The CBI said Chancellor Rishi Sunak’s decision to hike Corporation Tax to 25% in one leap – the first increase since 1974 – would “cause a sharp intake of breath” for many businesses. It also warned that the move – which is planned to come into effect in 2023...
Chancellor Rishi Sunak has delivered his Budget this afternoon. The main points are: No rise in VAT, income tax or national insurance Corporation tax to rise from 19% to 25% from 2023 but only 10% largest companies will pay, Chancellor claims Two-year ‘super deduction’ in tax for companies that invest...
Bristol-headquartered Stride Treglown has become the first top 100 UK architecture firm to gain a B Corp certification, reflecting its commitment to people and planet over profit. The firm, which is employee-owned and has 300 staff across its eight offices, said the “challenging and rigorous” six-month assessment process to...
Bristol start-up Spherics, whose innovative platform helps small firms measure, mitigate and manage their environmental impact, has been named as one of the rising stars of the UK tech sector. Spherics’ accessible tool for environmental reporting and management fills a gap in the market, empowering small businesses to monitor...
The next West of England mayor must show vision and ambition to spearhead the region’s Covid recovery and build a sustainable, long-term prosperity capable of matching London’s economic strength, according to the CBI. The business group this week launched its blueprint for the West of England’s future, which urges...
Land and buildings in Bristol suitable for small residential developments are being sought by socially focussed investment group Bristol & Bath Regional Capital (BBRC) as it aims to help tackle the city’s housing crisis. The group, owned and supported by regional organisations including Bristol City Council, the University of...
The Bristol office at international law firm Womble Bond Dickinson (WBD) has pledged its support to a number of organisations working to tackle food poverty in the city. The initiative, which is donating funds to East Bristol Foodbank and food redistribution charity FareShare South West, forms part of a...
Renewable energy developer BayWa r.e. UK has made another acquisition in Scotland with the support of a multidisciplinary team from Bristol-headquartered law firm Burges Salmon. BayWa r.e. UK, an arm of German group BayWa r.e, is the new owner of the proposed High Constellation site, having bought it from...
Zap-Map, the Bristol-based electric vehicle mapping service, has strengthened its senior leadership team by appointing an interim CEO and commercial director as it charts further rapid growth. Richard Bourne, pictured, joins the firm, majority owned by renewable energy group Good Energy, in the interim CEO role and work alongside...
Bristol firms hit by Covid-19 restrictions can apply for financial assistance through a new round of discretionary business grants – but should be quick as funding is limited. The pay outs are specifically for businesses that have been severely financially impacted by restrictions during the city’s Tier 2, Tier...
An ambitious, long-term sustainability programme has been launched by TLT, the Bristol-headquartered national law firm, to make it a net zero emissions organisation within four years. The plan includes assessing its greenhouse gas emissions and establishing carbon reduction targets among other measures. TLT, which employs more than 120 partners...
Bristol-based specialist energy investment company Thrive Renewables has become the latest firm in the city to be certified as a B Corporation, proving its commitment to people and planet over profit. B Corp businesses must meet the highest standards of verified social and environmental performance, public transparency and legal...
A platform for investment into the burgeoning UK anaerobic digestion (AD) sector has secured an £85m debt financing with the help of a team from experts from Bristol-headquartered national law firm Burges Salmon. The syndicated financing, provided by NatWest, Allied Irish Banks and Banco Sabadell, will be used by...
