Finance

Firms in inflation spiral as they are forced to put up prices to fund higher wages for their staff

July 7, 2023
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Firms in inflation spiral as they are forced to put up prices to fund higher wages for their staff

Workforce issues, including pressure to increase wages, remain the biggest headache for business based in Bristol and across the West of England, with many raising their prices to fund pay awards. Combined with wider concerns over inflation, this has led to a slump in confidence – with levels now...

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Bristol deep-tech entrepreneur launches city-based engineering biology accelerator programme

June 30, 2023
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Bristol deep-tech entrepreneur launches city-based engineering biology accelerator programme

Science Creates, the Bristol deep-tech ecosystem, has launched an accelerator programme based in the city for engineering biology businesses as the sector prepares for rapid expansion. The programme will support life science start-ups and innovators in developing ground-breaking advancements in healthcare, the environment and quality of life.  Engineering biology...

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Top award for healthtech firm on a mission to improve the lives of stroke patients

June 30, 2023
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Top award for healthtech firm on a mission to improve the lives of stroke patients

A healthtech business revolutionising stroke rehabilitation has won the Best Elevator Pitch at incubator SETsquared Bristol’s Tech-Xpo 2023 showcase. SoleSense uses shoe sensors and a real-time biofeedback app to provide personalised digital physiotherapy to stroke patients. The firm, which fought off strong competition from nine other SETsquared-based businesses to claim...

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Two senior promotions at Haines Watts Bristol as it continues with its expansion

June 29, 2023
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Two senior promotions at Haines Watts Bristol as it continues with its expansion

The Bristol office of national accountancy firm Haines Watts has made two promotions within its senior team. Matthew Oldfield, who joined the firm almost nine years ago after previously working for HMRC for more than a decade, becomes an associate from his position as senior tax manager. Meanwhile Elizabeth...

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Milsted Langdon’s Bristol office recruits ‘highly skilled and incredibly talented’ tax adviser

June 28, 2023
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Milsted Langdon’s Bristol office recruits ‘highly skilled and incredibly talented’ tax adviser

Experienced tax adviser Kim Farmerey has joined regional accountancy firm Milsted Langdon’s Bristol office as a senior tax manager. Kim, is a Chartered Tax Adviser with more than 20 years’ experience in the industry, including working at two of the UK’s Big Four accounting firms.  She has a broad...

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Long-running upholstery firm sitting pretty after securing major funding deal from Lloyds Bank

June 23, 2023
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Southwest Upholstery logo

A family-run Bristol upholstery business has expanded its operations by 70% and its manufacturing capacity by 40% with a £862,000 funding package from a Lloyds Bank. Bedminster-based Southwest Upholstery, which repairs, recovers and manufactures seating, has benefited from a 30% increase in demand as summer trading picks up among...

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£9m investment by BGF proves the tonic for further growth at healthcare specialist

June 23, 2023
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£9m investment by BGF proves the tonic for further growth at healthcare specialist

Bristol-based international healthcare infrastructure specialist Archus is aiming for further overseas expansion after securing £9m funding from BGF, the growth capital investor. Archus, which was launched in 2017 with a mission to shape the future of healthcare, also plans to use the investment to recruit more senior staff to...

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Industry and academia to explore closer collaboration at University of Bristol’s Festival of Enterprise

June 23, 2023
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Industry and academia to explore closer collaboration at University of Bristol’s Festival of Enterprise

Businesses will get the chance to join forces with researchers and academics from the University of Bristol at an event in the city next month. The Festival of Enterprise will bring together the city’s industry and academia to discuss how they can collaborate to meet business challenges and achieve...

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Osborne Clarke team helps rapid-growth FinTech pioneer secure major investment package

June 22, 2023
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Osborne Clarke team helps rapid-growth FinTech pioneer secure major investment package

Lawyers from the Bristol office of international legal firm Osborne Clarke have advised on a major investment deal that will help one of the UK’s fastest-growing FinTech firms expand further into overseas markets. The team worked with London-based Freemarket, a leading FinTech platform for regulated B2B cross-border payments and...

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Business West urges action over interest rates as latest hike pushes Bristol firms ‘to the brink’

June 22, 2023
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business west new logo

The government and the Bank of England must do more to curb interest rates and lower inflation to avoid firms in Bristol being “pushed to the brink”, the area’s largest business organisation has said. Following the Bank’s decision yesterday to hike the base rate from 4.5% to 5% –...

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Burges Salmon corporate and M&A team shakes off market volatility to act on 110 deals worth £4.5bn

June 22, 2023
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Burges Salmon corporate and M&A team shakes off market volatility to act on 110 deals worth £4.5bn

The corporate and mergers & acquisitions team at Bristol-headquartered national law firm Burges Salmon has advised on more than 110 deals with a combined value of £4.5bn-plus over the past year. While the market has continued to be volatile, the team benefited from strong levels of investment and merger...

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Milsted Langdon staff gather at special firm-wide celebration to ring in 35 years and counting

June 21, 2023
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Milsted Langdon staff gather at special firm-wide celebration to ring in 35 years and counting

South West accountancy firm Milsted Langdon has marked its 35th anniversary with a party for staff from across its five offices. The independent firm was founded in 1988 by University of Bath graduates Simon Milsted and Jonathan Langdon. Since then it has specialised in trusted accountancy advice for businesses and...

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Business West celebrates 200 years of supporting the region’s businesses with new campaign

June 21, 2023
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Business West celebrates 200 years of supporting the region’s businesses with new campaign

Business West, one of the UK’s largest chambers of commerce, is celebrating 200 years of leading and supporting businesses with a campaign entitled 200 Years of Future Thinking. Marking two centuries since the Bristol-based Chamber of Commerce was founded, the campaign coincides with a new-look brand image, pictured, below,...

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