It has been the law for a long time that an employer’s actions or inactions may be so bad that an affected employee can treat the act, or failure to act, as an end to their employment. The employee’s resignation can be followed by a claim — normally at an employment tribunal — for compensation. […]
Businesses affected by recent flooding can get Government support to help them recover. Announcing the package of measures David Cameron said that “money is no object to help this flood relief effort”. Eligible flood-hit businesses can receive: A £5,000 ‘repair and renew’ grant to build flood protection into businesses as they are repaired A 100 […]
Brits are saving £16 more per month than they were ten years ago, according to research by National Savings & Investments (NS&I). The NS&I Quarterly Savings Survey found that UK adults save an average of £98 a month, or 7.8 per cent of their income. This compares to £85 (6.4 per cent) five years ago […]
Consortium (BRC) has published a set of ideas to reform the business rates system. The Road to Reform proposes incentives for businesses to invest in property, as well as support for the regeneration of high streets and job creation. Potential options for further discussion: Replacing the current tax system, which is based on rent, with […]
We are delighted to announce that on 3rd February 2014 Klein Solicitors, a multiple award-winning boutique law firm, merged with Hunters. Klein’s Managing Director, Gregor Kleinknecht joins the firm as a Partner in theDispute Resolution and Business Services departments, whilst Gregor’s assistant,Petra Williams-Lescht, joins those departments as an Assistant Solicitor. Gregor, who was the Corporate LiveWire Litigation Lawyer of the […]
Online retailers have reported their strongest January sales of non-food products since 2009, according to the British Retail Consortium (BRC). Online sales of non-food products increased by 19.2 per cent in January 2014, compared with January 2013. The BRC research found: Online purchases represented 17.4 per cent of total non-food sales in January 2014 Online […]
The number of corporate insolvencies fell in 2013 to its lowest level since 2007, according to Government figures. Last year 14,982 firms went into liquidation, a 7.3 per cent decrease compared to 2012. The level of individual insolvency dropped to 101,049, the lowest level since 2005. Key Government figures: There were 3,624 compulsory company liquidations […]
Welcome to our inaugural newsletter of 2014. So, the first month of the year is over, and with it, the personal tax return deadline for another year. Hopefully you’ve avoided any penalties by filing your tax return on time, however if you missed it, you might be in luck as HMRC granted a last-minute reprieve to some, […]
Business groups have called for reform of the Prompt Payment Code (PPC) after data showed that more than half of Federation of Small Businesses (FSB) members were not paid by the agreed date. Set up in December 2008, the PPC is a Government-backed scheme designed to encourage businesses to pay their suppliers on-time and within […]
Small manufacturers are planning to increase investment during 2014, according to a survey by the Confederation of British Industry (CBI). The latest CBI SME Trends Survey of over 300 small and medium-sized manufacturers found that investment intentions were the highest in recent years: Plans to spend on buildings hit a balance of +14 per cent, […]
A sixth of the UK’s population lives in accommodation rented from private landlords, according to a report published by property group Knight Frank. The report analysed rental and capital growth in six UK cities and examined wider trends in the private rented sector. Key findings reveal: The number of rented households is expected to rise […]
A raft of measures designed to boost high streets and local economies has been announced by Communities and Local Government Secretary Eric Pickles. A number of measures to support businesses were announced by the Chancellor George Osborne in December’s Autumn Statement. These included: capping business rate rises at two per cent for 2014/15 extending the […]