Finance

Smith & Williamson: Enterprise – profit with purpose. Credit where credit’s due

July 22, 2020
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Smith & Williamson: Enterprise – profit with purpose. Credit where credit’s due

The latest edition of Smith & Williamson’s Enterprise leadership publication profiles Gregor Mowat, CFO and co-founder of Bristol-based LOQBOX. Financial exclusion is a major problem in the UK, with around 5.8m people shut out from large parts of the credit market1. For many, this is a Catch-22 – they’ve never had credit,...

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Insolvency group warns Govt figures on business failures mask true impact of Covid-19 on firms

July 21, 2020
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Insolvency group warns Govt figures on business failures mask true impact of Covid-19 on firms

Government figures showing another monthly fall in corporate insolvencies are hiding the true picture of the damaging effect of the coronavirus pandemic on businesses,  according to the South West branch of insolvency and restructuring trade body R3. Insolvency Service statistics for June show 732 company insolvencies in England and...

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The LAST WORD: Nigel Hardy, managing partner, assurance and business services, Smith & Williamson

July 17, 2020
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The LAST WORD: Nigel Hardy, managing partner, assurance and business services, Smith & Williamson

Each week Bristol Business News gives a prominent member of the city’s business community the last word on its weekly e-bulletin. This week Nigel Hardy, managing partner, assurance and business services at Smith & Williamson’s Bristol office, answers our 10 questions. What was the LAST:  Film you watched: Eurovision...

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Loungers bounces back from lockdown with plans to open all its bars early next month

July 17, 2020
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Loungers bounces back from lockdown with plans to open all its bars early next month

Bristol-based café-bar chain Loungers is to accelerate its re-opening programme and expects to have all but two of its outlets open within the next three weeks. The group, which has a total estate of 138 Lounges and 29 Cosy Clubs across the UK, has already lifted the shutters on 75...

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Webinar: How Bristol businesses can build back better and boost morale by supporting local charities

July 17, 2020
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Webinar: How Bristol businesses can build back better and boost morale by supporting local charities

Practical ideas on how businesses can continue to support charities during the coronavirus pandemic are to be aired at a webinar hosted by Quartet, the community foundation for the West of England. The third sector is facing its toughest time for a generation with hundreds of thousands of people...

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Raft of promotions at Smith & Williamson’s Bristol office

July 16, 2020
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Raft of promotions at Smith & Williamson’s Bristol office

Financial and professional services firm Smith & Williamson has made another round of promotions in its Bristol office. In total 16 staff in the office have moved upwards in a sign, said the firm, that it continues to invest in its people as the economy recovers from the coronavirus pandemic.  Three members of...

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TLT team advises on major data analytics investment

July 14, 2020
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TLT team advises on major data analytics investment

One of the UK’s leading private equity firms has been advised by lawyers from Bristol-headquartered national firm TLT on its £2m investment in a fast-growing data analytics company. Maven Capital Partners UK’s growth capital deal with Hublsoft Group forms part of that firm’s first-round funding, which it will use...

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Bristol Bounce Back project to tackle questions of business recovery from Covid-19 crisis

July 10, 2020
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Bristol Bounce Back project to tackle questions of business recovery from Covid-19 crisis

Bristol law firm Gregg Latchams and regional chartered accountants Milsted Langdon have teamed up to launch a ‘Bristol Bounce Back’ initiative to help firms recover from the Covid-19 pandemic. The project is supported by an expert panel made up of individuals some of the city’s leading businesses including the Bank of England’s South...

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£2m finance deal for firm keeping supermarket fridges ice-cold during lockdown

July 10, 2020
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£2m finance deal for firm keeping supermarket fridges ice-cold during lockdown

A Bristol refrigeration firm that has helped keep food retailers operating safely during the coronavirus crisis has secured a £2m finance facility from HSBC. A1 Engineering, which works predominantly for large supermarkets, has used the funding to continue operating its service and repair service for them while other parts...

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Bristol Business Blog: What is the relative cost of improper probate property advice? Adam Cole, Aventria Property

July 10, 2020
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Bristol Business Blog: What is the relative cost of improper probate property advice? Adam Cole, Aventria Property

Property is often the single largest asset for most people handling deceased’s estates. It therefore makes sense to seek the best advice and avoid the common pitfalls that many people run into when dealing with probate properties. There are a number of ways in which the beneficiary’s outcome can...

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Chancellor’s summer economic statement: Hotel industry reaction

July 10, 2020
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Chancellor’s summer economic statement: Hotel industry reaction

Hotels in Bristol have welcomed the temporary cut in VAT for the hospitality sector in the summer economic statement – and are delighted that it was lower than they expected. The Bristol Hoteliers Association (BHA), which represents 40 major hotels in the city, has been calling on the government...

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Chancellor’s summer economic statement: Experts’ reaction

July 10, 2020
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Rishi_Sunak

Bristol accounting and legal experts have broadly welcomed the Chancellor’s measures to boost the economy – but fear some may do more harm than good. David Gage, pictured, director, business tax at accountants Smith & Williamson in Bristol, said the cut in VAT from 20% to 5% until January...

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Chancellor’s summer economic statement: Housing market reaction

July 10, 2020
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Mill Brook, Westbury, David WIlson Homes South West

Rishi Sunak’s efforts to kickstart to boost the housing market as it emerges from lockdown have been welcomed by the area’s residential property industry – with reservations over how effective they will be in the long term. David Westgate, chief executive of Keynsham-headquartered estate agency and property group Andrews,...

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