Bristol-based specialist tour business Inside Travel Group is poised for more growth after undergoing a management buyout backed by a Japanese sovereign wealth fund and a UK private equity firm. Described as the world’s leading Asia-focused ‘cultural adventure’ brand, the firm’s sales for 2024 are expected to exceed £65m...
Private equity funder LDC’s Bristol office has invested in a fintech to help it scale its presence in the UK’s rapidly expanding decisioning software and data market. LDC said the investment in credit risk technology firm LendingMetrics would help it accelerate new product development in its core financial services...
A Bristol fruit preserve and chilli jam manufacturer is to double its capacity to meet increasing demand after receiving £200,000 from a specialist South West funder – having had its previous applications for growth finance rejected by its bank. Single Variety Co, which mostly sells to individuals via its...
Corporate lawyers in Thrings’ Bristol office have advised Wiltshire housebuilder Stonewood Homes on a string of deals linked to its schemes across the West of England. Stonewood, which specialises in small-to-medium developments of high-quality, sustainable new homes, received funding from a consortium of investors as part of its plans...
Bristol-based invoice finance provider Optimum Finance has been acquired by a larger competitor in a move its CEO said would unlock new possibilities for its “clients, introducers and team members”. Optimum was set up in 2017 by Richard Pepler, a notable figure in the invoice finance sector as the...
Bristol communications agency Ambitious has launched a podcast series shedding light on thought leadership – with one of the city’s most successful entrepreneurs of recent years as its first guest. Dr Zara Nanu co-founded Gapsquare, where she combined her passion for human rights with the power of data analytics...
The sweeping fiscal changes announced by Chancellor Rachel Reeves in her Budget will hit SMEs and business owners hard as the government seeks to plug a ‘£22bn black hole’ in the public purse. In one of the most hotly anticipated Autumn Budgets in recent years, the Chancellor announced the...
Bristol-based temporary generator hire firm Power Electrics has become the latest in the city to transition from privately owned to an Employee Ownership Trust (EOT). The firm, which has grown from a small yard in 1963 to operating the UK’s largest generator transport fleets, said the move marked a...
This week’s Budget ushered in a large number of tax reforms as Chancellor Rachel Reeves seeks to balance the Treasury’s books. Here experts from law firm Thrings look at some of the key changes. Inheritance Tax The inheritance tax (IHT) threshold freeze remains for a further two years to...
The CEO of Bristol-headquartered ethical finance firm Triodos Bank UK is to step down from the role next year in a move that will coincide with its 30th anniversary. Bevis Watts, pictured, joined Triodos in April 2016 as its managing director and became CEO three years later. It was...
Three Bristol deep tech spin-out businesses will be vying for investment of up to £2m at a high-profile event aimed at shaping the tech investment landscape. The innovative firms will line up against 17 other businesses at Investment Futures in London, which will also feature panel and roundtable discussions on...
Employers have been heavily impacted by this Budget. Employers’ National Insurance Contributions (NICs) will increase by 1.2% to 15% from April 2025. And the threshold at which it becomes payable has decreased from £9,100 to £5,000. That double whammy of tax rises is partly offset by the Employment Allowance increasing...
As widely expected, the Chancellor has increased the rate of Capital Gains Tax (CGT) from Budget Day itself, so any transactions occurring on or after today are affected. That means that any potential window that could have arisen, had the increase been delayed until April 2025, has been closed. ...
