Finance

Duke praises Bristol’s innovation as three start-ups win places on his coveted Pitch@Palace bootcamp

September 15, 2015
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Duke praises Bristol’s innovation as three start-ups win places on his coveted Pitch@Palace bootcamp

Three innovative Bristol tech start-ups will be showcasing their businesses at St James’s Palace in London as part of Pitch@Palace, an initiative founded by HRH The Duke of York, who was in the city this week to meet fledgling firms taking part in the challenge. Wriggle, YellowDog and Altitude...

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Barclays strengthens team with new head of large corporate banking

September 14, 2015
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Barclays strengthens team with new head of large corporate banking

Barclays has expanded its South West corporate banking team by appointing Lee Everson as its new head of large corporate banking. Lee, pictured, will lead the team of relationship directors responsible for Barclays Corporate clients who typically turn over more than £50m.  He has been with Barclays for 11...

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New regional chair appointed by KPMG as growth continues

September 14, 2015
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New regional chair appointed by KPMG as growth continues

Global accountancy group KPMG has appointed Karen Witton to succeed its South regional chair Phil Cotton from October 1. Karen, pictured, has worked at KPMG for 10 years, most recently as indirect tax partner. The firm’s indirect tax outsourcing service has grown significantly throughout the South over recent years....

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Top speakers and powerful workshops lined up for Bristol’s Festival of Female Entrepreneurs

September 11, 2015
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Top speakers and powerful workshops lined up for Bristol’s Festival of Female Entrepreneurs

Small business network Enterprise Nation has announced the final line-up for its major event in Bristol next month aimed at helping female-founded businesses to grow. The Festival of Female Entrepreneurs (FFE) will hear from successful women in their field to inspire and advise those setting up on their own...

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Interactive technology harnessed by pioneering charity Deki to show plight of global poverty victims

September 11, 2015
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Interactive technology harnessed by pioneering charity Deki to show plight of global poverty victims

Deki, the Bristol-based international development charity and crowdfunding platform, has teamed up with Microsoft to stage a ground-breaking exhibition that uses interactive technology to highlight the devastating effects of poverty – and shows how individuals can help. The ‘Changing Lives Through Technology’ installation, which runs at the city’s Engine...

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£4m innovation fund opens to SMEs seeking grants for R&D projects

September 11, 2015
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£4m innovation fund opens to SMEs seeking grants for R&D projects

Small and medium-sized businesses across the West of England are being encouraged to apply to a £4m fund that aims to help them develop new products and services and create jobs. The UWE Innovation4Growth (I4G) programme part funds research and development projects with grants of between £25,000 and £150,000...

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‘Give us more power and we’ll boost economy by £2bn,’ West council leaders tell Government

September 11, 2015
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‘Give us more power and we’ll boost economy by £2bn,’ West council leaders tell Government

An extra £2bn a year could be generated for the West of England’s economy if the Government handed back control over areas such as skills, transport and housing to the region, according to the leaders of its four local authorities. They have submitted a proposal to the Treasury calling...

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Grant Thornton and TLT act on sale of fast-growing vets’ supplies firm

September 4, 2015
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Grant Thornton and TLT act on sale of fast-growing vets’ supplies firm

Corporate teams from the Bristol offices of accountants Grant Thornton and law firm TLT have advised shareholders of specialist buying group Vetswest on its multi-million pound sale to major US-based veterinary supplies wholesaler. Devon-based Vetswest, which supplies ancillary services to vets’ practices across the UK as well as acting...

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Successful outcome to SciSys’ bank talks lifts threat of covenant breach

September 4, 2015
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Successful outcome to SciSys’ bank talks lifts threat of covenant breach

Shares in SciSys, one of the region’s largest and longest-established specialist IT firms, rose today after it said it had resolved a potentially damaging funding crisis. In June the firm, which has a base in Brislington, warned it was at risk of breaching its banking covenants in August. Within...

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South West bucks downward trend in exporting as more firms win sales in overseas markets

September 3, 2015
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South West bucks downward trend in exporting as more firms win sales in overseas markets

Bristol businesses are helping the South West buck the national trend for exporting, with the value of overseas sales from the region rising while the national figure decreases. Data released today by HM Revenue and Customs shows that the value of UK exports decreased by 2.6% to £285bn in...

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Growing trend for ethical banking boosts Bristol-based Triodos

August 28, 2015
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Growing trend for ethical banking boosts Bristol-based Triodos

Lending by European ethical bank Triodos, which has its UK head office in Bristol, climbed by 9% to €791m (£579m) in the first six months of this year as the appetite for sustainable banking continues to grow. The Dutch-owned group also achieved a 4% increase in UK customer numbers...

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Growth for Bristol’s mid-tier businesses stunted by lack of funding, says CBI/BDO report

August 28, 2015
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Growth for Bristol’s mid-tier businesses stunted by lack of funding, says CBI/BDO report

Bristol’s ambitious medium-sized businesses are being held back by gaps in the provision of long-term lending, according to a new report. With improved bank lending, an increased flow of invoice finance facilities and huge growth in peer-to-peer lending over the last few years, much of the finance landscape is...

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Change at the top for PwC in Bristol as regional chairman Matt Hammond heads to the Midlands

August 28, 2015
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Change at the top for PwC in Bristol as regional chairman Matt Hammond heads to the Midlands

Accountancy giant PwC has made two key appointments to its Bristol-based West & Wales regional leadership team following Matt Hammond’s move to the Midlands as regional chairman. Katharine Finn replaces Mr Hammond as regional chair for West and Wales while Lynn Pamment takes over as senior partner to lead...

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