Three in 5 SMEs are confident they can secure a bank loan to fund investment plans, research by Clydesdale and Yorkshire Banks has found. The survey of more than 850 SMEs found that buying equipment, premises and recruiting more staff are the top investment priorities. The poll also reveals that many SMEs are increasingly optimistic […]
The majority of British businesses favour a renegotiated relationship with the EU with certain powers returning to Westminster, a British Chambers of Commerce (BCC) survey has found. Of the 3,200 businesses surveyed by the BCC, 60% wanted to see a renegotiated relationship – a 6% increase on Q1 2014. The survey also found that: 59% […]
When it comes to transferring a business there are two basic methods to consider: a share transfer or an asset transfer. Gannons can help you decide which method would suit your business so that your exit is both tax efficient and cost efficient. Our ideas may help you in negotiating with the other side successfully […]
Welcome to the September 2014 edition of our Inspire newsletter. The directors at Inspire were nominated to do the ALS ice bucket challenge on Facebook and they completed it at the end of last week. To see Warren, Andrew and Mike get drenched outside the Inspire offices click here. In less than a week […]
Thousands of medium-sized businesses will be able to submit simpler accounts with Companies House under government proposals. Some businesses that are currently classed as medium-sized for accounting purposes would be considered ‘small’ under plans to enforce new EU rules in the UK. This is because the government plans to use the EU’s maximum thresholds for […]
Almost half of people do not know the current rate of their mortgage, research by communications campaigner Keep Me Posted has found. The consumer group surveyed more than 1,000 people and found that 42% of UK mortgage holders are unaware of the interest rate on their mortgage. The research also reveals that many people do […]
You are in a contract and the other side has broken it. You can end it, right? And that’s the best thing to do? You might think the answers are yes and yes – but they are maybe and maybe. And if you can end it and do want to, how do you do that? […]
‘Over the Top’ Warren Munson – Journey of a lifetime On the 9th September I and eight others will go ‘Over the Top’ and embark on the next cycling challenge (they seem to get madder each year!), starting in Bordeaux and cycling deep into the south of France to Perpignan, all to raise money […]
Graeme Kirk, Senior Partner of Gross & co, the Bury St Edmunds firm of Solicitors, has once again been listed in the Who’s Who Legal 2014, recognising leading international lawyers in their specialist field. Graeme is the only East Anglian lawyer recognised in the publication for the specialisation of Corporate Immigration. Entry to the publication […]
There was a ‘strong increase’ in cash savings in July 2014 following the introduction of New Individual Savings Accounts (NISA), according to the British Bankers’ Association (BBA). The BBA data reveals that savers deposited £4.9 billion more into ISAs in July 2014 compared to June 2014. NISAs allow customers to save up to £15,000 a […]
Home insurance is the easiest financial product to switch, a survey commissioned by Gocompare has found. The poll of more than 2,000 people found that the majority of consumers (90%) who had changed home insurance provider thought the process was easy. Car insurance (84%) and credit cards (83%) were the next easiest products to switch.Changing […]
Contractors wait more than 40 days for payment from some local councils, the Asset Based Finance Association (ABFA) has found. The research reveals that council suppliers wait an average of 17 days to receive payment from councils. In July 2010, local authorities were urged to follow the example of central government and pay 80% of […]