Finance

Scheme for successful student entrepreneurs to ‘pay it forward’ launched by University of Bristol

July 21, 2023
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Scheme for successful student entrepreneurs to ‘pay it forward’ launched by University of Bristol

A former University of Bristol student-turned-entrepreneur has donated £50,000 to help fund its next generation of start-up businesses. The donation from Rupert Baker has kick-started a new ‘founders’ pledge’ project through which entrepreneurs given funding by the university promise to donate some of their future earnings to student start-ups. ...

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St George’s Bristol signs first-of-its-kind sponsorship deal with Investec Wealth & Investment

July 21, 2023
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St George’s Bristol signs first-of-its-kind sponsorship deal with Investec Wealth & Investment

Wealth management firm Investec Wealth & Investment has agreed a three-year partnership with iconic Bristol live music venue St George’s Bristol. The sponsorship deal, the first of its kind for St George’s, launches this year, the 200th anniversary of the former church on Park Street, as well as the 650th year...

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Sale of West of England-based global leader in advanced optical filters handled by Shaw & Co

July 21, 2023
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Sale of West of England-based global leader in advanced optical filters handled by Shaw & Co

Bristol-based specialist corporate finance advisory firm Shaw & Co has helped seal a major deal that will boost the South West’s lead in advanced optical technology. The firm advised thin-film coating company Artemis Optical on its £8.9m sale to long-established Somerset specialist manufacturer of optical components and systems Gooch...

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Economic uncertainty and lower consumer spending blamed for big rise in profit warnings

July 20, 2023
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Economic uncertainty and lower consumer spending blamed for big rise in profit warnings

Profit warnings from South West companies listed on the London Stock Exchange soared by 66% in the first half of this year as the cost of living crisis hit consumers. According to new research by international accountancy group EY, 15 warnings were issued by quoted firms in the region...

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Record annual lending by region’s alternative funder creates or safeguards nearly 1,500 jobs

July 20, 2023
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Record annual lending by region’s alternative funder creates or safeguards nearly 1,500 jobs

Regional alternative finance lender South West Investment Group (SWIG) lent a record £14m to ambitious small and medium-sized businesses across the region in the past year, new figures show. The non-profit group, which supports viable businesses that cannot secure sufficient funding from their bank, provided 559 loans to 478...

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Three partner promotions in WBD’s Bristol office recognise commitment of long-serving lawyers

July 19, 2023
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Transatlantic law firm Womble Bond Dickinson (WBD) has appointed three new Bristol-based partners among a raft of senior promotions across its UK offices. The Bristol trio are Ronan Lowney, who advises on tax aspects of transactions, corporate finance team member Alex Fergus and Louise Norman, the firm’s Deputy General...

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Acquisition deal involving two Bristol specialist insurers set to create major player in UK market

July 17, 2023
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Acquisition deal involving two Bristol specialist insurers set to create major player in UK market

A specialist insurance firm that has employed hundreds of people in its Bristol head office for more than four decades looks set to be acquired by a rival which also has its headquarters in the city. DAS, which has been a pioneer in the legal expenses insurance market since...

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The SPARKies shine a light on Bristol’s top tech stars with firms and individuals among the winners

July 17, 2023
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The SPARKies shine a light on Bristol’s top tech stars with firms and individuals among the winners

Bristol’s tech talent has swept the board at The SPARKies, the awards that champion the best of the West of England’s tech and digital community. Firms and individuals from the city triumphed in 14 of the 17 categories up for grabs at the awards ceremony staged in Bath’s Parade...

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Top social enterprise award recognises ‘extraordinary’ founder of Bristol youth social enterprise

July 17, 2023
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Top social enterprise award recognises ‘extraordinary’ founder of Bristol youth social enterprise

Poku Osei, the founder and CEO of Babbasa, the Bristol social enterprise transforming the lives of young people from ethnic minority and low-income backgrounds, has won a unique social enterprise award. The Cambridge Social Innovation Prize, which was launched five years ago, celebrates five exceptional social entrepreneurs and recognises...

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South West firms receive £40m in six months from BGF as region proves fertile ground for investment

July 14, 2023
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South West firms receive £40m in six months from BGF as region proves fertile ground for investment

Growth capital investment group BGF’s Bristol team backed fast-growth businesses to the tune of £40m during the first half of this year as the region continued to provide fresh opportunities for funding. Capital investments were made across a diverse range of sectors including technology, healthcare, engineering and manufacturing. Among the...

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Senior appointment boosts Evelyn Partners’ Bristol-based financial planning team

July 12, 2023
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Senior appointment boosts Evelyn Partners’ Bristol-based financial planning team

The Bristol office of Evelyn Partners, the national integrated wealth management and professional services group, has taken on a new financial planning director. Will Thompson, pictured, left, with Evelyn Partners Bristol office managing partner Richard Mikdadi, joins from wealth management firm Rathbones, where he spent three-and-a-half years as a senior financial...

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New South West senior partner for KPMG UK takes up role to lead group in the region

July 11, 2023
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New South West senior partner for KPMG UK takes up role to lead group in the region

Accountancy group KPMG UK has appointed David Williams as senior partner for its South West region, which includes its Bristol office. He replaces Ian Brokenshire, who is retiring after 35 years with firm. In his new role David, pictured right, will lead more than 700 staff across the region,...

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£200m investment fund launched to empower Bristol and the South West’s innovative small businesses

July 7, 2023
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£200m investment fund launched to empower Bristol and the South West’s innovative small businesses

Small and medium-sized firms in Bristol with growth potential can apply to a new £200m fund aimed at boosting innovation and prosperity across the South West. Launched in Bristol by the British Business Bank yesterday, the South West Investment Fund (SWIF) will increase the supply and diversity of early-stage...

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