The coronavirus pandemic has pushed up the number of profit warnings issued by South West listed businesses to a 20-year high, with those in the travel and leisure sector hardest hit. According to new figures from accountancy group EY, profit warnings soared by 73% year-on-year in the first half of...
An innovative way of dramatically simplifying the cost and performance analysis of cloud computing technology has been launched by YellowDog, the Bristol-based tech business. According to the firm, the YellowDog Index “brings order to chaos” by cutting through the complexity of comparing different combinations of processor, memory, bandwidth and...
A £10m innovation project to help Bristol businesses make products that are lighter, more fuel efficient and have less waste and so reduce carbon emissions has been officially launched. The Digital Engineering Technology & Innovation (DETI) initiative will play an important role in driving innovation and digitally enabled recovery...
One of the UK’s leading private equity firms has been advised by lawyers from Bristol-headquartered national firm TLT on its £2m investment in a fast-growing data analytics company. Maven Capital Partners UK’s growth capital deal with Hublsoft Group forms part of that firm’s first-round funding, which it will use...
Bristol law firm Gregg Latchams and regional chartered accountants Milsted Langdon have teamed up to launch a ‘Bristol Bounce Back’ initiative to help firms recover from the Covid-19 pandemic. The project is supported by an expert panel made up of individuals some of the city’s leading businesses including the Bank of England’s South...
Bristol-based start-up OurPeople, which has built a team communication and engagement platform for deskless workers, has raised $2m (£1.61m) in funding. Leading the Series A round is Alpine Meridian, a New York-based investment firm specialising in digital media, e-commerce and healthcare, along with entrepreneur Robert Neveu, who has joined OurPeople...
Business confidence has bounced back stronger in the South West than any other part of the UK, according to a new survey – but many firms remain gloomy and one in 10 expects to stay closed due to the coronavirus pandemic. The monthly Business Barometer from Lloyds Bank Commercial...
SETsquared Bristol, three times winner of the title of the world’s best university-backed incubator, has landed another top international accolade – this time as Europe’s ‘hottest accelerator’. Led by the University of Bristol and based at the city’s Engine Shed innovation hub, SETsquared Bristol supports the growth of technology-based...
The Bristol office of financial and professional services firm Smith & Williamson has advised Bright Network, the platform that connects employers with graduates, on its £3.5m fundraising. The investment from Maven Capital Partners will support smart matching technology capabilities and enhancing sales and marketing resources at London-based Bright Network....
Bristol’s small businesses are being offered the chance to get free help to manage their finances in the wake of the Covid-19 pandemic thanks to a new programme launched by West of England Mayor Tim Bowles. The accountancy support programme is being delivered in partnership with the Institute of...
A pioneering project involving many of Bristol’s leading creative businesses, alongside both its universities and a number of its arts groups, is aiming to make the South West an international trailblazer in screen-based media. The MyWorld initiative could generate more than 700 jobs across the region through new digital...
Bristol science and tech hub Future Space has teamed up with city-based communications agency Purplefish to launch a programme of advice and support to businesses for businesses across the South West. The free, virtual advisory sessions have been helping firms based at the hub on UWE Bristol’s Frenchay campus...
Clean energy group Good Energy has taken effective control of Bristol-based Zap-Map, the popular app for the UK’s 300,000-strong electric vehicle (EV) drivers in which it bought a minority stake last year. Good Energy snapped up a 12.9% share in Zap-Map’s parent company Next Green Car in March last...
