The Bristol office of mid-market private equity firm LDC has made an £18m minority investment in global pharmaceutical development organisation TMC Pharma Services. Hampshire-based TMC’s products specialise in innovative treatments for rare diseases and oncology. It has successfully supported more than 150 ‘orphan’ drug designations in the past 10 years...
Confidence among South West businesses rose in August despite spiralling costs, according to a new survey – making it one of only three UK regions to record a month-on-month increase in optimism. Firms in the region appear to have shrugged off the impact of soaring utility bills, wage increases and...
A long-established Bristol architectural window system business that has worked on many of the city’s landmark building schemes has gone into administration due to rising costs and delays on key projects. The Window Glass Company (Bristol), which trades as Window Glass, was founded in 1970 and operates from a...
Business leaders from across the South West are being invited to a major event in the region’s business calendar, the CBI’s annual regional dinner in Bristol. The event, which is traditionally a sell-out, is attended by more than 300 senior business figures from across the region – although it has not...
The government must set out an immediate plan to spur economic recovery, including helping firms pay their spiralling energy bills and easing restrictions on employing overseas workers. The call has come from Business West, the region’s largest business organisation, which fears more firms will be forced to close down...
Venture capital funding secured by fast-growth Bristol businesses leapt by two-thirds to £63m in the second quarter of this year, with the city’s burgeoning fintech sector leading the way. The big rise in total investment came despite a fall in the number of deals compared to the previous three...
A £1.5m fund has been launched to help small firms in Bristol and across the West of England and their supply chains adapt to the new economic and regulatory landscape. The Business Growth and Adaptions Grants are aimed at helping small to medium-sized enterprises buy new products and equipment...
The West of England’s first Good Employment Charter has been launched – with Bristol’s four times Academy Award-winning animation studio Aardman the first to pledge its support. The project was kick-started this week by Metro Mayor Dan Norris as part of a push to develop good jobs, deliver opportunities...
Companies in the South West are more gloomy about the economy and their own prospects than those in all other regions of the UK, according to a new survey. Business confidence in the region fell three percentage points to 11% during July, making it the least confident region in the UK for...
More than seven in 10 West of England firms consider climate change to be a core business issue for them but many admit they need help to do anything about it due to cost pressures. As a result, fewer than a quarter have taken concrete steps to reduce their...
Bristol-based medical simulator manufacturer Limbs & Things, whose products range from ‘arms’ with mock blood systems to birthing simulators, has launched its first graduate recruitment scheme as it looks to shape its future. The Queen’s Award-winning firm has been designing and making training equipment and simulators for healthcare professionals...
The next Prime Minister and their Chancellor of the Exchequer must take immediate action to help companies cope with the impact of sky-high inflation, the region’s largest business group has said. Latest figures from the Office of National Statistics this week show inflation at a 40-year high of 9.4%....
Regional accountancy firm Milsted Langdon’s Bristol office has helped secure the sale of an innovative battery business at the forefront of the electrification of the aerospace industry. Electroflight’s directors called in Milsted Langdon’s specialist restructuring and insolvency team to advise on the future of the Cheltenham-based business after seeking additional...
