The Society of Merchant Venturers (SMV) have been running (or at least trying) to run Bristol since their ‘royal charter’ of 1551. Nearly 500 years of feathering their own fat nests.

This unelected, undemocratic ‘union’ of rich merchants and  businessmen, landowners, property speculators and their ilk concentrated on controlling the port, overseas trade, the corporation (now the City Council) and of course they made a fortune out of slavery.

In the 20th and 21st century they are renowned for masquerading as a ‘charity’, whilst their members have their ‘fingers in the pies’ of the Port of Bristol, public utilities like Wessex Water, huge business deals such as the ‘Arena’, the Church of England, both Universities, healthcare, the arts, schools and institutions such as the Beacon (ex-Colston Hall) that have swallowed up hundreds of millions of public funds. The power of the SMVs purse dominates these areas.

As a manager at the Old Vic theatre explained to us a few years ago “you musn’t have a go at the Merchant Ventuers, nothing happens unless they say so”.

An important part of this historic control has been manipulating the local media and politicians for their own interests. For example, in the 2000s the journalists at the Bristol Post knew they could not write pieces which were critical of SMV projects, from academy schools, funding the ‘Colston Hall’ to buying the Port of Bristol for a £1.

This was because Post editors like Mike Norton were well-known for being up the arse of the Venturers. It was common knowledge amongst Post journalists that Norton desperately wanted to be invited to be a member of the SMVs and he suppressed any stories that might piss them off as a result.

In one case he even threatened to sack a journalist for exposing members of the Venturers trust (the educational arm of the SMVs) for defamation. Despite his sychophantic loyalty to the SMVs, Norton never made it to be a member and retired a few years ago.

Five years ago, under huge pressure after the city rejected the SMVs slave-trading idol Edward Colston, the Venturers realised they had to modernise in order to survive. In their minds this meant allowing a few women and ‘ethnic monorities’ to join… shocker!

Of course, these people weren’t normal Bristolians but had to be millionaire business owners with good political ties, seeking status amongst the big business people in the city. One of their targets was corporate lawyer, Marti Burgess of the Burgess family empire, inner city ‘entertainment’ property owners who made millions running clubs like Lakota in Stokes Croft.

Burgess, a close aide of Marvin Rees during his Mayoral electoral campaign in 2016, realised how powerful the SMVs were when she was asked by Rees to map out the power structures in the city. She recalled “I did not know who the Merchant Venturers were until I surveyed the city. The SMVs had interests in so many sectors I told Rees that, after the Council, they were the most powerful organisation in Bristol”.

The unelected, undemocratic and exclusive SMVs appealed to Burgess and Rees, as a powerful body to join and collaborate with.

As elected Mayor, Rees went along with most of the SMV members’ needs, continuing to pour money into their iconic baby ‘the ex-Colston Beacon’, handing the arena site at Temple Meads to Bristol University and the airfield at Filton to Malaysian corporation YTL.

Rees seemed to think that if powerful businessmen from the SMVs were nice to him, then that meant they liked him. Worried close associates in the Labour Party pointed out they were only being nice because he was the elected Mayor and they were after contracts, not because they actually liked him!

Rees even refused to engage with the campaign to remove the slave-trader Colston from representing the city, sending the cops after the Colston 4 statue topplers and claiming that the protesters were “privileged” and the SMVs were the “genuine anti-racists in the city”.

Meanwhile, despite the anti-racist rhetoric of Marti Burgess, she joined the SMVs in 2020, claiming she was going to ‘change’ the organisation from within. Fuck all has happened of course and far from leaving the SMVs Burgess has stayed in there.

In 2024, with the blessing of the “anti-racist” SMV Rees was paid off with an honorary degree from their (Bristol) university, given a ‘job’ travelling round the world to climate conferences. Earlier this year made it into the House of Lords, as Lord Rees of Easton. Not bad for a failed Mayor who managed to get the post of elected-Mayor voted out of the city.

However, there was a spanner in the works when Rees was asked to declare his business interests as a Lord. As Private Eye pointed out, Rees’ own ‘personal services’ company was being paid by Ameresco Inc, the US multinational that signed a billion pound contract (yes! £1,000,000,000) with Bristol City Council under Rees’ watch in 2021. Smoking gun or what? At the Bristolian press centre we waited weeks for a news organisation in Bristol to follow up the Eye article.

The only place it appeared was on a local blogger’s website and the blogger’s husband happened to be a leading reporter in the Bristol media organisation Bristol 24/7, but still there was silence.

Who is on the board of 24/7? Yes, you guessed it SMV member and close associate of Rees, Marti Burgess. It would be no surprise to us that Burgess suppressed this massive story. 

As a result of the yawning silence over this smoking gun, The Bristolian broke the story on the streets of Bristol by publishing the ‘Robber Baron’ issue . 48 hours later the cat was out of the bag when the Bristol Post ran the story, and then surprise, surprise even the fawning Rees propaganda arm the Bristol Cable were forced to say something. This is nothing new to us at The Bristolian as we often have to lead the way with ‘difficult’ stories like this. To this day 24/7 have left it unreported.

They say nothing changes, everything stays the same…..in the newly ‘diverse’, ‘modern’ Bristol we have the same old power structures, political corruption, businesses leeching off public money and of course members of the SMVs like Burgess controlling our access to news to protect their business interests and their dodgy ‘high and mighty’ mates.

The Committee for Public Safety