Finance

PwC joins Bristol climate group as it makes eco pledges to aim for Net Zero by 2030

June 16, 2021
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PwC joins Bristol climate group as it makes eco pledges to aim for Net Zero by 2030

Accountancy group PwC has become the latest firm to join the Bristol Climate Leaders Group, which was launched last November to help make the city carbon neutral within 10 years by sharing experiences and best practice. PwC, which employs 580 people in its West of England office at Temple...

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Search starts for new chair of the Institute of Directors’ South West region

June 15, 2021
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Search starts for new chair of the Institute of Directors’ South West region

The Institute of Directors (IoD) is recruiting a new chair to lead its South West region as the role’s current holder Muir Macdonald comes to the end of his three-year term this autumn. The successful candidate will act as the voice for regional directors, working alongside a dedicated team at...

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Bristol Business Blog: Zoe Thomas, partner and head of real estate tax, Smith & Williamson. Losing the offshore advantage

June 15, 2021
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Bristol Business Blog: Zoe Thomas, partner and head of real estate tax, Smith & Williamson. Losing the offshore advantage

In recent years, the tax landscape for property investors has changed dramatically, perhaps no more so than when it comes to non-resident capital gains tax (NRCGT). Indeed, most tax benefits that derived from having non-resident status have now been eliminated and with the new surcharge for SDLT of 2%...

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Hospitality industry app amended to take account of rise of ‘surge-pricing’ sparked by staffing crisis

June 11, 2021
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Hospitality industry app amended to take account of rise of ‘surge-pricing’ sparked by staffing crisis

The innovative Bristol tech firm behind the Limber app that links hospitality venues with staff seeking flexible shifts has amended it to allow workers to increase their hourly rate as demand soars. The feature has been introduced as bars and restaurants struggle to fill vacancies as they reopen from...

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South West shrugs off impact of Covid-19 to attract more overseas firms

June 11, 2021
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South West shrugs off impact of Covid-19 to attract more overseas firms

Investment by foreign businesses into the South West rose last year despite the pandemic in contrast to a fall for the UK as a whole. According to a new report by accountancy group EY, the South West achieved a 6.7% increase in Foreign Direct Investment (FDI) projects in 2020...

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Apprenticeship Levy payers urged to support scheme that boosts training in small firms

June 10, 2021
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Apprenticeship Levy payers urged to support scheme that boosts training in small firms

West of England Metro Mayor Dan Norris is calling on employers to help increase the number of apprenticeships in the region. With an estimated £4m to £8m of unused Apprenticeship Levy funds returned to the Treasury each year, Mayor Norris is calling for apprentice levy-paying employers to give their unused funds to a new...

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Wealth manager Digby Associates’ hat-trick of acquisitions handled by Barcan+Kirby

June 10, 2021
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Wealth manager Digby Associates’ hat-trick of acquisitions handled by Barcan+Kirby

Bristol law firm Barcan+Kirby has advised wealth management and financial planning firm Digby Associates, also based in the city, on three acquisitions so far this year. Digby Associates took over the financial advice businesses and client banks based in Bristol, Gloucestershire and Hertfordshire as part of its ongoing growth...

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More funding for software pioneer on a mission to help firms in the home improvement market

June 9, 2021
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More funding for software pioneer on a mission to help firms in the home improvement market

Payaca, a Bristol software business revolutionising the way home improvement firms manage their workloads, has clinched £400,000 in funding, enabling it to create seven jobs over the next six months. The firm has developed job management software that is successfully being used by more than 260 businesses to manage everything from creating interactive proposals with multiple payment options through to integrations...

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Plea to PM ahead of G7 Summit to pave way for more sustainable business amid global climate crisis

June 8, 2021
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Plea to PM ahead of G7 Summit to pave way for more sustainable business amid global climate crisis

The region’s largest business group has urged the Prime Minister to help create a more sustainable future for business at this weekend’s G7 summit in Cornwall. The British Chambers of Commerce South West (BCCSW) – which includes Bristol Chamber of Commerce parent group Business West – has written to...

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New partner appointment and director promotions strengthen Deloitte in the region

June 8, 2021
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deloitte

Global accountancy group Deloitte’s South West operation has made eight key promotions, including a new partner, in a move it says underlines its commitment to promote talent from within. Hamish McFadyen, pictured, is its new consulting partner in Deloitte Digital, where he specialises in the strategy, design, implementation and operation of...

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New Bristol Water owner promises better deal for customers following £425m acquisition

June 4, 2021
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New Bristol Water owner promises better deal for customers following £425m acquisition

South West utilities group Pennon has vowed to invest in Bristol Water, which it bought this week for £425m, promising a better service for its 1.2m customers. Exeter-based Pennon, which already owns South West Water, bought Bristol Water from multinational asset management firm iCON Infrastructure and Itochu, one of...

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Acquisitive Welsh building materials group snaps up long-standing Bristol timber firm

June 4, 2021
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Acquisitive Welsh building materials group snaps up long-standing Bristol timber firm

Bristol-based timber supplier Taylor Maxwell Group, which started life in 1959 as a brick and timber merchant operating from one showroom in the city, has been acquired by a smaller rival in a deal worth up to £63m. Key senior management and around 190 staff will transfer to new...

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Event: Ensuring people and communities are at the heart of the transition to zero carbon

June 4, 2021
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Event: Ensuring people and communities are at the heart of the transition to zero carbon

The role of the financial services sector in the drive towards a low carbon economy will be explored at an event to be staged next week by Bristol-based green investment firm Rathbone Greenbank. Its 24th annual Investor Day – which this year takes place virtually – will look at...

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