Friday 6 May 2022

The chief executive of CMO Group has said the online-only retailer of building materials continues to pursue a pipeline of acquisitions as well as organic growth. In full-year results, the business, which floated last year, has increased revenues past the £75m mark and reported a rise in EBITDA after weathering supply chain disruption and logistical difficulties.
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On 1 April, the government introduced a new indirect tax for plastic packaging to encourage more use of recycled plastic. Here's guidance from Old Mill's Marianne Hawksworth on the new rules.
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A printing company based in Bristol has completed its move to an Employee Ownership Trust (EOT), with its staff now owning a majority share of the business. Dealmaking specialist GS Verde advised on the deal.
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A Swindon-based security company has announced its first acquisition as part of its ongoing growth strategy.
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A forensic services company has acquired a niche business that provides laboratory testing of exotic animals from aardvarks to zebras. Corporate finance specialist Watersheds worked on the deal.
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Five years on from a pretty speculative launch, Huboo's ecommerce fulfilment business is surging ahead literally day by day. Christian Annesley finds out what's working.
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David Tanswell, managing director at Commercial Property Advisors, believes that the implementation of the £1.5bn Covid Additional Relief Fund has been rushed and is difficult to apply for. However, he believes that if your business has suffered, but you're otherwise ineligible for any existing relief schemes, then this might be the one you've been waiting for. Just make sure you make your appeal count.
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Commercial law firm Acuity Law – which operates from sites in Cardiff, London and Swansea – has opened a Bristol office, prompted by a record number of consultancy hires in the region.
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Proposals for a commercial development in the Somer Valley are set to go out to consultation.
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Ambitious plans to transform the north of Bath city centre by attracting creative industries, providing 180 homes and relocating the area's Fashion Museum have been revealed.
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McColl's Retail Group has warned it is "increasingly likely" to call in administrators if short-term funding cannot be secured.
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Bristol-based independent commercial property consultancy Hartnell Taylor Cook has announced its best ever financial results.
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National law firm Browne Jacobson has promoted 31 lawyers across its business.
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The Bank of England has taken the decision to further increase interest rates.
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Channel 4 has outlined its alternative to the government's proposed privatisation of the broadcaster, including plans to expand its presence outside of London.
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OTHER NEWS

MEMBER NEWS

The Institute of Directors (IoD) has appointed an education and skills ambassador for the South West.
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The first phase of works to repair and refurbish the Torquay Town Dock is complete.
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UPCOMING EVENTS