Finance

Firms pledge to support Bristol’s young people at The Prince’s Trust annual Red Dinner

November 6, 2018
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Firms pledge to support Bristol’s young people at The Prince’s Trust annual Red Dinner

Businesses and philanthropists from across the South West will come together in Bristol this Thursday to help raise vital funds for its young people.  The annual Prince’s Trust Red Dinner has raised more than £650,000 since it was launched seven years ago, with all the proceeds going toward helping...

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Ping Pong Fight Club heads to Bristol – with a challenge to find which firm’s top of the table

November 2, 2018
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Ping Pong Fight Club heads to Bristol – with a challenge to find which firm’s top of the table

Bristol’s most competitive businesses are being urged to bring their rivalry to the table and take part in the city’s first Ping Pong Fight Club. The popular Ping Pong Fight Club began four years ago as a stand-alone annual tournament in London. It is now spreading out across the...

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EY signals major growth of Bristol office with 150 more staff by 2020

November 2, 2018
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EY signals major growth of Bristol office with 150 more staff by 2020

International accountancy group EY is to double the size of its Bristol-based advisory team to 100 people over the next 12 months as it continues to grow its staffing levels in the city. The group also said it plans to increase its total head count in Bristol from 350...

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Top speakers lined up for this year’s Festival of Economics

November 2, 2018
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Top speakers lined up for this year’s Festival of Economics

The Bank of England’s chief economist and one of its former deputy governors are among speakers at this year’s Festival of Economics in Bristol. One of the largest events of its kind in the UK, the festival takes place in between next Wednesday, November 7 and Saturday November 10....

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TLT and KPMG Bristol teams handle sale of Somerset minerals firm to Swedish group

November 2, 2018
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TLT and KPMG Bristol teams handle sale of Somerset minerals firm to Swedish group

The corporate team in the Bristol head office of national law firm TLT and accountancy group KPMG’s corporate finance team in the city have advised on a major and highly complex transaction in the industrial minerals market. The sale of Somerset-headquartered family business Francis Flower to Swedish state-owned LKAB...

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Budget 2018: Bristol financial services sector reaction

October 30, 2018
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Budget 2018: Bristol financial services sector reaction

Bristol’s financial services sector was on the whole encouraged by the Budget – but with some reservations. Karen Kirkwood, regional head of tax for accountants EY, pictured, described it as a ‘tales of the unexpected’ speech but said Philip Hammond had been careful to make sure he had enough...

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Budget 2018: At a glance

October 30, 2018
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Official_portrait_of_Mr_Philip_Hammond_crop_2

2018 growth forecast upgraded from 1.3% to 1.6% Budget deficit forecast for 2018/19 fiscal year cut to £25.5bn from £37.1bn forecast in March A ‘tech tax’ on revenues of tech giants from 2020, subject to further international discussions Annual Investment Allowance increased from £200,000 to £1m for two years...

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Budget 2018: Bristol property sector reaction

October 29, 2018
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Budget 2018: Bristol property sector reaction

The Chancellor’s attempts to help the high street and the solve the housing crisis were welcomed by Bristol property market leaders – but they agreed that he needed to do more. Tim Davis, head of global property services firm Cushman & Wakefield’s Bristol office, pictured, was pleased with the...

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Budget 2018: Bristol business reaction

October 29, 2018
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Budget 2018: Bristol business reaction

Business West director of policy Matt Griffith described the Budget as pro-business in which the Chancellor “reaffirmed his commitment to providing stimuli in the right places”. “Businesses will welcome the Chancellor’s commitment to housing, particularly with the Housing Infrastructure Fund,” said Mr Griffith, pictured.  “The spiralling cost of housing...

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Budget 2018: National business reaction

October 29, 2018
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CBI director-general Carolyn Fairbairn looked to Halloween for inspiration for her reaction, saying Philip Hammond brought “more treats than tricks for business” in today’s Budget. “It recognises the enormous contribution enterprise has made to balancing the UK’s books through jobs, pay and tax and responds to many of the...

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Budget 2018: As it happened – Chancellor says the era of austerity is coming to an end

October 29, 2018
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Budget 2018: As it happened – Chancellor says the era of austerity is coming to an end

Chancellor Philip Hammond started his speech at 3.33pm and finished at 4.43pm. He open by saying he will deliver a Budget for “hard-working families … who live their lives far from this place … and care little for the twists and turns of Westminster politics”.  Chancellor says the era...

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Saudi Arabia overtakes US as top overseas investor in Bristol’s commercial property as sales soar

October 26, 2018
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Saudi Arabia overtakes US as top overseas investor in Bristol’s commercial property as sales soar

Investment in Bristol’s commercial property market has soared by 47% this year, with Saudi Arabia the largest foreign investor. Investors, both domestic and from overseas, have acquired commercial properties worth £975m so far this year against £663m for the January to September period last year, according to latest research...

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Law firms fear competition more than Brexit, new research reveals

October 26, 2018
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Law firms fear competition more than Brexit, new research reveals

Increasing competition, rather than Brexit, is the biggest challenge facing the West’s law firms, according to new research by accountancy group Smith & Williamson. Its 2018 Law Firm Survey, developed in association with The Lawyer, reveals that negotiating the competitive landscape remains the top priority as opposed to the UK’s impending exit from the EU.  Some...

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