Finance

Bristol’s Bloodhound supersonic car project rescued by entrepreneur

December 17, 2018
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Bristol’s Bloodhound supersonic car project rescued by entrepreneur

A Yorkshire-based entrepreneur has stepped in to save Bristol’s Bloodhound supersonic car project days after it was axed by administrators. Ian Warhurst, owner of Barnsley car parts firm Melett, has bought the assets and business of the Avonmouth-based project – which had hoped to set a world land vehicle...

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Range of businesses endorse region’s first events industry showcase through partnerships

December 14, 2018
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Range of businesses endorse region’s first events industry showcase through partnerships

MEET South West, the exhibition and conference showcase that will make its debut in January, has been boosted through a series of partnerships with key business organisations in the region. Among those endorsing the inaugural event are Bristol Airport, GWR, Bristol-based film production company Floating Harbour and Bristol Business...

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£2m funding for tech start-up aiming for quantum leap in digital security

December 14, 2018
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£2m funding for tech start-up aiming for quantum leap in digital security

Pioneering Bristol start-up KETS has raised investment of more than £2m to develop a range of future-proof digital security technologies capable of protecting huge amounts of essential data. The University of Bristol spin-out aims to become the digital security operating system, protecting digital information and critical infrastructure.  While quantum...

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Brexit uncertainty continues to drag down small business confidence in the South West

December 14, 2018
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Brexit uncertainty continues to drag down small business confidence in the South West

Confidence among the South West’s small firms has fallen once again and is now significantly below the national average, according to a new survey. The latest quarterly report from the Federation of Small Businesses (FSB) reflects a level of SME pessimism among members across the region not seen since...

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French supermarket chain develops taste for Bristol firm’s ‘posh noodles’

December 14, 2018
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French supermarket chain develops taste for Bristol firm’s ‘posh noodles’

Bristol-based instant noodle brand Kabuto Noodles has secured a contract with a chain of French grocery stores which will put its products on the shelves of more than 120 supermarkets across France. Kabuto was launched in 2010 by Crispin Busk, who saw a gap in the market for ‘posh...

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New study forecasts Bristol’s economy will outperform UK average growth to 2021

December 14, 2018
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New study forecasts Bristol’s economy will outperform UK average growth to 2021

Bristol is set to be one of the UK’s fastest-growing cities over the next three years with higher-than-average job creation, new research has revealed. The city will enjoy annual Gross Value Added (GVA) growth of 2% between 2018-2021 – higher than the UK average of 1.7%, according to international...

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Bristol law firms help steer investment deal for pioneering carbon hybrid car wheel maker

December 14, 2018
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Bristol law firms help steer investment deal for pioneering carbon hybrid car wheel maker

The Bristol offices of law firms TLT and Womble Bond Dickinson (WBD) have advised on a multi-million pound deal that will drive innovation and create jobs at a West of England car and motorbike wheel manufacturer. London-based Puma Investments is injecting £3.6m of private equity into Dymag, a pioneering...

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More expansion for Bristol invoice finance firm as it appoints London and South East sales director

December 12, 2018
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More expansion for Bristol invoice finance firm as it appoints London and South East sales director

Bristol-based invoice finance firm Optimum Finance has appointed Mike Stevens as regional sales director for London and the South East, signalling the start of the next phase of growth for the company. With a background in banking and finance at Barclays and RBS, Mike, pictured, joins Optimum Finance with...

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VWV achieves top 3 ranking in annual charity law table for fourth year

December 12, 2018
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VWV achieves top 3 ranking in annual charity law table for fourth year

Charity Finance magazine has named Bristol-headquartered VWV among its top three law firms for the sector for the fourth year running. The firm, which acts for some of Bristol’s best-known charities including Wallace & Gromit’s Children’s Foundation and The Soil Association, appears at number three in the annual ranking...

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‘Utter dismay’ among Bristol bosses at latest Brexit delay, says Business West

December 11, 2018
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‘Utter dismay’ among Bristol bosses at latest Brexit delay, says Business West

Company bosses from Bristol and across the West of England are “intensely frustrated” with the latest delay affecting Brexit, according to the region’s largest business organisation. Business West – which runs Bristol Chamber of Commerce and the Bristol Initiative – said time was now running out for a managed...

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End of the road for Bristol’s Bloodhound supersonic car project as administrators pull plug

December 7, 2018
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End of the road for Bristol’s Bloodhound supersonic car project as administrators pull plug

Bristol’s Bloodhound supersonic car project – which had hoped to set a world land vehicle record of 1,000mph – has been axed after hitting a cash crisis. Administrators for the firm behind the Avonmouth-based project, Bloodhound Programme, today effectively pulled the plug on the bid after failing to secure...

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£35m investment to put Bristol firm’s innovative ‘virtual-touch’ tech on world stage

December 7, 2018
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£35m investment to put Bristol firm’s innovative ‘virtual-touch’ tech on world stage

Bristol-based Ultrahaptics, the world leader in mid-air touch technology, is poised for further growth after completing a £35m Series C round of investment. The funding will enable the University of Bristol spin-out to further develop and commercialise its revolutionary ‘haptic’ technology into new markets. The new funding was led by...

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Raft of new appointments and promotions at EY’s Bristol office as expansion gathers pace

December 6, 2018
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Raft of new appointments and promotions at EY’s Bristol office as expansion gathers pace

International accountancy group EY has continued to expand its Bristol office with 10 senior appointments and 119 promotions as it looks to increase staffing levels to 500 by 2020. The office, which is the base for its South West & Wales practice, has grown rapidly in recent years and...

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