Finance

IoD leader urges next government to boost start ups but warns over ‘arbitrary’ limits on immigration

May 26, 2017
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IoD leader urges next government to boost start ups but warns over ‘arbitrary’ limits on immigration

The next government must strengthen the UK’s ability to help businesses start up and grow – including ditching the view that all immigration is bad – according to the director-general of the Institute of Directors. Speaking on his first visit to Bristol in the role yesterday, Stephen Martin, pictured,...

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Triodos makes first investment in Welsh energy co-op behind community wind farm

May 26, 2017
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Triodos makes first investment in Welsh energy co-op behind community wind farm

Triodos, the European sustainable bank with its UK headquarters in Bristol, has joined a Hollywood actor, a Welsh rugby legend and the National Poet of Wales in backing a community wind farm project near Swansea. The bank has made a 15-year, £5.25m investment in the Awel y Gwrhyd wind...

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Bristol remains magnet for inward investment, but experts warn of challenge as Brexit looms

May 26, 2017
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Bristol remains magnet for inward investment, but experts warn of challenge as Brexit looms

Bristol has so far shrugged off the impact of Brexit and continued to attract investment from overseas firms, according to new research. The city secured nine projects last year, the same number as in 2015, but across the wider South West they fell by a quarter from 37 to 28. Experts...

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Bristol team unwraps £3m investment package for online wedding gift business

May 25, 2017
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Bristol team unwraps £3m investment package for online wedding gift business

The Bristol office of investment group BGF and a team of advisors from the city have put together £3m funding package for Prezola, the fast-growing Bath-based online wedding gift list firm. Prezola will use the funding from BGF, the UK’s most active investor in small and mid-sized companies, to...

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Bristol’s scale-up businesses to get boost from Engine Shed’s investor-in-residence service

May 19, 2017
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Bristol’s scale-up businesses to get boost from Engine Shed’s investor-in-residence service

Bristol’s Engine Shed innovation hub is extending its support for the city’s entrepreneurial ecosystem by introducing an investor-in-residence service open to all growth businesses in the area. Delivered in partnership with Deepbridge Capital and Accelerated Digital Ventures (ADV), the service goes live on with bookings available during normal office...

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Boost number of women bosses if you want to be successful, Bristol businesses urged

May 19, 2017
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Boost number of women bosses if you want to be successful, Bristol businesses urged

Bristol business leaders have been warned that they are failing to optimise the talents of their people if women are not fairly represented at senior levels in their organisations. The message came from Sir Philip Hampton, chair of the independent Hampton-Alexander Review, which aims to ensure talented women succeed...

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Private equity funding for firm behind innovative eye-screening device

May 19, 2017
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Private equity funding for firm behind innovative eye-screening device

A fledgling Bristol business developing a pioneering screening device that could help prevent blindness in older people has attracted private equity funding from a group of city-based entrepreneurs. The £310,000 for Azul Optics will provide seed funding for product development. Some £160,000 has been invested by Bristol Private Equity...

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Salary sacrifice schemes targeted in government tax raid, warn accountants

May 19, 2017
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Salary sacrifice schemes targeted in government tax raid, warn accountants

Bristol employers are being warned to urgently review their payroll practices following a government tax raid on employee benefits. Since April 6 the government has clamped down on salary sacrifice schemes that reduce gross pay in exchange for benefits such as mobile phones, cars, gym memberships and school fees....

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Writing’s on the wall for Bristol’s Upfest street art festival unless it hits funding target this weekend

May 12, 2017
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Writing’s on the wall for Bristol’s Upfest street art festival unless it hits funding target this weekend

Organisers of Bristol’s live street and urban art festival Upfest – the largest free event of its kind in Europe – are urging supporters to dig deep to make sure this year’s goes ahead. The festival needs to reach its £20,000 crowdfunding target by this Sunday to ensure it...

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Oracle and SETsquared Bristol’s ‘pay it forward’ start-up accelerator comes on stream

May 12, 2017
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Oracle and SETsquared Bristol’s ‘pay it forward’ start-up accelerator comes on stream

US tech giant Oracle has teamed up with Bristol’s SETsquared incubator to officially launch its next-generation Startup Cloud Accelerator programme in the UK. Oracle, which has a cloud development centre in the Bristol, announced plans in January for its second accelerator programme in January. It describes the scheme as...

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Second acquisition for fast-growing OVO as it snaps up Corgi HomePlan

May 12, 2017
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Second acquisition for fast-growing OVO as it snaps up Corgi HomePlan

Pioneering Bristol-based energy supplier OVO has continued its rapid expansion into new areas of the market by taking over CORGI HomePlan, the UK’s third-largest home service provider. The acquisition – OVO’s second this year – marks another step in diversifying from core energy supplier towards an energy services company....

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We must create job opportunities for everyone in our region, Metro Mayor tells West businesses

May 12, 2017
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We must create job opportunities for everyone in our region, Metro Mayor tells West businesses

Newly elected West of England Metro Mayor Tim Bowles has said more must be done to ensure job opportunities are created for everyone in the region. Speaking at his swearing-in on Monday, Mr Bowles, pictured, said the West of England had many dynamic new businesses and high-quality jobs in...

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IoD regional Director of the Year Awards shortlist shows ‘breadth and depth’ of Bristol business talent

May 12, 2017
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Bristol business figures dominate the nominations for the prestigious Institute of Directors (IoD) South West regional Director of the Year Awards with seven names on the shortlist. They will join other directors from around the region at the awards ceremony later this month to celebrate outstanding business people and focus UK-wide...

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