Finance

Innovation partnership SETsquared’s £3.8bn boost to economy creates 9,000 jobs

December 4, 2014
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Innovation partnership SETsquared’s £3.8bn boost to economy creates 9,000 jobs

Hi-tech start-ups incubated by SETsquared, the innovation hub backed by the University of Bristol, have created 9,000 jobs and contributed a staggering £3.8bn to the UK economy, research released today shows. The figures, which emerge from a study commissioned from Warwick Economics & Development, are based on the 1,041...

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Autumn Statement: Bristol Business reaction

December 3, 2014
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The Chancellor produced a balanced Autumn Statement that addressed business concerns around rates reform and finance, according to Bristol business leaders. James Durie, executive director of Bristol Chamber of Commerce at Business West, described it as a “crowd-pleasing” set of proposals for business, particularly its pledge for a major...

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Friends Life jobs in Bristol at risk after it agrees to Aviva takeover

December 2, 2014
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Friends Life jobs in Bristol at risk after it agrees to Aviva takeover

Jobs are at risk at Bristol pensions company Friends Life after its directors agreed to sell the business to UK insurance giant Aviva for £5.6bn. The deal will create the UK’s largest insurance, savings and asset management firm. The boards of the two businesses have been negotiating a deal...

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Accountants Bishop Fleming’s award-winning tax team boosted by arrival of new director

December 1, 2014
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Accountants Bishop Fleming’s award-winning tax team boosted by arrival of new director

Fast-growing West of England accountancy firm Bishop Fleming, which has an office in Bristol, has added another tax director to the team which holds the title of ‘Best Tax Practice in a Regional Firm’. The latest recruit is Isobel Savage, previously head of the tax at Old Mill in...

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SETsquared’s Shard showcase serves as launchpad for two new innovation projects

November 28, 2014
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SETsquared’s Shard showcase serves as launchpad for two new innovation projects

Innovation incubator SETsquared, which is backed by the University of Bristol, has unveiled two new projects – a £3.2m programme to speed up the commercialisation of university research and a partnership with academic health science networks to help NHS patients. The double boost was announced as it staged a...

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Smith & Williamson welcomes 450 guests to its annual client event at the RWA

November 28, 2014
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Smith & Williamson welcomes 450 guests to its annual client event at the RWA

Business owners and directors, professional advisers and private clients were among the 450-plus guests who attended accountancy firm Smith & Williamson’s annual client event at the Royal West of England Academy (RWA) in Clifton. The accountancy and investment management group hosted the drinks reception to enable its guests to...

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Private equity stake puts flight simulator firm Stirling Dynamics on course for growth

November 28, 2014
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Private equity stake puts flight simulator firm Stirling Dynamics on course for growth

Stirling Dynamics, the Bristol-based specialised advanced engineering firm, is to step up product development after selling a majority stake to private equity house Endless. The firm, which employs 102 people, provides advanced engineering design services to the aerospace, marine and energy sectors focusing on active control technologies, aerospace engineering...

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South African finance giant to create 100 jobs at new Bristol tech base

November 21, 2014
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South African finance giant to create 100 jobs at new Bristol tech base

More than 100 ‘fintech’ jobs are to be created in Bristol by one of South Africa’s largest financial services groups in a move that was today welcomed by Prime Minister David Cameron. MMI Holdings, which acquired Bristol-based financial technology firm Blue Speck Financial earlier this year, plans to open...

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Bristol tech pioneers take pitching for investment to new level in Europe’s tallest building

November 21, 2014
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Bristol tech pioneers take pitching for investment to new level in Europe’s tallest building

Two of Bristol’s most-exciting tech innovators are to bid for funding worth £30m in front of an audience made up of some of the UK’s top investors. The firms, based in the city’s SETsquared innovation incubator, will take part in the real-life Dragon’s Den-style showcase at The Shard in...

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Two HR appointments at accountants Bishop Fleming to meet growth in staffing levels

November 19, 2014
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Two HR appointments at accountants Bishop Fleming to meet growth in staffing levels

West Country accountancy firm Bishop Fleming, which has an office in Bristol, has made two senior HR appointments to support its continued growth. Alison Dale joins as learning and development manager to oversee the firm’s training and career growth systems for the 300 staff spread across its seven offices...

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Tax partner joins BDO’s Bristol office as part of its expansion programme

November 19, 2014
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Tax partner joins BDO’s Bristol office as part of its expansion programme

BDO, the national accountancy and business advisory firm, has strengthened its Bristol office with the appointment of Paul Falvey as tax partner. Paul, pictured, has been based in Bristol for 17 years, most recently at Baker Tilly where he spent five years as a partner specialising in corporate tax...

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Bristol ‘touchless technology’ pioneer gains funding to speed up product development

November 14, 2014
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Bristol ‘touchless technology’ pioneer gains funding to speed up product development

Ultrahaptics, the innovative University of Bristol spin-out company developing technology that uses ultrasound to create the feeling of touch in mid-air, has secured a £600,000 investment to accelerate product development. The funding has been led by London Stock Exchange-listed IP Group and one of its managed funds. It will...

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Event aims to demystify private equity for entrepreneurs

November 13, 2014
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Event aims to demystify private equity for entrepreneurs

Bristol entrepreneurs and small business owners are being offered a rare chance to meet some of the region’s most-active dealmakers at an event in the city aimed at demystifying private equity and highlighting finance options for growth, succession and exit. The ‘Inside Private Equity’ event is being staged by...

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