Finance

Ashfords acts for fast-growing fintech client in ground-breaking deal with Mastercard

December 16, 2020
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Ashfords acts for fast-growing fintech client in ground-breaking deal with Mastercard

The Bristol office of national law firm Ashfords has advised fintech client Form3 on a major investment and partnership with global payment technology leader Mastercard which could transform the industry. Under the agreement, Mastercard will use London-based Form3’s cloud-based systems to help banks and financial institutions around the world...

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National group snaps up Bristol ethical waste management firm

December 16, 2020
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National group snaps up Bristol ethical waste management firm

Bristol-based ethical waste management company Waste Source has been acquired by national market leader Reconomy UK in a deal handled by regional accountancy firm Milsted Langdon. Waste Source was launched in 2010 to make waste disposal a simpler, cheaper and more effective process so businesses could reduce their waste...

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Womble Bond Dickinson team unpacks £7m investment into luxury villa holiday firm

December 16, 2020
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Womble Bond Dickinson team unpacks £7m investment into luxury villa holiday firm

The Bristol office of transatlantic law firm Womble Bond Dickinson has advised longstanding client Piper Private Equity on a £7m investment into a specialist villa brand. London-based The Thinking Traveller was launched in 2002 with seven villas in Sicily and today has 220 highly curated properties, including some of the...

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£2m investment from BGF paves way for more growth at HR and payroll software pioneer

December 15, 2020
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£2m investment from BGF paves way for more growth at HR and payroll software pioneer

Bristol-based XCD, the cloud-based HR and payroll software firm, has received a £2m investment from BGF to spur further organic and acquisitive growth.  Founded in 2011, tech innovator XCD now has a workforce of employ more than 70 people and 30,000-plus users spanning not-for-profit, private and public sectors across...

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TLT teams up with Manchester Met University to set up UK’s first law firm fintech school

December 15, 2020
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TLT teams up with Manchester Met University to set up UK’s first law firm fintech school

Lawyers at Bristol-headquartered TLT are to benefit from a first-of-its kind fintech school set up by the firm in partnership with Manchester Metropolitan University. The course gives the national firm’s lawyers a critical understanding of some of the most transformative technologies in the financial services industry, including blockchain and...

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Entrepreneur unveils scheme to make Bristol the ‘new West Coast’ for scientific innovation

December 11, 2020
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Entrepreneur unveils scheme to make Bristol the ‘new West Coast’ for scientific innovation

Plans to develop a world-class ‘deep tech’ ecosystem in Bristol where scientists and engineers can accelerate ground-breaking ideas have been unveiled by one of the city’s most successful entrepreneurs of recent years. The scheme, led by Bristol-based chemist and investor Dr Harry Destecroix, includes an incubator, a £15m early-stage...

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German real estate group latest overseas investor to enter Bristol’s booming student property market

December 11, 2020
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German real estate group latest overseas investor to enter Bristol’s booming student property market

Another overseas property investment firm has snapped up an upmarket Bristol student accommodation scheme – this time before it has even opened. A fund operated by German real estate giant DWS acquired the state-of-the-art, 357-bed project in Redcliffe, pictured, for £57m from developer F3Group. The building, which is leased to...

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Government financial support for locked down firms covered just quarter of their costs, survey shows

December 11, 2020
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Government financial support for locked down firms covered just quarter of their costs, survey shows

West of England Firms have slammed government financial support for businesses forced to close during the most recent lockdown as grossly inadequate. Some 54% of businesses that were shuttered during November – including restaurants, cafes and non-essential retailers – said the financial assistance covered less than a quarter of...

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Rathbones steps up to support Above & Beyond’s Christmas appeal after tough year for hospital charity

December 8, 2020
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Rathbones steps up to support Above & Beyond’s Christmas appeal after tough year for hospital charity

Wealth management firm Rathbones’ Bristol office is supporting city hospital charity Above & Beyond’s Christmas campaign to help create a lasting legacy for patients, staff and the community. As the NHS charity for University Hospitals Bristol and Weston NHS Foundation Trust (UHBW), Above & Beyond funds projects over and...

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Brexit confusion continues for third of firms as UK-EU talks go down to the wire

December 8, 2020
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Brexit confusion continues for third of firms as UK-EU talks go down to the wire

A third of South West firms still do not know if they will be impacted by Brexit with less than four weeks to go to the end of the UK-EU transition period, according to a new survey. At the same time 46% are worried that Brexit could have a...

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Burges Salmon says stronger-than-expected first half means it can repay furlough money

December 4, 2020
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burgessalmon

Bristol-headquartered national law firm Burges Salmon is to repay the furlough grants it received from the government at height of the coronavirus pandemic. The firm, which employs more than 800 people in its Bristol HQ and London and Edinburgh offices, said it had decided to take the action following...

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Firms invited to have their say on region’s 20-year planning blueprint

December 4, 2020
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Firms invited to have their say on region’s 20-year planning blueprint

Bristol businesses have less than two weeks to give their views on the type of employment spaces, vital transport links and homes the region needs over the next 20 years. The West of England Combined Authority (WECA) has already received almost 1,000 responses to the survey it is running...

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New lead partner for PKF Francis Clark’s Bristol office as it continues to expand

December 3, 2020
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New lead partner for PKF Francis Clark’s Bristol office as it continues to expand

South West accountancy group PKF Francis Clark has appointed a new head of its Bristol office to spearhead its continued expansion in the city and surrounding area. Paul Bray, pictured, has taken over as lead partner following the retirement of Mike Lea.  He will be working closely with corporate...

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