Rolls-Royce preferred bidder for Hinkley Point C diesel generator
September 12, 2016
Rolls-Royce has been selected as the preferred bidder for a contract to supply an integrated nuclear emergency diesel system for the Hinkley Point C nuclear power station. The system will comprise an MTU diesel generator made by Rolls-Royce Power Systems and Rolls-Royce patented instrumentation and control technology. The latest announcement takes the total preferred-bidder contracts…
Read MoreHinkley Update re Government delays
July 29, 2016
Unfortunately, plans to build the first new UK nuclear plant in 20 years have suffered an unexpected delay after the government postponed a final decision until the early autumn. French firm EDF, which is financing most of the £18bn Hinkley Point project, approved the funding at a board meeting. Contracts were to be signed today,…
Read MoreHinkley Point gets final investment approval
July 28, 2016
Investment in the first new nuclear plant to be built in the UK in 20 years - at Hinkley Point - has secured final approval. The decision came at a board meeting of French utility EDF - the company financing most of the £18bn project. Following that agreement, legally binding contracts will be signed and…
Read MoreCompany acquisitions remain strong following EU referendum - PKF Francis Clark
July 27, 2016
The number of company acquisitions has remained strong following the EU referendum, according to Bridgwater Chamber of Commerce member PKF Francis Clark. The firm has advised on a series of transactions since the vote, including Altitude Partners' recent equity investment in semiconductor technology developer Moortec. It also worked on the sale of Devon-based Jubb Consulting…
Read MoreEDF investors agree €4bn Hinkley Point fundraising
July 27, 2016
EDF shareholders have approved plans to raise €4bn (£3.4bn) through the issue of new shares to fund the Hinkley Point C nuclear power station, ahead of an expected decision on the project. Investors agreed to the package of financing at a meeting on Tuesday (26 July 2016), with the French Government, which owns about 85…
Read MoreFOUR people pass Bridgwater firm's Alan Sugar-style Apprentice programme to produce first-class lawyers delivering exceptional customer care
July 13, 2016
FOUR people pass Bridgwater firm's Alan Sugar-style Apprentice programme to produce first-class lawyers delivering exceptional customer care FOUR people have just passed through a Bridgwater firm's Alan Sugar-style Apprentice programme to produce first-class lawyers delivering exceptional customer care Chris Ivory, Leanne Routledge, Gareth Needs and Mark Jones have just passed the Pardoes challenging Associates Programme…
Read MoreBridgwater Arts Centre - Can you help by making a pledge
July 6, 2016
Bridgwater Arts Centre are pleased to announce they have gained funding for much needed renovation to their public spaces and have just launched a crowdfunder for the final soft furnishing touches. They will finally fulfil the potential the BAC space has to offer! Project aim £2,300 for our ground floor & garden furnishings - providing…
Read MoreBrexit does not affect Hinkley C
June 28, 2016
Following the UK’s decision to leave the European Union, the following statements have been made by EDF Chairman Jean-Bernard Lévy in an article published this morning. Brexit has “no impact” on the business and strategy of EDF in the UK, including its plans to build a new nuclear plant at Hinkley Point in England, said…
Read MoreBrexit result - What the Chambers of Commerce say
June 24, 2016
The British Chambers of Commerce and The Somerset Chamber of Commerce have released the following statements in response to the British public voting to leave the EU. BCC reaction to EU Referendum result Dr Adam Marshall, BCC Acting Director General, said: "In the wake of the electorate's historic decision to leave the European Union, the…
Read MoreEconomic update for Somerset breakfast meeting - Review of the 16 June event
June 21, 2016
The Economic update was given by David Hall. David lives at Bawdrip and is a director of a local IT company. David is the County Council member for Bridgwater East and Bawdrip, Cabinet Member for Business, Inward Investment and Policy, and Deputy Leader of the Council. Helping to answer Q&As and provide further information was…
Read MoreAlbert Goodman expands Bridgwater accountancy office
June 20, 2016
South West accountancy firm Albert Goodman has expanded its office in Bridgwater. The firm said the new larger premises would enable it to extend its services along the M5 corridor and into North Somerset. It will now offer a full range of accountancy, business advisory and tax services, in addition to its agricultural specialism in…
Read MoreBridgwater Chamber/Sedgemoor FM Live In-Out Debate 9th June 2016
June 15, 2016
Feedback to the Bridgwater Chamber of Commerce indicated that many people were undecided on which way to vote in the EU referendum due to their not being enough unbiased information. We therefore got together with Sedgmoor FM to give you the opportunity to place your questions to an expert panel via a live radio show.…
Read MoreNo committment to date for Hinkley C final investment decision
May 25, 2016
The boss of EDF Energy has refused to give a date for a final investment decision on the £18bn Hinkley Point C nuclear power station in Somerset. EDF Energy chief executive Vincent de Rivaz was called by MPs to speak at a meeting of the Energy & Climate Change Select Committee on 24 May 2016.…
Read MoreBridgwater Chamber Spring Newsletter
May 18, 2016
Click here to see the Bridgwater Chamber May newsletter
Read MoreContingency in place of up to £20.7m should Hinkley C costs rise.
May 17, 2016
The cost of the Hinkley Point C nuclear power station in Somerset could rise to £21bn but developer EDF said it still expected to complete the project on-time and on-budget. In a statement released ahead of the French energy giant's annual general meeting yesterday (12 May 2016) it revealed that its equity commitment to the…
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