A world-leading plastics reprocessing plant in Bristol touted as being an essential part of the UK’s move to a circular economy when it opened two years ago is to close. Operator Viridor blamed challenging market conditions and a lack of pro-recycling legislation for the shutdown. The firm, owned by US...
Global real estate advisor CBRE is to relocate its Bristol base from Clifton to a state-of-the-art new office development in the city centre. The firm’s South West and Wales team will move into EQ on Victoria Street, the first building in the world to achieve SmartScore Gold accreditation for...
A business providing mobile freezers to events and secure self storage in shipping containers is on the road to more growth after teaming up with Bristol specialist motor leasing company Vanaways. Container Team has taken on three new vehicles and opened its first indoor self-storage facility as it looks...
Firms in central Bristol are being consulted on a plan to merge the three Business Improvement Districts (BIDs) covering the area in a move that they say would leverage more funding to drive economic growth. The Bristol City Centre, Redcliffe & Temple and Broadmead BIDs claim by uniting and...
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...
The planning & environment practice in international legal practice Osborne Clarke’s Bristol office has been boosted with the appointment of Christian Silk as partner. Described by the firm as a highly skilled and experienced planning and environment lawyer, Christian, pictured, supports clients across the energy, infrastructure and built environment...
Each week Bristol Business News gives a prominent member of the city’s business community the last word on its weekly e-bulletin. This week CBRE Bristol operational real estate transaction team leader Phil Schmid, answers our 10 questions. What was the LAST: Film you watched? The Ministry of Ungentlemanly Warfare. My wife...
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...
Hospitality businesses from Bristol will line up against the cream of the West of England’s tourist attractions next month when the region’s most prestigious awards scheme for the sector returns for another year. The Bristol, Bath, and Somerset Tourism Awards celebrate excellence in an industry that has continued to...
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. ...
