Legal

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
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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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UK quarantine rules hitting Swindon’s exporters and tourism industry, says Business West

June 11, 2020
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UK quarantine rules hitting Swindon’s exporters and tourism industry, says Business West

Business West, the region’s largest business organisation, has joined bodies representing business, education and employment in urging the government to rethink its controversial quarantine rules for travellers arriving in the UK. In an open letter to the home, foreign and transport secretaries, Business West, UK Hospitality, Universities UK and others argue that it was...

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R3 South West issues essential guide to help region’s firms manage impact of Covid-19 crisis

June 4, 2020
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R3 South West issues essential guide to help region’s firms manage impact of Covid-19 crisis

An eight-point checklist to help owner-managers deal with the impact of the coronavirus pandemic on their businesses has been launched by the South West arm of insolvency and restructuring trade body R3. The organisation’s members, who include insolvency practitioners, lawyers, and turnaround and restructuring experts, work with business owners to mitigate and resolve financial...

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South West firms now UK’s least confident as Covid-19 hits region hard

May 29, 2020
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South West firms now UK’s least confident as Covid-19 hits region hard

The coronavirus pandemic has dealt a severe blow to confidence levels among South West firms – with the region now the UK’s least optimistic, according to the gloomy results of another survey. Overall confidence slumped by 16 points during the past month to minus 51% – an unenviable record for Lloyds Bank Commercial Banking’s...

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