Finance

Former defence industry boss takes over as Institute of Directors regional chair

November 4, 2021
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Former defence industry boss takes over as Institute of Directors regional chair

The Institute of Directors (IoD) has appointed former defence electronics industry executive Steve Hill as the new chair of its South West region. Steve, pictured, has been vice-chair since July and succeeds Muir Macdonald following the completion of his three-year term as chair.  In his new role Steve will...

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Children’s hospice looking to expand its business club with hundreds more members

November 4, 2021
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Children’s hospice looking to expand its business club with hundreds more members

Three hundred firms from across the South West are being sought to join the region’s children’s hospice business club and support it in helping make a difference to young people with life-limiting illnesses and their families. The Children’s Hospice South West (CHSW) set up the club earlier this year...

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Chancellor gave us cold shoulder in Budget, Bristol hotel bosses say as their costs continue to spiral

November 3, 2021
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Chancellor gave us cold shoulder in Budget, Bristol hotel bosses say as their costs continue to spiral

Hotel bosses in Bristol have hit out at Chancellor Rishi Sunak, accusing him of offering them nothing but cold comfort for the winter in last week’s Budget. Like many businesses in the hospitality sector, they had hoped for an extension to the reduced VAT rate.  But while Mr Sunak...

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Experienced risk advisor takes up director role in Tilney Smith & Williamson’s Bristol office

November 3, 2021
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Experienced risk advisor takes up director role in Tilney Smith & Williamson’s Bristol office

The Bristol office of management and professional services group Tilney Smith & Williamson has appointed Amanda Smith as a director in its fast-growing risk advisory practice. Amanda, pictured, has nearly 20 years’ professional experience leading on risk, assurance, and controls transformation and has worked across a range of clients...

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Sharp rise in insolvencies prompts warning to directors to be alert to looming trading problems

November 3, 2021
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Sharp rise in insolvencies prompts warning to directors to be alert to looming trading problems

An insolvency expert has urged Bristol’s directors to seek advice at the first signs of business distress following the release of statistics showing corporate failures have risen by more than 40% over the past year. Philip Winterborne, South West chair of trade body R3, made the plea after third...

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Rapid-growth fleet management tech firm drives strong return on investment for BGF

October 29, 2021
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Rapid-growth fleet management tech firm drives strong return on investment for BGF

Finance group BGF’s Bristol office has successfully exited an in-car technology business described as the ‘fitbit for cars and vans’ having more than tripled its initial £3.2m investment in three years. BGF backed Exeter-based Lightfoot in October 2018, with its funding used to drive growth in the pioneering fleet...

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Bristol angel investors back pioneering firm developing food packaging from seaweed

October 29, 2021
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Bristol angel investors back pioneering firm developing food packaging from seaweed

Innovative bioplastic food packaging made from seaweed is a step closer to supermarket shelves after the firm behind it secured funding from a group of Bristol investors. Sustainable biotech business Kelpi invented the compostable material to replace single-use fossil fuel plastics, which take hundreds of years to decompose. Over...

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FareShare South West calls on Bristol firms to back its FoodStock 2021 campaign

October 28, 2021
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FareShare South West calls on Bristol firms to back its FoodStock 2021 campaign

Bristol businesses are being urged to support FareShare South West, the region’s largest food redistribution charity, as it prepares to launch its emergency winter campaign FoodStock 2021. FareShare South West, which supplies food to more than 350 frontline organisations, aims to build a stockpile of ambient food with the...

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Experienced VAT partner joins Bishop Fleming to expand its specialist tax service

October 28, 2021
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Experienced VAT partner joins Bishop Fleming to expand its specialist tax service

Regional accountancy group Bishop Fleming plans to grow its VAT offering following the appointment of a specialist tax partner. Len Dean joins as VAT partner and will head its VAT team. The move takes the partnership at the firm, which has the largest of its seven offices in Bristol,...

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Strong growth for Bristol TV firm behind some of the world’s top natural history programmes

October 28, 2021
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Strong growth for Bristol TV firm behind some of the world’s top natural history programmes

Bristol TV production company Plimsoll Productions, the world’s biggest independent natural history programme maker, has achieved a 65% sales growth over the past year despite the challenges of operating during the pandemic. The firm, which has been backed by mid-market private equity firm LDC since August 2019, clocked up...

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AUTUMN BUDGET 2021: Bristol property sector reaction

October 28, 2021
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AUTUMN BUDGET 2021: Bristol property sector reaction

The 50% business rate cut for retail, leisure and hospitality firms will bring relief to high streets and their small, independent shops, according to property consultants Cushman & Wakefield’s South West managing partner Tim Davis. “It will have a real impact on businesses that are still recovering from the...

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AUTUMN BUDGET 2021: Bristol business reaction

October 28, 2021
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AUTUMN BUDGET 2021: Bristol business reaction

Many businesses in Bristol were hoping for a game-changing Budget to tackle the immense problems they face – but according to the regional branch of the FSB (Federation of Small Businesses) this doesn’t feel like one. FSB development manager for Bristol, Bath & South Gloucestershire, Sam Holliday, pictured, said:...

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AUTUMN BUDGET 2021: Business West says region losing out again despite Sunak’s ‘levelling up’ claim

October 27, 2021
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AUTUMN BUDGET 2021: Business West says region losing out again despite Sunak’s ‘levelling up’ claim

Business West, the region’s largest business group, said many firms would “remain muted in their enthusiasm” for a Budget that failed to address the scale of the post-Covid challenges they face. The organisation, which runs Bristol Chamber of Commerce, also claimed the West of England had again missed out...

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