Finance

CORONAVIRUS UPDATE: All pubs, bars and restaurants to close tonight as Chancellor announces ‘unprecedented’ support for firms

March 20, 2020
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CORONAVIRUS UPDATE: All pubs, bars and restaurants to close tonight as Chancellor announces ‘unprecedented’ support for firms

Pubs, cafes and restaurants must close down this evening, Prime Minister Boris Johnson has announced, as Chancellor Rishi Sunak unveiled a massive package of measures to support businesses and their workers. The government is to pay 80% of wages for employees not working, up to £2,500 a month, Mr...

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Bristol named among Europe’s top cities for tech growth as it embraces Artificial Intelligence

March 20, 2020
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Growth in its use of Artificial Intelligence has resulted in Bristol being named as one of Europe’s ‘top-scaling’ tech cities. The latest accolade for the city – which has regularly appeared at or near the top of similar league tables – comes in the latest annual Tech Nation Report....

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Welcome for delay to controversial IR35 changes

March 20, 2020
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Welcome for delay to controversial IR35 changes

The government’s decision to delay the roll-out of IR35 to the private sector for another 12 months has been welcomed by Bristol-based human resources outsourcing specialist The HR Dept. The off-payroll working rules were due to be controversially introduced to the private sector next month but have been postponed...

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Outsourced fulfilment firm to deliver more growth after investment from logistics giant

March 20, 2020
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Outsourced fulfilment firm to deliver more growth after investment from logistics giant

A Bristol firm that helps small e-commerce firms distribute their products has received a major investment from an international logistics group. The undisclosed funding from Maersk Growth, the corporate venture arm of the global shipping container giant, will allow Emersons Green-based Huboo to continue its rapid growth.  Huboo’s innovative...

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Bristol corporate teams work with specialist UK software firm on its takeover by US group

March 20, 2020
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Bristol corporate teams work with specialist UK software firm on its takeover by US group

The corporate team at Bristol-headquartered national law firm Burges Salmon and Bristol-based ICON Corporate Finance have advised the shareholders of UK transportation management software firm Paragon Software Systems on its acquisition by US tech giant Aptean. Surrey-based Paragon has provided market-leading software to the food and beverage, distribution and...

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Coronavirus update: Interest rates slashed to lowest-ever level of 0.1% by Bank of England

March 19, 2020
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Coronavirus update: Interest rates slashed to lowest-ever level of 0.1% by Bank of England

The Bank of England has cut interest rates to 0.1% – their lowest level ever – as it attempts to deal with the economic fall-out from the coronavirus pandemic. The move is the second emergency cut in just over a week prompted by the outbreak – last week the...

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Two senior associate promotions at Barcan+Kirby increases partnership to 18

March 19, 2020
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Two senior associate promotions at Barcan+Kirby increases partnership to 18

Bristol law firm Barcan+Kirby has promoted two of its senior associates – Anna Molter and Rob Davenport – to partner. The move brings the total number of partners in the firm to 18. It also maintains the gender balance of the partnership. Anna joined Barcan+Kirby’s private client team in...

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Business West training scheme in the running for blue-chip national recruitment award

March 18, 2020
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Business West training scheme in the running for blue-chip national recruitment award

A training programme staged by Business West, the region’s largest business organisation, has been nominated alongside the likes of Apple and Google at a prestigious national awards scheme. Pathways to International Trade, which is in its sixth year, involves talented undergraduate students undergoing an intensive four-day training course in...

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Coronavirus update: Chancellor announces emergency measures to support businesses

March 17, 2020
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Coronavirus update: Chancellor announces emergency measures to support businesses

Chancellor Rishi Sunak has unveiled an emergency £330bn package to support businesses during the coronavirus crisis. Mr Sunak, pictured, said the move was equivalent to 15% of the UK’s GDP and added that if demand was greater than the initial £330bn he would go further and provide as much...

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Four more new joiners boost Smith & Williamson’s Bristol office

March 17, 2020
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Four more new joiners boost Smith & Williamson’s Bristol office

National accountancy firm Smith & Williamson has welcomed four new arrivals to its Bristol office across a range of teams and levels of seniority. James Barrell has become an associate director in Smith & Williamson’s assurance and business services team, joining from RSM’s Bristol office where he spent nearly...

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KPMG shuts Bristol office for day in face of rising fears over coronavirus’s threat to business

March 13, 2020
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KPMG shuts Bristol office for day in face of rising fears over coronavirus’s threat to business

More than 500 people working at global accountancy group KPMG’s Bristol office were told to work from home today as the city begins to come to terms with the rapid spread of coronavirus. KPMG’s decision to close the Queen Square office – along with its London headquarters – is...

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It’s time to turn the tables on your rivals as Ping Pong Fight Club prepares to return to Bristol

March 13, 2020
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PPFCLD18 Shandshake

The battle of the bats returns to Bristol in May when the city’s third Ping Pong Fight Club takes place – and businesses are being urged to sign up to enter teams for the unique, all-action event.  This year the popular table-top challenge moves to the larger venue of...

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Call goes out to Bristol’s creative businesses to join pioneering scale-up programme

March 12, 2020
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Call goes out to Bristol’s creative businesses to join pioneering scale-up programme

Bristol creative businesses that want to expand are being encouraged to bid for a new funding programme before its March 31 deadline. The Creative Scale Up programme, run by the West of England Combined Authority (WECA) and financed by the Department for Digital, Culture, Media & Sport, aims to...

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