Finance

Bristol business leaders warn of risk to thousands of city jobs if UK crashes out of EU without a deal

January 25, 2019
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Bristol business leaders warn of risk to thousands of city jobs if UK crashes out of EU without a deal

The jobs of thousands of Bristol workers could be lost if the UK leaves the EU with no deal, bosses and business leaders warned this week. In a video message released yesterday by French-German group Airbus – one of the city’s largest employers – its chief executive Tom Enders...

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Bristol scale-ups selected for unique UK-wide growth acceleration programme

January 25, 2019
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Bristol scale-ups selected for unique UK-wide growth acceleration programme

Two Bristol tech firms are among 30 fast-growth UK businesses chosen to take part in a prestigious programme aimed at accelerating their expansion. BookingLive, the UK’s number one online booking and reservation platform, and Immersive Labs, the cyber security firm founded by a former GCHQ researcher, were selected for...

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Financial Services Compensation Scheme panel re-appointments for Bristol firms

January 25, 2019
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Financial Services Compensation Scheme panel re-appointments for Bristol firms

Two Bristol headquartered national law firms have been appointed by the Financial Services Compensation Scheme (FSCS) to its second legal panel. Burges Salmon and Bevan Brittan will provide core legal services to the eight-firm panel, playing key roles in helping FSCS drive forward its strategic aims.  Both were re-appointed...

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Ashfords celebrates major rise in transactions during 2018 as it strengthens lead role in tech deals

January 25, 2019
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Ashfords celebrates major rise in transactions during 2018 as it strengthens lead role in tech deals

The value of transactions completed by dealmakers at South West law firm Ashfords has jumped by a third over the past 12 months. The firm completed deals totalling more than £900m in 2018, an increase of £320m over the previous year. Transactions included investments, re-financing and share transfers.  The...

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WBD corporate team’s work on health food deal satisfies client’s appetite for investment

January 24, 2019
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WBD corporate team’s work on health food deal satisfies client’s appetite for investment

Lawyers in the Bristol office of Womble Bond Dickinson have worked with longstanding investment client Piper to back a rapid-growth firm that creates and delivers healthy food boxes. Piper, the UK’s leading specialist investor in consumer brands, has made a £6m investment into London-based Mindful Chef, which last year...

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Top marks again for Bishop Fleming’s ‘extremely efficient’ payroll department

January 23, 2019
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Top marks again for Bishop Fleming’s ‘extremely efficient’ payroll department

Regional accountancy firm Bishop Fleming, which has its largest office in Bristol, has earned the highest possible mark for its payroll team in a national assessment scheme for the second successive time. The firm first obtained accreditation under the Chartered Institute of Payroll Professionals’ (CIPP) Payroll Assurance Scheme in...

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Airbus joins CBI in warning of ‘devastating’ impact of ‘no deal’ Brexit on South West’s economy

January 22, 2019
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Airbus joins CBI in warning of ‘devastating’ impact of ‘no deal’ Brexit on South West’s economy

Leaving the EU without a deal would be ‘devastating’ for the South West’s economy, hitting the region’s output by a staggering £13bn a year, the CBI said today. It teamed up with aerospace giant Airbus, which employs around 4,000 people in its UK wing design centre at Filton, to...

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$8m funding for cyber security innovator using gaming techniques to fight real-life attacks

January 18, 2019
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$8m funding for cyber security innovator using gaming techniques to fight real-life attacks

Immersive Labs, the Bristol cyber security firm founded by a former GCHQ researcher, has raised $8m (£6.2m) to further develop its innovative training system that uses computer game techniques to fight real-life threats. The skills platform, which is already used for complex cyber security training by clients such as engineering...

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Appetite among small firms for invoice finance triggers sharp rise in lending at Optimum

January 18, 2019
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Appetite among small firms for invoice finance triggers sharp rise in lending at Optimum

Bristol-based invoice finance firm Optimum Finance increased its lending to small and medium-sized businesses by more than 330% in just its second year of trading. The firm, founded by former Ultimate Finance chief executive Richard Pepler in 2017, worked with companies across the UK to help fund growth and...

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Bristol office opens up South West market for award-winning financial planning firm

January 18, 2019
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Bristol office opens up South West market for award-winning financial planning firm

National financial planning firm Cooper Parry Wealth has opened a base in Bristol as it looks to bring its award-winning offering into the South West for the first time. The firm, which covers the East and West Midlands and the South East from offices near Derby and in Solihull,...

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‘No deal’ must be ruled out, urges Business West, as it warns of rising anger among firms over Brexit

January 16, 2019
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‘No deal’ must be ruled out, urges Business West, as it warns of rising anger among firms over Brexit

The “overriding priority” for both the government and Parliament must be to avoid a no deal Brexit following the overwhelming defeat of the Prime Minister’s deal, the region’s largest business organisation said this week. Business West, which runs Bristol Chamber of Commerce, said firms in the region now found...

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Survey shows sales and orders under pressure as West businesses lose faith in Govt’s Brexit plan

January 14, 2019
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Survey shows sales and orders under pressure as West businesses lose faith in Govt’s Brexit plan

Nearly 40% of West of England business owners back a second Brexit referendum while just one in 10 is confident the government will secure a good deal for the UK, according to the region’s largest business survey. Worryingly, more than 40% of the senior managers and directors taking part...

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National acclaim for West of England project to encourage scale-up businesses

January 14, 2019
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National acclaim for West of England project to encourage scale-up businesses

An innovative scheme encouraging and supporting Bristol scale-up businesses has been praised by industry experts as a role model for other parts of the country. The ScaleUp Institute, a company which aims to make the UK the best place in the world to develop a thriving business, said the...

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