Latest Business News

Budget 2011 – hope for low carbon energy companies

Posted: 28/3/11
The UK Budget 2011, commended by Chancellor George Osborne last week, contains good news for low carbon energy companies, small businesses and green investors.
Perhaps the most widely reported of all of the Chancellor’s measures announced in the Budget is the trebling of initial capitalisation in the Green Investment Bank, now set at £3bn. The GIB will begin operation as early as next year, with borrowing powers from 2015/16.

Somerset has the energy for success in 2011

Posted: 18/2/11

It’s been a difficult few years for businesses across the UK but many experts are predicting that things will pick up over the course of 2011, particularly towards the end of the year. Indeed, some pockets of the country are already showing early signs of recovery and thanks to a number of exciting business opportunities in Somerset, it seems this idyllic yet dynamic county will be one of the first to propel its way out of the worst of the recession. This makes Somerset a very attractive proposition for entrepreneurs, investors and businesses looking to expand or relocate.

Somerset business leaders show their support for Somerset 3D

Posted: 4/2/11

Around thirty of Somerset’s most influential businesspeople gathered at the prestigious Mount Somerset hotel on Wednesday 2 February to hear about Somerset 3D’s strategy for the future, many pledging their support to ensure the continuing good work of the county’s highly successful inward investment body.

Static interest rate aids positive outlook for investment in Somerset

Posted: 14/1/11

The outlook is good for investing in Somerset during 2011 thanks to a combination of continuing low interest rates, government policy and a range of exciting business opportunities in the county, according to Rupert Cox, Chief Executive of inward investment body Somerset 3D.

Somerset 3D spreads the word to the House of Lords

Posted: 10/11/10

A group of highly influential businesspeople from a wide range of industries were treated to afternoon tea at the House of Lords, courtesy of Somerset’s inward investment body, Somerset 3D.

Pioneering Somerset solar project gets the green light

Posted: 18/10/10

A pioneering solar photovoltaics (PV) array development in the South West is expected to catapult Somerset into the limelight as a leading location for green energy, giving a welcome boost to the county’s economy at the same time.

Somerset 3D’s Glastonbury prize draw winner returns home to Somerset

Posted: 13/10/10

Inward investment body Somerset 3D was delighted to welcome prize winner Ben Makins to Somerset at the weekend. Mr Makins, who is originally from Somerset but has spent the last 29 years living and working in West London, won a prize draw for a two night stay at the Swan Hotel in Wells on the Somerset 3D stand at this year’s Glastonbury Festival.

Somerset leads the way on Government agenda to create 250,000 new ‘green’ jobs

Posted: 22/9/10

Plans announced this week by the Energy Secretary, Chris Huhne, promise to boost the country’s economy by creating 250,000 jobs in green industries, including renewable energy and nuclear power. And growth is already underway in Somerset, which is one of the UK’s leading counties for renewable and low carbon energy, and also the chosen location of Britain’s proposed first nuclear new build development.

Call for Somerset businesses to sign up and be part of the county’s biggest investment project in decades!

Posted: 1/9/10

Businesses in Somerset are being urged to sign up and form part of the supply chain that is being developed to support Somerset’s biggest construction project in decades. Companies of all sizes, from a huge array of industry sectors, are being encouraged go online to register their interest quickly and easily, giving them an opportunity to be part of the £10billion investment at Hinkley Point.

Somerset comes out top as Taunton wins SW Enterprise League

Posted: 16/8/10

Somerset is a thriving area for business, even in times of recession, and now we have proof! A nationwide business competition – Enterprising Britain – has awarded Taunton the title of most enterprising place in the South West.

Now in its sixth year, the competition is a key part of the Government’s drive to increase entrepreneurial activity in the UK – something for which Somerset has been recognised many times.