Leading specialist property adviser Christie + Co is having another bumper year in hotel transactions market across Devon, Cornwall and Somerset.
Matthew Smith, Director of the Exeter office comments: “Although 2014 showed significant growth in hotel transactions across the South West, we are still experiencing further growth throughout 2015 as a result of the banks re-entering the hospitality sector and showing greater appetite to support buyers keen to acquire profitable hotel businesses. This extends to first time entrants to the hotel sector, as well as experienced hotel...
House sales continue to pick up across the South West in September supported by a modest improvement in the availability of mortgage finance, according to the latest RICS UK Residential Market Survey.
Across the region, 19% more chartered surveyors saw a rise in agreed sales, with 23% more respondents expecting a rise in sales expectations over the next three months. This trend in agreed sales outstrips the national rate, with 14% more surveyors reporting a rise in agreed sales across the UK.
The stronger sales trend in the UK is broadly reflective of an upturn in demand...
Farmers’ leaders in the South West are predicting more tough times ahead for the region’s dairy industry.
The recent announcement of further cuts means farm gate milk prices are likely to remain below the cost of production for some time to come, putting many farming families under increased pressure.
In the South West this is exacerbated by having to deal with the financial and emotional effects of bovine TB. According to figures published by industry body AHDB Dairy, 124 farmers from the region have left dairying over the last year, a stark illustration of the problems...
Spacex artist and independent curator Trevor Pitt is setting up Preston Street Union – PSU; an affiliation of artists from in and around Exeter that will come together over a five week period to explore collaboration as a strategy for artists. The event will take place from 13 October – 7 November 2015.
Educational charity Spacex works with artists and curators to enable access to contemporary visual art in the South West through a programme of projects and events that invite public participation and critical debate.
PSU will extend from elements of Pitt’s previous project...
The South West private sector registered a further moderation in growth of output in August, according to the latest PMI® survey data.
Moreover, the volume of new business increased only fractionally, and backlogs were depleted for the third consecutive month. As a result, private sector employment rose at the slowest rate in over two years. Meanwhile, input prices were unchanged over the month, and output prices barely rose.
The seasonally adjusted Lloyds Bank Commercial Banking South West Business Activity Index remained above the no-change mark of 50.0 in August,...
Acceleration in house price growth in the South West continues with 63% more respondents seeing a rise in prices over the last three months, according to the latest RICS UK Residential Market Survey. This is the highest level since April 2002.
The South West region, along with Yorkshire, is also the most confident of price rises in the near term, with 52% more respondents expecting to see a rise in prices over the next three months. Across the UK, the RICS price indicator reached a 16 month high in August, with a net balance of 53% more respondents reporting price rises and firm...
Responding to the publication today of the government's Feed-in Tariff Review Merlin Hyman, chief executive of Regen SW said: "Today's announcement puts at risk thousands of jobs and will undermine the opportunity for local people, businesses and communities to take control of the way we generate, use and supply energy”.
“Because of the Feed-in Tariff communities and businesses up and down the country have had the opportunity to harness their own natural energy resources, helping to reduce and localise energy spend, tackle fuel poverty and generate an income to re-invest in the...
Massive barrel jellyfish have appeared in record numbers for a second consecutive year, whilst in July huge numbers of mauve stingers were reported off Guernsey, and the potentially dangerous Portuguese Man O War has been washing up on beaches in the South West.
The rise of jellyfish in UK seas can no longer be ignored, and that more dedicated research and monitoring is needed to understand these apparent increases and what they mean for the state of our seas.
“Our National Jellyfish Survey suggests significant recent rises in the numbers of some jellyfish species in UK...
Small and medium sized businesses in the South West believe future success relies on their ability to recruit so-called millennials – those born between 1980 and 2000 – but recognise that they need to do more to attract them, according to new research by Lloyds Bank Commercial Banking.
More than three quarters (79 per cent) of SMEs across the region said that the growth of their business relies on their ability to recruit millennial talent. In fact more than a third (35 per cent) said they want a millennial to take over their business one day.
Leading South West recruitment and training agency Acorn, has been awarded a place as a Crown Commercial Service (CCS) supplier on the non-medical, non-clinical, temporary staffing framework for the National Health Service (NHS).
The new two-year agreement will be rolled out across all its branches and specialist divisions throughout the UK, and will cover all non-medical roles within a number of sectors, including finance and accounting, IT, office administration, purchasing, technical and facilities management, HR and quality management.
