Author: Dave Antrobus

Tesla, under the leadership of Elon Musk, is poised to make a significant entrance into the UK energy market. The company’s recent hiring of Roxanne Inskip-Kaye as head of operations underscores its commitment to establishing a domestic energy supply business.This move aligns with Musk’s vision of widespread adoption of ‘virtual power plant’ systems, integrating sustainability into household energy solutions, and potentially supporting the UK’s net zero ambitions.Tesla’s Strategy to Expand in the UKTesla has appointed Roxanne Inskip-Kaye, a seasoned professional in the energy sector, as its head of operations for the new household energy supply venture in the UK. Her…

A prominent build-to-rent developer has acquired a significant riverside site in Bristol, aiming to construct 300 residential units. This strategic move marks a notable addition to Bristol’s housing initiatives, targeting an area that has attracted considerable interest.Site Acquisition and Development PlansThe developer, Platform, has purchased a 1.8-acre riverside site near Cabot Circus to bolster Bristol’s residential landscape. This site, strategically positioned overlooking the River Frome, promises to become a key location for urban living. The acquisition reflects a broader trend in utilising prime city-centre locations for residential expansion.The proposed development will not only include residential units but also employment spaces…

The lease dispute at Swansea Airport has been resolved. The previous leaseholder has agreed to relinquish control, ending a protracted legal disagreement.Swansea Council has appointed the Swansea Airport Stakeholders’ Alliance as the temporary operator. The council is poised to find a long-term solution that ensures the airport’s future sustainability.The protracted legal issues concerning Swansea Airport’s lease have come to a close. Swansea Airport Ltd has agreed to surrender its lease. This decision came before a court hearing scheduled for next month and has now been averted. This agreement facilitates a change in airport management, aimed at resolving previous conflicts and…

Sandwich Sandwich is making strides in the bustling city of London, intending to cement its status as a formidable player in the culinary scene. As the brand eyes further expansion, it remains deeply connected to its origins in Bristol, where it all began.Sandwich Sandwich, a remarkable culinary venture, is seeking growth opportunities beyond its birthplace, Bristol. Founded in 2010 in the modest confines of Cotham, it has established itself as a favourite among city dwellers. With its recent expansion into London, the company is poised to challenge established chains and extend its distinctive brand identity further afield.The shop’s sandwiches, characterised…

National Highways has entered into a notable leasing agreement at Birmingham’s Three Snowhill, marking a significant development in the city’s commercial property landscape.The government agency, tasked with overseeing England’s major roadways, will occupy nearly 60,000 sq ft in this prestigious location, consolidating its Birmingham operations.Relocation to Three SnowhillThe biggest office leasing agreement in Birmingham’s prestigious Colmore Business District this year was secured by National Highways. The government office responsible for managing England’s motorways and major roads, is moving from The Cube and Colmore Square to a new centralised headquarters at Three Snowhill. The relocation, set for late 2024, involves a…

A substantial development project is set to transform the landscape adjacent to the A420 in Swindon. This initiative involves converting a 9.7-acre site into a multifunctional property.The project, led by RO Group, promises to invigorate the area economically by providing diverse business opportunities and leveraging strategic infrastructure advantages.The acquisition of Home Farm by the RO Group marks a significant move in the commercial property landscape of Swindon. This 9.7-acre plot located strategically along the A420 Swindon to Oxford road is poised to become a bustling mixed-use development. The acquired land holds immense potential, offering versatility for various uses, such as…

International Airlines Group (IAG), the parent of British Airways, has announced its intention to resume dividend payments for the first time since the onset of the Covid-19 pandemic.This decision accompanies a positive financial performance, with IAG reporting an increase in operating profit and revenue, reflecting its resilience and strategic growth in the aviation sector.IAG’s Financial ResurgenceInternational Airlines Group (IAG) has announced plans to restart dividend payments, marking a significant step in its post-pandemic recovery. This development highlights the company’s financial resilience, with IAG reporting an operating profit of €1.3 billion for the first half of the year. This figure represents…

Newcastle Building Society has become a beacon of hope for many savers impacted by the collapse of Philips Trust Corporation. The society has allocated £20 million to support those affected, demonstrating its commitment to members.Despite the financial outlay, the society reported a robust underlying performance. Andrew Haigh, CEO, acknowledged the distress faced by members, emphasising the voluntary nature of the support provided. The comprehensive plan aims to alleviate the financial burdens of several hundred affected members.Understanding the Philips Trust CollapseThe Philips Trust Corporation’s collapse in 2022 left many savers in financial turmoil. An investigation by the Financial Conduct Authority unveiled…

The logistics sector in Gloucestershire is on the cusp of significant expansion. Stroud District Council has given its approval for a new development near the M5.This project is expected to create approximately 1,200 jobs, indicating a substantial economic boost to the region.Stroud District Council has given the go-ahead for the development of Symmetry Park Gloucester. Situated at Junction 12 of the M5, this 67-acre scheme is set to significantly enhance the logistics infrastructure of the region. The project is estimated to contribute an impressive £62 million annually to the local economy, marking a pivotal moment for economic growth in Gloucestershire.Joseph…

A planned ferry service by Harland & Wolff from Cornwall to the Isles of Scilly was cancelled before its first trip. The shipbuilder, known for constructing the Titanic, announced the cessation recently as part of a strategic shift.Decision to Halt OperationsHarland & Wolff has announced the termination of the Scilly Ferries service, including the Atlantic Wolff fast ferry, prior to its debut journey. This decision aligns with the company’s strategy to concentrate on core business operations. The firm aims to reinforce its shipbuilding activities across its facilities in Belfast, Appledore, Methil, and Arnish.In light of recent financial adjustments, Harland &…