Finance

Foot Anstey associate gains prestigious award for exceptional result in Islamic finance exam

August 23, 2022
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Foot Anstey associate gains prestigious award for exceptional result in Islamic finance exam

An associate in law firm Foot Anstey’s Bristol-based Islamic finance team has won a prestigious award in recognition of her outstanding result in a specialist exam. Leena Payyappilly, pictured, gained the President’s Award in the Islamic Finance Qualification (IFQ) level 3 certificate exam, which was also passed by five...

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City centre continues to bounce back from impact of Covid despite cost pressures, research shows

August 19, 2022
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City centre continues to bounce back from impact of Covid despite cost pressures, research shows

Businesses in Bristol city centre businesses showed strong signs of recovery from the pandemic in the first half of this year in the face of higher costs and staff shortages, new research has revealed. Hotels and clothes shops enjoyed the biggest rise in spending – up 43% and 33%...

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Strong industry focus takes Foot Anstey’s turnover beyond £50m for the first time

August 19, 2022
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Strong industry focus takes Foot Anstey’s turnover beyond £50m for the first time

Annual turnover at Foot Anstey, the national law firm with an office in Bristol, has passed the £50m mark for the first time following an 8% rise in its 2021-22 financial year. The firm said the increase to £53.5m was down to its focus on key sectors and “outstanding...

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Best-ever first half puts Optimum Finance on launch pad for further expansion

August 19, 2022
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Best-ever first half puts Optimum Finance on launch pad for further expansion

Bristol-based invoice finance provider Optimum Finance has had its most successful half-year since its launch in 2017 while also reaching the milestone of advancing half-a-billion pounds. During the period, the specialist invoice finance provider processed more 400,000 invoices and worked with clients across almost 50 industries.  Meanwhile, it grew...

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Soaring costs and project delays force family-owned Bristol window firm into administration

August 19, 2022
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Soaring costs and project delays force family-owned Bristol window firm into administration

A long-established Bristol architectural window system business that has worked on many of the city’s landmark building schemes has gone into administration due to rising costs and delays on key projects. The Window Glass Company (Bristol), which trades as Window Glass, was founded in 1970 and operates from a...

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Ethical bank Triodos’ UK arm overcomes ‘challenging times’ with increase in first-half business

August 19, 2022
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Ethical bank Triodos’ UK arm overcomes ‘challenging times’ with increase in first-half business

Customer numbers at Triodos Bank UK, the Bristol-based ethical lender, grew by 2.5% in the first six months of this year despite the difficult economic environment. The lender, the UK arm of Dutch sustainable banking group Triodos, had 86,667 at the end of June, with total loans and advances...

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CBI’s flagship South West annual dinner returns in October after two-year gap caused by the pandemic

August 18, 2022
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CBI’s flagship South West annual dinner returns in October after two-year gap caused by the pandemic

Business leaders from across the South West are being invited to a major event in the region’s business calendar, the CBI’s annual regional dinner in Bristol. The event, which is traditionally a sell-out, is attended by more than 300 senior business figures from across the region – although it has not...

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West of England business group in urgent plea to ministers to protect firms from soaring energy bills

August 17, 2022
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West of England business group in urgent plea to ministers to protect firms from soaring energy bills

The government must set out an immediate plan to spur economic recovery, including helping firms pay their spiralling energy bills and easing restrictions on employing overseas workers. The call has come from Business West, the region’s largest business organisation, which fears more firms will be forced to close down...

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Burges Salmon team handles acquisition of UK solar pioneer by international asset manager

August 12, 2022
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Burges Salmon team handles acquisition of UK solar pioneer by international asset manager

Global alternative asset management firm ICG’s infrastructure fund has been advised by Bristol-headquartered law firm Burges Salmon on its acquisition of a major solar developer. British Solar Renewables (BSR), based in Shepton Mallet, was among the UK’s first developers of solar photovoltaic and has grown into one of the...

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Bristol-developed app that maps electric vehicle charging points powers ahead with £9m funding

August 11, 2022
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Bristol-developed app that maps electric vehicle charging points powers ahead with £9m funding

Zap-Map, the Bristol-based electric vehicle charge point mapping app,  has received a £9m investment to fuel further growth and steer it towards international expansion. Zap-Map has grown to become the UK market leader since its launch eight years ago , with a 70%-plus share of the rapidly growing electric vehicle...

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Investment for Bristol’s fast-growing fintech firms behind sharp rise in city’s venture capital funding

August 11, 2022
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Investment for Bristol’s fast-growing fintech firms behind sharp rise in city’s venture capital funding

Venture capital funding secured by fast-growth Bristol businesses leapt by two-thirds to £63m in the second quarter of this year, with the city’s burgeoning fintech sector leading the way. The big rise in total investment came despite a fall in the number of deals compared to the previous three...

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New grants available from the region’s combined authority to help small businesses adapt and grow

August 11, 2022
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New grants available from the region’s combined authority to help small businesses adapt and grow

A £1.5m fund has been launched to help small firms in Bristol and across the West of England and their supply chains adapt to the new economic and regulatory landscape. The Business Growth and Adaptions Grants are aimed at helping small to medium-sized enterprises buy new products and equipment...

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Evelyn Partners bucks recruitment trend to expand its assurance and business services team in Bristol

August 9, 2022
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Evelyn Partners bucks recruitment trend to expand its assurance and business services team in Bristol

Staffing levels in the Bristol-based assurance and business services (ABS) team of accountancy group Evelyn Partners have grown by 40% in two years – despite ongoing recruitment challenges in the sector. Evelyn Partners, which was created in June from the merger of Tilney and Smith & Williamson, has taken on...

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