | | | | | |
| | 06 Feb 2012 | Austin Ventures Announces Addition of Venture Partner | Andrew Busey to Focus on Early-Stage Investing | | | | | |
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Companies Receiving Investment - Private Equity / Bank Funding |
| | | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
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| | 07 Feb 2012 | £4.2m investment - Aero Stanrew MBO | Cardiff-based private equity firm WestBridge Fund Managers has invested £4.2m as part of a £8.5m management buyout at Devon-based aerospace component manufacturer Aero Stanrew. The investment is WestBridge's largest to date. | Westbridge Capital LLP | £0.0m | £0.0m | 0 | 1 |
| | 07 Feb 2012 | £1.5m funding secured - technology development strategy | Cheshire-based technology company eoSemi has secured a £1.5m second tranche of funding from existing investors EV, NESTA investment an Capital-E. eoSemi will continue developing silicon replacements for the quartz crystals currently used in electronic devices with a view to bringing the technology into a $4bn market. | eoSemi Ltd | £0.0m | £0.0m | 0 | 1 |
| | 06 Feb 2012 | Postgraduate funding boost | The University is to benefit from a UK-wide investment of £67 million in postgraduate training and development in the biosciences. | | | | | |
| | 06 Feb 2012 | Network recruits 19.6m bid | Shares in specialist recruitment outfit Network Group (NGH) have soared 38 per cent this morning on a news of an agreed cash bid led by private equity giant Lloyds Development Capital. | | | | | |
| | 05 Feb 2012 | NVM injects £3m into Lineup Systems | NVM Private Equity has committed close to £3m of development capital to media software firm Lineup Systems | | | | | |
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Companies Receiving Investment - Private Finance Initiatives / PPI Initiatives |
| | | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
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| | 06 Feb 2012 | £30,000 funding secured - 32 new jobs - opening 25th store | Parsons Bakery Ltd has secured £30,000 funding from the government's Regional Growth Fund. It is opening a new store in Chippenham, Wiltshire, its 25th outlet, and plans to expand its chain to 30 stores by the end of 2012. The expansion will create up to 16 full-time and 16 part-time jobs. | Parsons Bakery Limited | £0.0m | £0.0m | 0 | 1 |
| | 06 Feb 2012 | Seven NHS trusts given cash to pay PFI hospital costs | Seven NHS hospital trusts are to be given a government bail-out of 1.5bn to meet payments due under Private Finance Initiative contracts. | | | | | |
| | 06 Feb 2012 | Potential new jobs - £129m operations base - PFI initiative | Avon and Somerset Police Authority is building a £129m base in a private finance initiative led by Blue Light consortium. Blue Light, led by Bilfinger Berger Project Investments, will build, finance and operate the base. It will include custody and crime investigation centres, police stations and a firearms training centre. New jobs are expected. | Avon and Somerset Police Authority | £0.0m | £0.0m | 0 | 1 |
| | 06 Feb 2012 | Plymouth City Council cash capital investment of £673,000 | OVER the next five years,Plymouth City Council is proposing to put a cash capital investment of £673,000 towards the Waterfront Business Improvement District (BID). | | | | | |
| | 06 Feb 2012 | PFI bail out for Dartford and Gravesham NHS Trust | Dartford and Gravesham NHS Trust is one of seven trusts set to receive a 1.5 bail out from the government over 25 years because they face 'serious structural financial issues.? | | | | | |
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Performance & Profits - Profits |
| | | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
|---|
| | 07 Feb 2012 | Profits up to £11.2m - expansion strategy | Despite the difficult economic climate Bruntwood Group's pre-tax profits increased 1% to to £11.2m in the year to 30 September 2011. Turnover fell from £100.2m to £99m. The company recorded a strong performance in new lettings and customer retention. Going forward, it plans to expand in the science and technology sector in Manchester. | Bruntwood Group Limited | £100m | £41m | 366 | 1 |
| | 08 Feb 2012 | Profits rise 12% - Company sells division for £5.3m | Independent convenience store firm CJ Lang and Son, based in Dundee, Scotland, has recorded a 12% rise in profits as a result of the sale of its cash and carry division for £5.3m. Company income fell from £256.6 million to £239.18m. The company operates more than 100 Spar stores and also holds the licence for the brand in Scotland. | C.J. Lang & Son Ltd | £257m | £5m | 2,125 | 3 |
| | 06 Feb 2012 | Dee Valley revenues and profits in line with forecasts | Dee Valley Group expects revenues to be in line with management forecasts and reflect the 5.3% price increase for 2011-12. Profits for the year before exceptional items are also expected to be in line... | | | | | |
| | 06 Feb 2012 | Boost for Admiral as reinsurers extend terms | Motor insurer sees agreements renewed, sending shares ' which fell by more than a quarter in November after it issued a profit warning ' up 7% | | | | | |
| | 07 Feb 2012 | 15 pubs sold for £22.9m - Operating profit of £1.7m | Pub company Enterprise Inns, based in Solihull, West Midlands, has exchanged contracts for the sale of 15 pubs to Fuller Smith & Turner for £22.9m. Under Enterprises ownership, the pubs made operating profits of £1.7m in the year to the end of September 2011. | Enterprise Inns Plc | £711m | £350m | 491 | 7,763 |
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Performance & Profits - Business Performance |
| | | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
