Legal

Royds Withy King welcomes move to allow Wills to be witnessed via video link

July 29, 2020
By
Royds Withy King welcomes move to allow Wills to be witnessed via video link

Changes to legislation that will mean individuals can have their Wills witnessed via video links have been welcomed by law firm Royds Withy King, which has been using WhatsApp to liaise with clients in this way during lockdown. The government this week said that it will introduce a retrospective law to reassure thousands of people...

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Profit warnings soar to 20-year high as Covid-19 crisis hits South West’s quoted firms

July 23, 2020
By
EY

The coronavirus pandemic has pushed up the number of profit warnings issued by South West listed businesses to a 20-year high, with those in the travel and leisure sector hardest hit. According to new figures from accountancy group EY, profit warnings soared by 73% year-on-year in the first half of 2020 to 26 – with 85%...

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Insolvency group warns Govt figures on business failures mask true impact of Covid-19 on firms

July 21, 2020
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Insolvency group warns Govt figures on business failures mask true impact of Covid-19 on firms

Government figures showing another monthly fall in corporate insolvencies are hiding the true picture of the damaging effect of the coronavirus pandemic on businesses,  according to the South West branch of insolvency and restructuring trade body R3. Insolvency Service statistics for June show 732 company insolvencies in England and Wales, lower than May’s figure...

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Buy-to-let landlords and second homeowners in firing line from CGT reform, warns Royds Withy King

July 19, 2020
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Buy-to-let landlords and second homeowners in firing line from CGT reform, warns Royds Withy King

Bringing Capital Gain Tax (CGT) rates in line with those for Income Tax could hit buy-to-let landlords, portfolios, second homeowners and people with inheritances, according to an expert at regional law firm Royds Withy King, which has an office in Swindon, Earlier this week Chancellor Rishi Sunak announced a review of CGT, with many commentators...

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Chancellor’s summer economic statement: Key points . . .

July 8, 2020
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Chancellor’s summer economic statement: Key points . . .

Chancellor Rishi Sunak is making his economic statement in the Commons. He said the government would do “all we can” to help prevent job losses in the wake of the coronavirus pandemic. The main points were:  Government will pay £1,000 to businesses for each furloughed employee they bring back and retain until January. Cut in...

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Gloom lifts slightly as survey shows marked bounce back in business confidence in South West

July 7, 2020
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Gloom lifts slightly as survey shows marked bounce back in business confidence in South West

Business confidence has bounced back stronger in the South West than any other part of the UK, according to a new survey – but many firms remain gloomy and one in 10 expects to stay closed due to the coronavirus pandemic. The monthly Business Barometer from Lloyds Bank Commercial Banking had shown a huge...

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Thrings continues recruitment drive with two senior appointments

July 2, 2020
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Thrings continues recruitment drive with two senior appointments

Swindon-headquartered law firm Thrings has appointed two senior associates - succession and tax expert Gavin Smith and commercial property specialist Natalie Day – to advise the firm’s fast-growing portfolio of land development and private wealth clients. Gavin, who joins Thrings’ Bath office, advises on all aspects of private client law, including succession and estate planning, tax,...

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Pack aimed at easing stress of care home registration launched by Royds Withy King

July 1, 2020
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Pack aimed at easing stress of care home registration launched by Royds Withy King

Regional law firm Royds Withy King, which has an office in Swindon, has teamed up with a company providing management toolkits for care providers to create a comprehensive care home registration pack. The pack, which will be free to download, includes all the necessary tools to successfully register a new CQC (Care Quality Commission) regulated...

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Finance hub launched to connect borrowers, lenders and investors – without the hard sell or jargon

June 25, 2020
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Finance hub launched to connect borrowers, lenders and investors – without the hard sell or jargon

An online service promising impartial financial advice for Swindon firms on funding options has been launched by Business West, the region’s largest business organisation. According to Business West, which runs the Swindon & Wiltshire Initiative, its Finance Hub will be free from confusing jargon or any hard sell, enabling businesses to decide what sort...

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Government Covid-19 emergecy measures keep insolvencies low – but fears grow they will rise later

June 23, 2020
By
Government Covid-19 emergecy measures keep insolvencies low – but fears grow they will rise later

A surprise fall in the number of corporate insolvencies could herald the ‘calm before the storm’, the South West branch of insolvency and restructuring trade body R3 has warned. Figures published by the Insolvency Service show a 30% drop in companies going bust at the height of the coronavirus crisis in May compared to...

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