Finance

Milestone for Burges Salmon as fast-growing firm appoints 13 new partners across seven sectors

February 21, 2025
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Milestone for Burges Salmon as fast-growing firm appoints 13 new partners across seven sectors

Bristol-headquartered national legal practice Burges Salmon has appointed 13 new partners – a record number for the firm – in a move it said reflected its ambitious strategy for growth and success. Describing the appointments, which take effect from 1 May, as a milestone, Burges Salmon also said they...

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Bristol Business Blog: Natalie Pring, associate, Barcan+Kirby. The Employment Rights Bill: A crackdown on zero-hour contracts

February 20, 2025
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Bristol Business Blog: Natalie Pring, associate, Barcan+Kirby. The Employment Rights Bill: A crackdown on zero-hour contracts

The Employment Rights Bill, published last October, has introduced fairer measures to those on zero-hour contracts, protecting employees’ financial security and wellbeing. Under the new proposed laws, employees will have the right to:  A guaranteed hours contract if they work regular hours over a defined period Reasonable notice of...

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Bristol Business Blog: Peter Ball, tax partner and head of private client, Bishop Fleming. Future-proofing financial advice as the next-generation of accountants

February 13, 2025
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Bristol Business Blog: Peter Ball, tax partner and head of private client, Bishop Fleming. Future-proofing financial advice as the next-generation of accountants

In the current economic climate, and following the significant and much talked about Autumn Budget, tax and finances are likely to be top of mind for many people and businesses alike. Individuals and businesses of all shapes and sizes are navigating a complex combination of new tax regulations amid...

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Year of two halves for private equity deals – with the Autumn Budget triggering a late flurry of activity

February 6, 2025
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Year of two halves for private equity deals – with the Autumn Budget triggering a late flurry of activity

Private equity investment in the South West increased marginally last year to £6.2bn as a near 33% increase ahead of the Autumn Budget overcame a slow first half. Deal volume in the region also remained stable, edging down slightly from 104 to 100 year-on-year, according to a survey by...

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Founding member of ARAG UK in Bristol promoted to CEO role nearly 19 years after its launch

February 6, 2025
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Founding member of ARAG UK in Bristol promoted to CEO role nearly 19 years after its launch

Specialist legal insurer ARAG, which has its UK head office in Bristol, has appointed David Haynes as its CEO. A founding member of ARAG UK when it started from scratch in 2006, David, pictured, will officially assume his new role on April 1, succeeding Tony Buss, who is set to...

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Bristol success story Loungers passes into US firm’s hands after shareholders accept higher offer

January 31, 2025
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Bristol success story Loungers passes into US firm’s hands after shareholders accept higher offer

Loungers, the highly successful Bristol-based café/bar chain, is under new ownership after being acquired by a US private equity firm for £354m. Fortress Investment Group, which owns Majestic Wines, Poundstretcher and the Curzon cinema chain, secured nearly 94% of Loungers shareholders’ votes for its improved offer at a general meeting...

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Relocation to showpiece city centre office development adds up for accountants Forvis Mazars

January 31, 2025
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Relocation to showpiece city centre office development adds up for accountants Forvis Mazars

Accountancy group Forvis Mazars has become the latest professional services firm to relocate its Bristol base to one of the city’s latest flagship office schemes. The firm has taken 7,800 sq ft of Grade A, flexible space across the entire eighth floor of Assembly Building C, pictured, on Cheese Lane,...

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Big increase in optimism among firms in the South West as they look forward to a year of growth

January 31, 2025
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Big increase in optimism among firms in the South West as they look forward to a year of growth

Business confidence has risen sharply in the South West as the region’s firms shrug off suggestions that UK economic growth is stalling. According to the latest Business Barometer from banking group Lloyds, optimism among South West companies climbed by 13 percentage points in January.   Confidence in their own business...

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BGF Bristol office benefits from Hydrock sale but ‘economic uncertainties’ hit investment deals

January 30, 2025
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BGF Bristol office benefits from Hydrock sale but ‘economic uncertainties’ hit investment deals

Investment into small and mid-sized business by growth finance group BGF’s South West office fell last year by around £10m as it came up against what it called “several economic uncertainties”. BGF, the largest and most experienced investor in the UK and Ireland, completed deals totalling £60m during 2024...

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ICON targeting more tech deals in sub-Saharan Africa after appointing new head of emerging markets

January 29, 2025
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ICON targeting more tech deals in sub-Saharan Africa after appointing new head of emerging markets

Bristol-based corporate finance boutique firm ICON has continued its international expansion with the appointment of a new head of emerging markets. Edward Burbidge, pictured, right, with ICON CEO and founder Alan Bristow, has joined following 14 years as founder and CEO of I&M Burbidge Capital, a Kenya-based corporate finance advisory firm...

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New Triodos UK CEO promises bank will ‘make money work for positive change in society’

January 28, 2025
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New Triodos UK CEO promises bank will ‘make money work for positive change in society’

The chief operating officer of Bristol-headquartered ethical finance firm Triodos Bank UK is to become its next CEO in a move that coincides with its 30th anniversary this year. Mark Clayton’s appointment comes less than four months after the trailblazing bank announced the departure of its current Chief Executive Officer...

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Experienced senior hire boosts LDC’s Bristol office-based value creation team

January 28, 2025
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Experienced senior hire boosts LDC’s Bristol office-based value creation team

Private equity investor LDC has strengthened its support for management teams in the South West with the appointment of a new value creation partner. Prashant Selvaratnam, pictured, joins as VCP director, data strategy & AI, based in the firm’s Bristol office.  In his new role he will help the...

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New festival will look at how devolution to cities and regions can boost the national economy

January 24, 2025
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New festival will look at how devolution to cities and regions can boost the national economy

The role that cities and regions can play in driving the government’s growth agenda will be explored at a major event in Bristol next week. Festival of Flourishing Regions will bring together policymakers, regional planners, economic development experts, academics and business and community leaders to explore and promote strategies...

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