Finance

ACE appointment strengthens global insurer’s position in South West

December 13, 2013
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ACE appointment strengthens global insurer’s position in South West

Property insurance group ACE has appointed Ian McFadyean as business development manager for the South West and Wales as it continues to invest in its UK regional offices. In the newly-created role, Ian, pictured, will be responsible for developing new and existing business across the region as well as managing...

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Business development manager takes up regional post at finance group Lombard

December 12, 2013
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Business development manager takes up regional post at finance group Lombard

Asset finance provider Lombard has appointed Paul Jenkins as business development manager for its South West and South Wales regions. Paul, pictured, who will be based in Bristol and report to director of asset finance David Connolly, will draw on his extensive experience in the vehicle rental sector to...

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HSBC financing package funds major expansion at cheese firm

December 11, 2013
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HSBC financing package funds major expansion at cheese firm

West cheese maker Alvis Brothers is increasing production by nearly a third after receiving a seven figure finance package from HSBC. The funding will support further growth at the Redhill, North Somerset firm, including expansion of its milking and packing facilities to meet growing demand in the UK and around...

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Funders ready to back the best of Bristol’s creative sector, event hears

December 6, 2013
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Funders ready to back the best of Bristol’s creative sector, event hears

Investors are keen to get involved with Bristol’s ambitious media and creative businesses, a high-profile panel discussion led by some of the city’s best-known names in the industry has heard. The event, staged by the Bristol office of accountancy and investment management group Smith & Williamson, attracted film-makers, animators,...

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Surprise decline in exports from region prompts fresh action to get West firms to trade overseas

December 6, 2013
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Surprise decline in exports from region prompts fresh action to get West firms to trade overseas

Efforts to get more South West firms to export are being stepped up after new figures showed the first fall in overseas sales from the region for more than a year. Exports by value dropped by 3.3% in the third quarter to £3.32bn, sparked by a fall-off in h...

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Autumn Statement: Property industry reaction

December 5, 2013
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Autumn Statement: Property industry reaction

The property industry expressed concern over plans to charge capital gains tax on foreign residential investors from April 2015, but has welcomed the Chancellor’s decision to at least consult on the proposals before their introduction. The British Property Federation (BPF) had warned the Treasury that the tax hike would...

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Autumn Statement: Reaction to pension changes

December 5, 2013
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Autumn Statement: Reaction to pension changes

The Chancellor confirmed in his Autumn Statement that the State pension age will rise to 68 in the mid-2030s and 69 in the late 2040s. Mark Packham, head of pensions for accountants PwC in Bristol, said: “Linking the State pension age to life expectancy means we could easily see...

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Far-reaching LEP plan puts West of England’s innovation at heart of growth agenda

November 22, 2013
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Far-reaching LEP plan puts West of England’s innovation at heart of growth agenda

An ambitious plan is being drawn up to harness Bristol and the West of England’s creativity and innovation to potentially create more than 100,000 jobs over the next 17 years. The emphasis will be on five key sectors spanning digital to aerospace, and in which the area is already...

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Accountant with a passion for food tastes success in prestigious chef of the year awards

November 22, 2013
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Accountant with a passion for food tastes success in prestigious chef of the year awards

By day Bristol-based accountant Steve Ashworth dishes out advice to firms on employment tax. But in his spare time he swaps his suit for an apron and his laptop for a ladle as a budding chef. Now his culinary hard work has paid off and he has scooped first...

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Temple Quay move by Santander as it continues to grow its Bristol corporate and commercial team

November 20, 2013
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Temple Quay move by Santander as it continues to grow its Bristol corporate and commercial team

Santander has relocated its Bristol-based corporate and commercial team into new offices in the city as a result of its continued growth. The move, from Baldwin Street to Glass Wharf at Temple Quay, is part of the bank’s strategic plan to grow its presence across the UK. Santander said...

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Law firm DAC Beachcroft secures £40m finance package to fund more expansion

November 18, 2013
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Law firm DAC Beachcroft secures £40m finance package to fund more expansion

Further growth at law firm DAC Beachcroft is on the cards following the agreement of a four-year £40m finance package with the Bristol-based teams at Lloyds Bank Commercial Banking and HSBC Commercial Bank. DAC Beachcroft last week snapped up the entire volume claims and catastrophic insurance teams of smaller...

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Pleas for Chancellor to use Autumn Statement to freeze business rates – but do nothing else

November 18, 2013
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Pleas for Chancellor to use Autumn Statement to freeze business rates – but do nothing else

The managing partner of West accountants Bishop Fleming has a simple, one-word recommendation for what Chancellor George Osborne should do in his Autumn Statement next month – nothing. Matthew Lee believes if the Chancellor, pictured, is serious about ensuring the economic recovery takes hold and benefits business then he...

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Wealth management title adds to growing awards tally at Smith & Williamson

November 15, 2013
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Wealth management title adds to growing awards tally at Smith & Williamson

Investment management and accountancy group Smith & Williamson has won the Steady Growth category at the Citywire Wealth Manager Investment Performance Awards. The firm, which employs more than 170 people at its Bristol office, was also shortlisted in the Large Firm and Aggressive categories. Head of investment management at...

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