Profits under pressure at Bristol’s largest law firms as growth slows and costs rise

October 27, 2023
Profits under pressure at Bristol’s largest law firms as growth slows and costs rise

Bristol-headquartered Burges Salmon has become the latest major law firm in the city to report a fall in annual profits as margins came under pressure from spiralling costs. While revenue rose at the firm by 8% to £128.2m in the financial year ending 30 April, net profit was down...

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£50m share offer launched by Bristol renewable energy investor to double its generation capacity

October 27, 2023
£50m share offer launched by Bristol renewable energy investor to double its generation capacity

Thrive Renewables, the Bristol-based renewable energy investment company, aims to double the energy generation capacity in its portfolio over the next five years with the proceeds of a new £50m share offer. Equity raised through the crowdfunding offer will be used to build new onshore wind, solar, geothermal and...

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Michelmores works with pioneering sustainability group on its transformative takeover deal

October 27, 2023
Michelmores works with pioneering sustainability group on its transformative takeover deal

A cross-sector team from Michelmores has advised leading sustainability certification and net zero consultancy Planet Mark on its acquisition by workplace safety group Alcumus. London-based Planet Mark has been working with organisations, including Michelmores, to enable meaningful change and create a more sustainable and equitable world. The firm’s sustainability expertise...

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Trade mission to showcase opportunities for Bristol firms in Hong Kong’s tech sector

October 27, 2023
Trade mission to showcase opportunities for Bristol firms in Hong Kong’s tech sector

Tech business founders from Bristol and across the West of England are being given the chance to explore Hong Kong’s burgeoning tech ecosystem on a trade mission next month. Tech West England Advocates (TWEA) is leading the mission, which is that is backed by a range of partners including...

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Widely experienced deal-maker joins Shaw & Co to drive its M&A and funding activity

October 26, 2023
Widely experienced deal-maker joins Shaw & Co to drive its M&A and funding activity

Shaw & Co, the Bristol-based corporate finance advisory firm, has appointed Peter Doe as senior manager to support its mergers and acquisitions and business funding divisions. The firm described Peter, pictured, as an entrepreneurial business leader who combines commercial insightfulness with extensive experience. He also has a “demonstrable history...

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Fears ‘insurmountable’ business rates rise will hit Bristol’s hotels just as they begin to recover

October 26, 2023
Fears ‘insurmountable’ business rates rise will hit Bristol’s hotels just as they begin to recover

Bristol hotel bosses are warning that a rise in business rates and the scrapping of the relief linked to them for the hospitality sector could deal a fatal blow to some venues as they continue to reel from a series of crises. The Bristol Hoteliers Association (BHA) – which represents...

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Bristol event will show firms how they can sell to local authorities across the region

October 26, 2023
Bristol event will show firms how they can sell to local authorities across the region

Businesses can find out how best to supply goods and services to public sector organisations across the West of England at an event next week. The annual showcase has been running since 2005 and, after two years of being an online event, this year will be held at the...

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New director appointed to Bishop Fleming’s fast-growing audit team in Bristol

October 26, 2023
New director appointed to Bishop Fleming’s fast-growing audit team in Bristol

Regional accountancy, tax and advisory firm Bishop Fleming has recruited a new audit director to its Bristol office as it seeks to build on last year’s record-breaking performance. Alex Walling, pictured, has joined the audit team as demand for its services increases, most notably in the public sector and...

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Osborne Clarke to train staff, clients and suppliers on how they can help tackle the climate crisis

October 26, 2023
Osborne Clarke to train staff, clients and suppliers on how they can help tackle the climate crisis

International law firm Osborne Clarke, which has a major office in Bristol, has strengthened its commitment to reach net zero by rolling out a tailored carbon literacy course in the UK. The training programme has started with the firm’s UK executive board and will be followed by a broader...

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