Finance

Bank calls on youth empowerment group Babbasa to help it create a more inclusive workplace

November 24, 2023
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Bank calls on youth empowerment group Babbasa to help it create a more inclusive workplace

The Bristol headquarters of international ethical bank Triodos has hailed its partnership with city-based social enterprise Babbasa as it aims to deliver on its mission to create a thriving society that promotes quality of life for all. The link-up was launched in May to give Triodos staff training and...

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Osborne Clarke team seals deal for the sale of NHS pharmaceutical offshoot to private equity firm

November 23, 2023
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Osborne Clarke team seals deal for the sale of NHS pharmaceutical offshoot to private equity firm

The Bristol corporate team at international law firm Osborne Clarke has advised on the sale of a pharmaceuticals services firm that started in the backroom of an NHS hospital in the 1970s. The lawyers worked with the management team of Torbay Pharmaceuticals on its takeover by private equity firm...

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European data transformation market disruptor bags $15.9m investment with help from ICON

November 23, 2023
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European data transformation market disruptor bags $15.9m investment with help from ICON

ICON Corporate Finance, the Bristol-headquartered tech-focused investment bank, has advised a fast-growing Belgian automated data transformation company on its $15.9m (£13.1m) funding round as it prepares to enter the UK market. Led by London-based Octopus Ventures, the investment will enable VaultSpeed to expand its strong international presence with a...

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£7m funding package boosts recycling firm’s mission to slim down Bristol’s waste

November 23, 2023
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£7m funding package boosts recycling firm’s mission to slim down Bristol’s waste

Bristol-based waste management firm ETM Recycling is making significant upgrades to its state-of-the-art facilities in the city thanks to a £7m funding boost from NatWest. The firm, which operates the South West’s largest waste management fleet, will use the cash injection to strengthen its recycling capabilities while also creating...

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Autumn Statement 2023: Business West says region has missed out yet again

November 22, 2023
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Autumn Statement 2023: Business West says region has missed out yet again

Business West, the region’s largest business organisation, voiced its disappointment that, once again, the West of England had been overlooked when it came to major government spending commitments. Its director of policy Matt Griffith, pictured, pointed out the region had failed to be selected as one of the government’s...

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Autumn Statement 2023: Regional political reaction

November 22, 2023
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Autumn Statement 2023: Regional political reaction

West of England Metro Mayor Dan Norris attacked Chancellor Jeremy Hunt’s Autumn Statement for failing to tackle key, long-standing issues for the region. The Labour mayor, pictured, who leads the West of England Combined Authority, said: “After 13 years of Conservative Government, the question West of England residents will...

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Autumn Statement 2023: Bristol business reaction

November 22, 2023
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Autumn Statement 2023: Bristol business reaction

Bristol business figures have reacted to Chancellor Jeremy Hunt’s Autumn Statement.  Albert Goodman chartered accountants’ Bristol-based tax specialist Sam Wood, pictured, said reducing the SME R&D intensity ratio requirement from 40% to 30% may help benefit a further 5,000 SMEs access cash credits. “This is a somewhat positive step...

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Autumn Statement 2023: Key points . . .

November 22, 2023
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Autumn Statement 2023: Key points . . .

Chancellor Jeremy Hunt has delivered his Autumn Statement. The key points were: The statement included 110 measures to boost the economy by £20bn a year, according to Mr Hunt. All alcohol duties frozen.  Benefits to go up by 6.7% next year, based on the inflation rate for September. Increase in...

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Bristol software developer named among UK’s rapid-growth tech firms for second year in a row

November 17, 2023
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Bristol software developer named among UK’s rapid-growth tech firms for second year in a row

Deazy, the Bristol specialist software firm, has been ranked as one of the UK’s fastest-growing tech businesses for the second year in running. The firm, which launched in 2016 with a mission to make development easy, appears at number 40 in the 2023 UK Technology Fast 50 league table,...

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Ethical investment network set up in Bristol for individuals wishing to make a positive impact

November 17, 2023
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Ethical investment network set up in Bristol for individuals wishing to make a positive impact

A network of investors who want to drive social change in Bristol has been launched at an event hosted by accountants Evelyn Partners’ office in the city. The firm teamed up with Bristol-based investment platform Ethical Equity to support the launch of the community of angel investors supporting ethical...

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Albert Goodman urges Chancellor to boost region’s tech innovators in next week’s Autumn Statement

November 16, 2023
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Albert Goodman urges Chancellor to boost region’s tech innovators in next week’s Autumn Statement

South West accountancy firm Albert Goodman has called on Chancellor Jeremy Hunt to provide some much-needed certainty on research and development (R&D) tax relief for the region’s tech companies in next week’s Autumn Statement. While the sector continues to play a vital role in the South West economy, with...

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Experienced commercial director joins Solarsense as it powers ahead with further growth

November 14, 2023
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Experienced commercial director joins Solarsense as it powers ahead with further growth

Renewable energy specialist Solarsense has appointed a new commercial director as it looks to double turnover in a fast-growing market. Ashley Wood, pictured, right with Solarsense MD Stephen Barrett, joins the firm, which was launched nearly 30 years ago, from the UK office of the global engineering company Osborn,...

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Fast-growing national property chain snaps up Bristol chartered surveyor firm in £1m deal

November 10, 2023
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Fast-growing national property chain snaps up Bristol chartered surveyor firm in £1m deal

A Bristol chartered surveying business has been acquired by a major national property consultancy in a deal worth up to £1m. Andrew Forbes Surveyors, which has operated since 1995 and provides commercial valuation and building consultancy services across the South West, has been taken over by Eddisons, part of...

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