The UK unemployment rate has dropped to 7.1 per cent, according to the latest figures from the Office for National Statistics (ONS). The ONS data shows the number of people out of work fell by 167,000 to 2.32 million in the three months to November 2013. The fall means the unemployment rate is almost at […]
The average annuity rate increased by a record 13 per cent in 2013, according to research from MGM Advantage. The MGM Advantage Annuity Index found that an average annuity bought in December 2013 will generate £7,560 more over retirement compared to an equivalent bought in December 2012. The index looked at level annuities without guarantees, […]
Exclusive analysis of data from the Department of Immigration and Border Protection reveals we are set to receive 290,000 immigrants from the United Kingdom this decade – more double the arrivals from the 90s. The data also reveals different waves in which countries have arrived in Australia, with Italians peaking in the 50s, the Vietnamese in the […]
Childcare costs rose by an average of 19 per cent in the year to December 2013, according to the results of a survey by Findababysitter.com. The childcare website collected data from 231,000 nannies, childminders and other childcare professionals and found that employing all types of childcarers increased in 2013. Key findings from the report: The […]
Total UK production was unchanged in the month to November 2013, according to the latest figures from the Office for National Statistics (ONS). The data revises down its earlier forecasts for the manufacturing and construction sectors, hinting that the economic recovery is not yet secure. Key findings from the latest ONS Index of Production: Total […]
As part of an investment or re-structuring, many companies will want to reorganise their share capital and end up with classes of shares of greater or lesser denominations. The “original” shares may then need to be removed from the equation, and unfortunately shares cannot just vanish into thin air. There are various ways to deal […]
The hidden trap and cost – Raising finance and choosing the best means of doing so remains a challenge for businesses. Low key and low value from friends and family does not usually create any additional compliance costs. However, in practice most businesses will have to cast their nets much wider when seeking to […]
The problem A lease may be forfeited and the landlord owed rent however under UK landlord and tenant law the landlord still has to proceed with care to avoid a claim. The typical situation is that a lease is forfeited or a tenant abandons premises or goes into liquidation and goods and belongings may […]
The consumer prices index (CPI) measure of inflation dropped to two per cent in December 2013, the Office for National Statistics (ONS) has announced. This is the first time the CPI rate has been at the Government’s two per cent target since November 2009. The ONS attributed the fall to slowing price rises for food […]
On the 1st July, Inspire opened a new office in London, and in an enthusiastic start to the new year, they organised a celebratory drinks party on the 9th January to officially launch this new venture. The event marks a successful first six-months at the London Office and gave London-based clients and contacts an opportunity […]
Date: 25 February 2014 Time: 8.30am start for 10.30am finish Venue: Royal College of Paediatrics and Child Health, 5 – 11 Theobalds Road, London WC1X 8SH What you will get out of this seminar: Gannons is hosting a seminar aimed at anyone considering selling their business. It will consider options for sale and how […]
Why are warranties in a UK agreement to buy a business important? The answer is: if the seller provides warranties to a buyer, this reduces the inherent risk in an acquisition. Warranties in business sales are contractual statements as to the condition of the target business. Their importance is underlined by the fact that when […]