Blog Archives

Economic uncertainty and lower consumer spending blamed for big rise in profit warnings

July 20, 2023
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Economic uncertainty and lower consumer spending blamed for big rise in profit warnings

Profit warnings from South West companies listed on the London Stock Exchange soared by 66% in the first half of this year as the cost of living crisis hit consumers. According to new research by international accountancy group EY, 15 warnings were issued by quoted firms in the region...

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Record annual lending by region’s alternative funder creates or safeguards nearly 1,500 jobs

July 20, 2023
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Record annual lending by region’s alternative funder creates or safeguards nearly 1,500 jobs

Regional alternative finance lender South West Investment Group (SWIG) lent a record £14m to ambitious small and medium-sized businesses across the region in the past year, new figures show. The non-profit group, which supports viable businesses that cannot secure sufficient funding from their bank, provided 559 loans to 478...

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Sunseekers eager to jet away this summer will give Bristol Airport its busiest-ever holiday period

July 20, 2023
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Sunseekers eager to jet away this summer will give Bristol Airport its busiest-ever holiday period

Bristol Airport is preparing for its busiest-ever summer getaway, with more than 1.5m passengers planning to use it during the holiday period. Up to 37,000 people are expected at the airport on some days over the August bank holiday weekend – the highest number since before Covid devastated air...

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Three partner promotions in WBD’s Bristol office recognise commitment of long-serving lawyers

July 19, 2023
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Transatlantic law firm Womble Bond Dickinson (WBD) has appointed three new Bristol-based partners among a raft of senior promotions across its UK offices. The Bristol trio are Ronan Lowney, who advises on tax aspects of transactions, corporate finance team member Alex Fergus and Louise Norman, the firm’s Deputy General...

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Leading diagnostic medical testing firm’s latest acquisition handled by Clarke Willmott Bristol team

July 19, 2023
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Leading diagnostic medical testing firm’s latest acquisition handled by Clarke Willmott Bristol team

A team from national law firm Clarke Willmott’s Bristol office has advised a long-term client on a major healthcare deal involving the UK’s largest medical testing company of its kind. The Clarke Willmott lawyers worked with health assessment and laboratory testing business Inuvi on its acquisition of Express Diagnostics....

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Another vertical farming deal for Burges Salmon as it grows its reputation in expanding sector

July 19, 2023
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Another vertical farming deal for Burges Salmon as it grows its reputation in expanding sector

Bristol-based national law firm Burges Salmon has strengthened its standing as one of the few law firms specialising in the fast-growing vertical farming sector by advising on a major investment deal. The firm’s corporate group worked with sustainability-led alternative funding manager Foresight Group on its financial support package for...

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Young people’s homeless organisation becomes Bevan Brittan’s new Bristol office charity

July 19, 2023
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Young people’s homeless organisation becomes Bevan Brittan’s new Bristol office charity

The Bristol office of national law firm Bevan Brittan has selected city-based 1625 Independent People as its charity for the next two years. Bevan Brittan will support the charity, which works with young people who are homeless, leaving care or at risk of homelessness, in two ways – through...

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Bristol renewable energy firm’s new system to simplify building of one of US’s first major wind farms

July 18, 2023
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Bristol renewable energy firm’s new system to simplify building of one of US’s first major wind farms

Technology developed by Bristol renewable energy software company Sennen is to be used in the construction of New York’s first offshore wind power project. In a new phase of development at Sennen, whose software has focused on wind farm operations and maintenance to date, its new system will be used...

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Acquisition deal involving two Bristol specialist insurers set to create major player in UK market

July 17, 2023
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Acquisition deal involving two Bristol specialist insurers set to create major player in UK market

A specialist insurance firm that has employed hundreds of people in its Bristol head office for more than four decades looks set to be acquired by a rival which also has its headquarters in the city. DAS, which has been a pioneer in the legal expenses insurance market since...

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The SPARKies shine a light on Bristol’s top tech stars with firms and individuals among the winners

July 17, 2023
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The SPARKies shine a light on Bristol’s top tech stars with firms and individuals among the winners

Bristol’s tech talent has swept the board at The SPARKies, the awards that champion the best of the West of England’s tech and digital community. Firms and individuals from the city triumphed in 14 of the 17 categories up for grabs at the awards ceremony staged in Bath’s Parade...

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Artisan gin brand’s acquisition proves a tonic for vacant Bristol floating restaurant

July 17, 2023
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Artisan gin brand’s acquisition proves a tonic for vacant Bristol floating restaurant

Iconic Bristol restaurant Glassboat is to reopen as an retail, bar and events space after being bought by artisan spirits brand 6 O’clock Gin. The high-profile venue, pictured, next to Bristol Bridge was for more than 30 years run as a brasserie but has been vacant for just over...

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Top social enterprise award recognises ‘extraordinary’ founder of Bristol youth social enterprise

July 17, 2023
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Top social enterprise award recognises ‘extraordinary’ founder of Bristol youth social enterprise

Poku Osei, the founder and CEO of Babbasa, the Bristol social enterprise transforming the lives of young people from ethnic minority and low-income backgrounds, has won a unique social enterprise award. The Cambridge Social Innovation Prize, which was launched five years ago, celebrates five exceptional social entrepreneurs and recognises...

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Ahead of the Agenda: The Week Ahead

July 16, 2023
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Monday July 17 Finals: Northern Bear, Gore Street Energy Storage Fund, Brickability Group Tuesday July 18 Final: Petra Diamonds Trading announcements: Rio Tinto, IntegraFin Holdings, Artisanal Spirits Company Wednesday July 19 Final: Redcentric Interim: United Bank Trading announcements: Consumer price index, Retail price index, Producer price index Thursday July 20 Finals: Pensionbee Group, Babcock...

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