Finance

Bristol to return to Tier 3 after increase in Covid-19 cases in city

December 23, 2020
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Bristol to return to Tier 3 after increase in Covid-19 cases in city

Bristol is to move back into Tier 3 on Boxing Day, the government announced today against a backdrop of increasing Covid-19 infection rates across the city. The number of people contracting the virus in the city has risen sharply since the last review of the local tier restriction system...

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2030 net zero carbon goal adopted by Business West – with a vow to help firms reach same target

December 23, 2020
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2030 net zero carbon goal adopted by Business West – with a vow to help firms reach same target

Business West, the region’s largest business organisation, is aiming to achieve net zero carbon emissions by 2030 and has introduced three new steps to help it – and firms across the South West – reach the ambitious target. The organisation, which runs Bristol Chamber of Commerce and the Bristol...

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Bristol Business Blog: Rachell Elliott, National Friendly Financial Solutions advisor. Private pensions – what are your options?

December 22, 2020
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Bristol Business Blog: Rachell Elliott, National Friendly Financial Solutions advisor. Private pensions – what are your options?

Entrepreneurs of the world, pay attention. This is aimed at you! There’s a good chance that if you are building and running your own business, you may not yet have got round to planning your retirement, let alone know what the pension options for you and any staff you...

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Some Christmas cheer for businesses as Bristol goes into Tier 2, but hotels say it’s too late

December 18, 2020
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xmas

Bristol business leaders have welcomed the city’s move into Tier 2 from tomorrow but the group representing its major hotels said it had come too late to enable them to cash in on Christmas and secure any meaningful income. Bristol Chamber and Initiative chief executive James Durie joined the Mayor of...

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Staffing growth for EY’s Bristol office as it is adapts to challenges of coronavirus pandemic

December 18, 2020
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Staffing growth for EY’s Bristol office as it is adapts to challenges of coronavirus pandemic

Global accountancy group EY has grown its staffing levels in the South West by 9% this year through strategic senior hires and investment in graduates and apprentices. Despite a challenging economic backdrop, EY continued to expand its headcount across the UK, hiring more than 3,000 people over the past...

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Survey shows region’s high-growth firms adapting to new normal to resume expansion

December 18, 2020
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Survey shows region’s high-growth firms adapting to new normal to resume expansion

More than two-thirds of high-growth firms in the South West plan to continue to expand next year after adapting for a post-Covid world, new research shows. According to the first survey to chart these businesses during the coronavirus pandemic it has created significant barriers to growth for 58% of...

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‘Perfect storm’ for manufacturers as survey shows Brexit uncertainty colliding with impact of Covid-19

December 18, 2020
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‘Perfect storm’ for manufacturers as survey shows Brexit uncertainty colliding with impact of Covid-19

Just 2% of the South West’s small to medium-sized manufacturers think Brexit will have a positive impact on their recovery, while more than half admit they still cannot predict how the transition out of the EU will affect their business. And with the UK-EU talks entering their final hours...

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Temple Bright advises Nikon on group reorganisation and grows pensions team

December 18, 2020
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Temple Bright advises Nikon on group reorganisation and grows pensions team

Bristol and London law firm Temple Bright has acted for Japanese multinational Nikon on the pensions aspects of its reorganisation in which Nikon UK merged with Nikon Holdings Europe. The cross-border merger, which took place on December 1, was implemented as part of a planned simplification of Nikon’s European legal entity structures. ...

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Bristol golf centre with £3m price tag bought by couple behind city’s Sky View Observation Wheel

December 17, 2020
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Bristol golf centre with £3m price tag bought by couple behind city’s Sky View Observation Wheel

A golf complex on the outskirts of Bristol run for the past 23 years by professional golfer has been sold after being marketed for more than £3m. Bristol Golf Centre, pictured, at Hambrook has been bought by Chipping Sodbury-based Golf & Leisure Group for an undisclosed fee from Nicky...

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Smith & Williamson Bristol team helps steer investment into fast-growing car accident repair firm

December 17, 2020
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Smith & Williamson Bristol team helps steer investment into fast-growing car accident repair firm

The Bristol office of national accountancy firm Smith & Williamson has advised private equity group Mobeus on a £9.5m investment into one of the UK’s fastest-growing car accident repair businesses. The investment in ABL 1Touch will support a management buyout at the firm, accelerating its expansion further as it...

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‘Instant decision’ app and website launched by Optimum Finance as part of new CEO’s strategic vision

December 16, 2020
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‘Instant decision’ app and website launched by Optimum Finance as part of new CEO’s strategic vision

Bristol-based invoice finance provider Optimum Finance has launched a website and app that give instant funding decisions to businesses on how much funding they can access. The service has also been made available to Optimum’s intermediary partners to use. The app can be rebranded and embedded within their websites...

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Ashfords acts for fast-growing fintech client in ground-breaking deal with Mastercard

December 16, 2020
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Ashfords acts for fast-growing fintech client in ground-breaking deal with Mastercard

The Bristol office of national law firm Ashfords has advised fintech client Form3 on a major investment and partnership with global payment technology leader Mastercard which could transform the industry. Under the agreement, Mastercard will use London-based Form3’s cloud-based systems to help banks and financial institutions around the world...

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National group snaps up Bristol ethical waste management firm

December 16, 2020
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National group snaps up Bristol ethical waste management firm

Bristol-based ethical waste management company Waste Source has been acquired by national market leader Reconomy UK in a deal handled by regional accountancy firm Milsted Langdon. Waste Source was launched in 2010 to make waste disposal a simpler, cheaper and more effective process so businesses could reduce their waste...

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