Finance

Bristol Business Blog: Matt Bracher, managing director, Haines Watts Bristol. The tax implications of investing in crypto

April 12, 2022
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Bristol Business Blog: Matt Bracher, managing director, Haines Watts Bristol. The tax implications of investing in crypto

The conversation around investing in what is known as a ‘cryptoasset’ is becoming more popular and high profile. In the UK alone estimates suggest that more than 2m people currently have an investment in cryptocurrencies, such as Bitcoin and Ethereum.  This is certainly a different market in which to...

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Tilney Smith & Williamson Bristol team contribute to guide to the UK for international fintech firms

April 11, 2022
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Tilney Smith & Williamson Bristol team contribute to guide to the UK for international fintech firms

Experts from the Bristol office of accountancy group Tilney Smith & Williamson have joined forces with the Department for International Trade (DIT) to produce a guide to setting up in the UK  for international fintech firms. Called Doing business inthe UK – A guide for fintech businesses, it provides expert...

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Top investors back breastfeeding and early parenthood support app in seed funding round

April 8, 2022
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Top investors back breastfeeding and early parenthood support app in seed funding round

Bristol-based breastfeeding and early parenthood support innovator LatchAid is poised for further growth after closing its seed funding round, taking its total investments to £1m and bringing in some high-profile backers. The fundraising round was led by super angel and former Google UK & Ireland managing director Dan Cobley and...

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£3.3m secured from government to expand WECA’s Skills Bootcamps scheme

April 8, 2022
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£3.3m secured from government to expand WECA’s Skills Bootcamps scheme

A successful Skills Bootcamp programme for the unemployed and those seeking to change their career is to be extended following the allocation of £3.3m in new government funding. The money, which will enable a further 1,200 learners to take part in the scheme across the West of England, was...

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Acquisition of five site investigation businesses handled by Tilney Smith & Williamson Bristol team

April 7, 2022
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Acquisition of five site investigation businesses handled by Tilney Smith & Williamson Bristol team

Bristol-based experts at national accountancy group Tilney Smith & Williamson have advised on a deal that greatly expands the services of a firm specialising in site exploration, including unexploded mines. The acquisition by Queen’s Award for Enterprise winner SafeLane involved five businesses within the Raeburn Group. The move expands...

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Major US group snaps up Bristol firm behind innovative analytical tech used in global pharma sector

April 7, 2022
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Major US group snaps up Bristol firm behind innovative analytical tech used in global pharma sector

A Bristol-based firm supplying pioneering analytical technology to the global pharmaceutical industry has been sold to a major US biotech group in a deal handled by a team from law firm Thrings. Optimal Industrial Automation and Technologies’ acquisition by Massachusetts-based Bruker Corporation opens up new markets for both firms.  Founded...

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Head of PKF Francis Clark’s Bristol business services team among latest promotions at firm

April 5, 2022
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pkf2

Four newly promoted partners and directors are embarking on the next stage of their careers at South West accountancy firm PKF Francis Clark. Ben Lee and Ryan Prynne, pictured right, have become partners in the firm’s latest round of promotions, while tax adviser Rob Deare and legal sector specialist...

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Funding for Bristol firm aiming to disrupt the outdated employee benefits tech marketplace

April 1, 2022
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Cloud8 l-r Dipa Mistry Kandola (MD), Julian Dennard, Rafael Joseph, Ian Rummels (1)

Cloud8, the Bristol firm that has developed an innovative digital employee benefits platform, has raised £750,000 to further enhance its product. The investment from from Mercia, which recently launched an office in Bristol, will enable Cloud8 to further build its team and boost its sales and marketing activity as...

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Investment will help growth-hungry Bristol cake maker rise to challenge of further expansion

April 1, 2022
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Investment will help growth-hungry Bristol cake maker rise to challenge of further expansion

Bristol-based handmade cake firm Cakesmiths has secured investment from mid-market private equity firm LDC to support the next stage of its rapid growth. Cakesmiths supplies its range of artisan cakes to independent customers across the UK through its direct-to-market online platform.  It caters to a wide range of palates,...

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Deloitte will use move to landmark Bristol office scheme to build on its green credentials

April 1, 2022
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Deloitte will use move to landmark Bristol office scheme to build on its green credentials

Accountancy group Deloitte is to relocate its South West office after signing a deal with Bristol developer Cubex to take space in its flagship Halo building. Deloitte, which currently has more than 600 staff spread across two offices in Rivergate and Bull Wharf, will occupy 22,500 sq ft over...

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Plea for government action after survey shows huge price pressures mounting for businesses

April 1, 2022
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Plea for government action after survey shows huge price pressures mounting for businesses

The government has been urged to help Bristol businesses weather the storm of soaring energy, raw material and wage costs at a time when they are still being buffeted by the combined impact of Brexit and the pandemic. The plea has come from Business West, the regional business group...

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Top talent taken on by Bristol utilities firm The Bunch as its growth powers ahead

April 1, 2022
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Top talent taken on by Bristol utilities firm The Bunch as its growth powers ahead

Bristol-based utilities innovator The Bunch has strengthened its senior management team with a raft of strategic hires as it targets a 100% increase in customers this year. The hires follow a highly successful year for the company, which consolidates all household bills into a single monthly payment and grants...

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National Friendly stays with Bristol software developer to give its data platforms some extra spark

March 31, 2022
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National Friendly stays with Bristol software developer to give its data platforms some extra spark

Award-winning Bristol health and protection insurer National Friendly has extended its partnership with software development company Spark! Data Systems, which is also based in the city. Spark! will continue to deliver and support National Friendly’s policy administration and customer services platform Odyssey, which it uses across its range of...

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