Finance

Recovery triggers pick up in activity for West’s buyout market

March 28, 2014
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Recovery triggers pick up in activity for West’s buyout market

Buyout activity in the South West is growing at a “steady rate” with five deals worth £25m completed so far this year and a healthy pipeline waiting for completion, according to new research. The figures, published by the Centre for Management Buyout Research (CMBOR), show growth in completions across...

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Advice: Why accounting for business entertaining needn’t be too taxing

March 28, 2014
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Advice: Why accounting for business entertaining needn’t be too taxing

With another tax year about to end, businesses need to consider how they are treating expenditure on entertainment, both in their own tax workings and the annual employer returns to HMRC. Paul Bray, pictured, a tax partner in the Bristol office of accountancy and investment management group, Smith &...

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Sale of showpiece Bristol office building signals market recovery

March 28, 2014
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Sale of showpiece Bristol office building signals market recovery

One of Bristol city centre’s newest office buildings has been sold for the second time in just over two years – earning its owner a profit of nearly £3m and heralding a strong recovery in the city’s commercial property market. The Paragon, on the corner of Victoria Street and...

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Students and business leaders to get lesson in Bristol’s economic outlook from top economist

March 21, 2014
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Students and business leaders to get lesson in Bristol’s economic outlook from top economist

Lloyds Bank’s chief economist Trevor Williams will share his views on the prospects for Bristol’s economy with business leaders and students when he visits the city on Monday. Mr Williams, pictured, will address a business breakfast organised by ICAEW (Institute of Chartered Accountants of England and Wales) at the...

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BUDGET 2014 in numbers

March 19, 2014
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BUDGET 2014 in numbers

55 Minutes the Chancellor took making his Budget speech today 5 It was Mr Obsorne’s fifth Budget since he became Chancellor in 2010 £2,000 The amount that working families will be able to claim to subsidise their childcare, announced yesterday ahead of the Budget £6.50 New rate for the...

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BUDGET 2014: Business wish-list

March 19, 2014
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BUDGET 2014: Business wish-list

Business West has called on Chancellor George Osborne to use today’s Budget to focus on youth employment, training and enterprise – all crucial to securing future growth and avoiding a ‘lost generation’ as the UK economy continues to recover, it says. In its 2014 Budget submission, the business support...

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Bristol directors urged not to miss out on region’s top boardroom awards

March 18, 2014
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Bristol directors urged not to miss out on region’s top boardroom awards

Directors in Bristol firms have less than two weeks to enter the region’s top business awards that recognise boardroom excellence and enterprise. The South West Institute of Directors (IoD) Awards 2014 are open to anyone working at director level in any type of business or organisation – they do...

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Bristol finance firm boss pioneers alternative funding scheme for small businesses

March 14, 2014
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Bristol finance firm boss pioneers alternative funding scheme for small businesses

The chairman of Bristol finance firm Clifton Asset Management has played the lead role in a unique collaboration launched this week between the UK’s main alternative business funders which aims to help small firms access funding. The web portal – alternativebusinessfunding.co.uk – is the result of a link-up between...

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HMRC arrest Bristol man in raids linked to suspected £30m VAT scam

March 13, 2014
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HMRC arrest Bristol man in raids linked to suspected £30m VAT scam

A fifty-six-year-old Bristol man is among 15 arrested across the country as part of an HM Revenue and Customs (HMRC) investigation into a suspected £30m VAT fraud linked to the electronic communications industry. HMRC officers made the arrests during raids yesterday morning in nine cities across the UK, including...

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Strong recovery in exports from West as euro crisis subsides

March 12, 2014
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Strong recovery in exports from West as euro crisis subsides

Exports by West firms are growing again after going into reverse last autumn in the midst of the euro crisis, new figures show. Total overseas sales shot up by 7.5% to £13.67bn in the year to December 2013 compared to 2012. Exports by value had dropped by 3.3% in...

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West’s ‘overlooked’ mid-sized firms are real engine of growth for region, research reveals

March 11, 2014
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West’s ‘overlooked’ mid-sized firms are real engine of growth for region, research reveals

A wish list of measures to help the West’s mid-sized businesses – regarded as the secret success story of the region’s economy – has been drawn up to further boost their growth. Research by accountants Grant Thornton, which compiled the recommendations, shows mid-tier firms are strongly outperforming both smaller...

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Unite seeking £100m to accelerate student property development in key cities

March 6, 2014
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Unite seeking £100m to accelerate student property development in key cities

Bristol-based student accommodation specialist Unite is to raise around £100m through new shares to speed up its development programme in key UK university cities. The firm said half the new funding would be used in this way to take advantage of cyclically-low development costs. The other half will be...

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Rowan Dartington co-founders re-unite at Bristol investment specialists Alpha Portfolio

February 28, 2014
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Rowan Dartington co-founders re-unite at Bristol investment specialists Alpha Portfolio

Bristol-based investment specialists Alpha Portfolio Management has recruited Mark Sevier in a move that re-unites him with ex-colleague and fellow Rowan Dartington co-founder Andrew Morris. Alpha was launched last year by Bristol investment management firm RC Brown as a third party discretionary service led by Andrew Morris, who has...

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