Business groups have welcomed a number of measures in yesterday’s Budget but said Chancellor Rishi Sunak could have done more to encourage investment. The CBI, which speaks on behalf of 190,000 businesses of all sizes and sectors, described it overall as business friendly, with its director-general Tony Danker saying...
Chancellor Rishi Sunak has delivered his Autumn Budget and Spending Review. The main points are: Chancellor began speaking at 12:34pm Employment is up and wages are rising, he said. Budget prepares for a new economy post-Covid, he said. “An economy fit for a new age of optimism.” Higher inflation was...
Decarbonising Bristol’s economy could trigger business worth £9.2bn for local firms – bringing one of the biggest opportunities to the city since the arrival of the railways nearly 200 years ago. The phenomenal figure is being highlighted by Business West, the region’s largest business group, and Mayor of Bristol Marvin...
The potential of hydrogen to transform the West of England’s economy, from its transport to the way its homes are heated, is to be explored by a new consortium of businesses and universities. The group, which includes many of Bristol’s largest firms such as Airbus and EDF, was launched...
Techmodal, the Bristol-specialist tech consultancy acquired by defence giant BAE Systems a year ago, has won a two-year contract worth up to £8.3m with the Royal Navy. The firm, which was launched 15 years ago by two students and now employs around 150 people, will create a data science...
The monthly insolvency statistics published by The Insolvency Service for September show the number of registered company insolvencies were at their highest since the start of the first UK lockdown in March 2020. This is effectively a rebalancing back to normalised insolvency levels across the economy, after the government...
Bristol research and development tax relief consultancy ForrestBrown has bolstered its presence in Scotland by opening an office in Glasgow. The firm, the UK’s leading consultancy of its kind, said the move demonstrated its commitment to a region that is at the forefront of the engineering, renewables and software...
A decommissioned nuclear power station on Bristol’s doorstep has taken another step closer to becoming the site of the world’s first full-scale ‘fusion’ plant. Under the scheme the site at Oldbury-on-Severn, north of Bristol on the banks of the River Severn, would harness the game-changing new form of clean power...
A pre-incubator programme to support new quantum, engineering and scientific technology companies has been launched by the University of Bristol. The university already has a strong track record in contributing to the development of the UK quantum industry, having helped originate a third of all UK quantum start-ups. Its...
West of England businesses are warning that the economic recovery from the pandemic is at risk due to growing inflationary pressures and worker shortages. A third of the 250-plus firms taking part in the latest quarterly survey by regional business group Business West said they had to increase their prices...
Small businesses in Bristol and across the West of England are being offered help to improve their digital presence to enable them to grow. The Tech for Growth programme will match businesses with a consultant and support them with up to four days of hands-on assistance to develop and...
An innovative technology platform to provide legal services to fast-growth companies in the tech sector throughout their life-cycle has been started by Bristol-headquartered law firm Burges Salmon. Aimed at start-ups, scale-ups, founders and investors, BScale will offer a depth of knowledge to enable them to work through mission-critical funding rounds, the inevitable...
Business West, the region’s largest business group, has been certified as a B Corporation, joining an elite, forward-looking global community that balances profit with people and the planet. The B Corp movement encourages organisations to take an ethical approach to business to make a positive difference in the world. ...
