Train passengers in the South East could soon be thanking Bristol intelligent video specialist One Big Circle for fewer delays after Network Rail contracted the firm to use its pioneering tech to detect critical faults on its lines. One Big Circle is to deploy its award-winning AIVR (Automated Intelligent...
Bosses at fast-growing Bristol fintech innovator Parmenion are looking ahead to further expansion following its £102m sale this week by Standard Life Aberdeen to a private equity firm. London-based Preservation Capital Partners (PCP) said it would back Parmenion’s management team in their expansion ambitions. Parmenion, which has developed market-leading discretionary...
A dedicated cell and gene therapy centre is to be set up in Bristol by city-based bio-pharmaceutical consultancy eXmoor in a move that will increase its staffing from 40 to around 200. In a major boost for Bristol’s emerging biotech sector, the 50,000 sq ft cell and gene therapy...
Cyber technology, advanced manufacturing, renewable energy and the green economy should be harnessed to drive recovery and growth in the Western Gateway, the regional powerhouse that includes Bristol, the West of England and South Wales. The recommendation comes in an independent report published this week which also suggests the region...
Digital engineering innovation developed by Bristol-based specialist CFMS is helping keep costs down on the UK’s HS2 high-speed rail link now under construction between London and Birmingham. The not-for-profit specialist is harnessing its world-class modelling capability to help improve the design and performance of the controversial project, Britain’s biggest...
Bristol influencer marketing agency Fourth Floor has teamed up with a Bath consultancy to power-up its offering to clients in the gaming, tech and entertainment sectors. Fourth Floor and Bath-based specialist marketing agency Dialect have both experienced significant growth over the past year due to new client wins and from digital audiences,...
The pandemic has created a vast agile working experiment that may permanently change the office environment. The past 12 months have seen companies scramble to put technology in place to allow employees to work remotely and to allow businesses to continue as normal, but it has also brought acceptance...
The West of England Combined Authority (WECA) welcomed an extra £4.1m investment announced in the Budget to support its efforts to reduce car usage and improve air quality by getting more people to walk, cycle and use public transport. This new money, for the year 2021-22, comes as WECA continues to develop its...
Bristol business leaders have given many of the measures in today’s Budget a warm welcome – especially the previously-trailed furlough extension – but there was also concern over the delayed Corporation Tax increase. Business West, which runs Bristol Chamber of Commerce, said businesses would welcome the extension of the...
The CBI said Chancellor Rishi Sunak’s decision to hike Corporation Tax to 25% in one leap – the first increase since 1974 – would “cause a sharp intake of breath” for many businesses. It also warned that the move – which is planned to come into effect in 2023...
Chancellor Rishi Sunak has delivered his Budget this afternoon. The main points are: No rise in VAT, income tax or national insurance Corporation tax to rise from 19% to 25% from 2023 but only 10% largest companies will pay, Chancellor claims Two-year ‘super deduction’ in tax for companies that invest...
Bristol-based invoice finance provider Optimum Finance has appointed former Microsoft global director Gordon McIntosh as chief technical officer, furthering its specialism in the fast-growing fintech sector. Scottish/American national Gordon, pictured, has extensive experience having spent 10 years working at Microsoft headquarters in Seattle in a variety of senior roles. ...
Bristol start-up Spherics, whose innovative platform helps small firms measure, mitigate and manage their environmental impact, has been named as one of the rising stars of the UK tech sector. Spherics’ accessible tool for environmental reporting and management fills a gap in the market, empowering small businesses to monitor...