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| | 07 Feb 2012 | £124m increase in promotional spend - cautious outlook | Anglo-Dutch company Unilever, the world's second-biggest maker of branded household products by sales, increased its marketing budget by £124m to £5.13bn in 2011. Net profits increased 1% from £3.8bn to £3.83 in 2011 but the company is cautious of the future outlook due to difficult conditions in mature economies. | Unilever PLC | £38,653m | £5,536m | 165 | 2 |
| | 06 Feb 2012 | £100k award - Business expansion - 12 jobs created | Paignton-based Syntech has received a £100,000 award to upgrade its production technology, which will create an estimated 12 jobs. The company employs 130 staff and is one of the UK's top 20 electronics manufacturers in its field. Virtually all its products are exported. Mike Badcott and Malcolm Keat are co-directors of the company. | Syntech Sw Limited | £14m | £0.3m | 116 | 2 |
| | 06 Feb 2012 | £1.9m investment - Company Expansion - New Jobs | A DUDLEY subcontract laser cutting firm, Midtherm Laser, is carrying out a £1.9 million investment project which is due to be completed by summer 2012. The development will include an environmentally-friendly designed building, which will house a new, state-of-the-art laser cutting machine, a press brake machine, racking for storing sheet materials and car parking. David Wheatley is Sales Manager. | Midtherm Laser Limited | £0.0m | £0.0m | 0 | 1 |
| | 07 Feb 2012 | Turnover up 5% - Margins down - 4000 employees | Unilever has reported strong growth despite difficult market conditions with turnover at the company up by 5 per cent to £38.6bn. company reported a 6.5 per cent underlying sales increase, mainly helped by growth in emerging markets. Paul Polman is Chief Executive. | Unilever UK Ltd | £1,772m | £122m | 3,985 | 2 |
| | 06 Feb 2012 | Top marketer leaves - Review of marketing structure | Travelodge top UK marketer Charlie Herbert has left after three years in his current position, prompting a review of the budget chain's marketing structure. No decision has yet been taken on replacing him. | Travelodge Hotels Ltd | £332m | £3m | 3,395 | 400 |
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Performance & Profits - Products and Services |
| | | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
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| | 06 Feb 2012 | £6m campus redevelopment - £2m government funding secured - potential new jobs | Shrewsbury College of Arts & Technology has secured £2m government funding towards the £6m redevelopment of its main campus. The expansion will provide improved services for students and additional classrooms, potentially creating new jobs. | Shrewsbury College of Arts & Technology | £0.0m | £0.0m | 0 | 1 |
| | 03 Feb 2012 | £4.5m capital investment - modernising engineering facilities - potential new jobs | City College Plymouth has been awarded a £1.5m grant towards modernising its engineering facilities by the Skills Funding Agency. A total of £4.5m will be invested in a state-of-the-art learning environment which will open in September 2013, allowing the college to continue to support Plymouth's key engineering industry and potentially creating jobs. | City College Plymouth | £0.0m | £0.0m | 0 | 1 |
| | 07 Feb 2012 | £4.2m private equity investment - MBO - business expansion strategy | Devon-based aerospace component manufacturer Aero Stanrew Ltd has undergone an £8.5m management buyout. WestBridge Fund Managers has invested £4.2m in the MBO. The investment will allow Aero Stanrew to extend its product range and enter new markets. | Aero Stanrew Limited | £10m | £1m | 133 | 4 |
| | 07 Feb 2012 | £1.5m funding secured - technology development strategy | Cheshire-based technology company eoSemi has secured a £1.5m second tranche of funding from existing investors EV, NESTA investment an Capital-E. eoSemi will continue developing silicon replacements for the quartz crystals currently used in electronic devices with a view to bringing the technology into a $4bn market. | eoSemi Ltd | £0.0m | £0.0m | 0 | 1 |
| | 05 Feb 2012 | Training company set up by redundant council worker | A MAN who lost his job because of council cuts has set up a training company for people with learning difficulties with his redundancy pay. | | | | | |
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Hot Topic - Renewable Energy |
| | | Date | Headline | Summary | Organisation | Turnover | Profit | Employees | Locations |
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| | 07 Feb 2012 | £25m Yorkshire Water contract secured - renewable energy scheme - potential new jobs | Morgan Sindall Plc has secured a contract to design and build a £28m biogas plant for Yorkshire Water in partnership with sustainable design and management consultancy Grontmij. The contract is worth £25m to Yorkshire Water and has the potential to create new jobs. | Morgan Sindall Plc | £2,102m | £42m | 7,662 | 3 |
| | 06 Feb 2012 | £20m recycling plant opened - 70 new jobs | Avondale Environmental Ltd has opened a £20m re-cycling plant at Polmont, near Falkirk, which will create 70 jobs and process 200,000 tonnes of waste a year when fully operational. The company plans to increase recycling capacity in the future and create a thermal drying facility. | Avondale Environmental Limited | £37m | £11m | 28 | 2 |
| | 07 Feb 2012 | Acquires Greenpark Energy - £6m investment | As part of its ongoing expansion, Nottinghamshire-based alternative energy company Alkane Energy has acquired rival company Greenpark Energy for £5.7m. | Alkane Energy PLC | £7m | £1m | 13 | 2 |
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