The number of corporate insolvencies fell by 12% in the second quarter of this year, according to the Insolvency Service. While the figures are to be welcomed as a much-needed improvement, the trade body R3 fears they may only be a temporary blip in a continuing upward trend. It’s urging business owners not to be
A developer has won the right to build in open countryside despite opposition from the local planning authority. The case involved developer George Barlow and Cheshire East Council. Barlow had applied for planning permission to build 10 houses on open land. The authority failed to make a decision within the prescribed period, so Barlow appealed.
As everyone is now hopefully well aware, on the 29th March 2019, at 23:00 GMT – the UK leaves the EU. While the negotiations over the future relationship between the UK and the EU are still progressing, we do now face the possibility of there being no formal deal in place by that date. The
There has been a 39% rise in claims before the Employment Tribunal since the Supreme Court ruled last year that the fees charged to bring claims were unlawful. The fees were introduced in 2013, with employees having to pay up to £1,200 to bring a claim. Following a challenge by the union Unison, the Supreme
A director has been banned for seven years after repeatedly failing to pay his workers the minimum wage. Shakil Ahmed was a director at Euro Contracts Services Limited (ECS), which supplied labourers to farms. The farms paid a fee to ECS, which was then responsible for paying the labourers. An investigation by HMRC in 2009
If a landlord doesn’t want to carry out repairs on a commercial property unless he has a tenant waiting to move in, is he entitled to have the rateable value reduced? A recent case saw landlord Christopher Shaw appeal after a valuation tribunal refused to reduce the rateable value of one of his business units.
A quarter of UK companies say they’ve suffered a hit to their cash flow and longer-term finances because of the insolvency of a customer over the last six months. The research by the insolvency and restructuring trade body, R3, found the financial impact of the insolvency of another business was described as “very negative” by
A director breached her legal duties when she transferred company assets to herself during a period of financial difficulty. Julie Anne Davey ran a company called Angel Group Ltd or AGL, which had three subsidiaries. The businesses specialised in development and lettings. They had gone into administration in late 2012/early 2013 and into liquidation in
The National Landlord’s Association (NLA) has criticised government proposals to introduce 3-year minimum tenancies. Ministers say 3-year tenancy terms, with a 6-month break clause, are necessary to help renters put down roots, and to give landlords longer term financial security. The average amount of time tenants stay in a property is four years, according to
A developer has been ordered to pay an extra £750,000 for land that was sold subject to the condition that the price would increase if planning permission for houses was granted. The issue arose after the developer purchased property from a landowner to redevelop for residential use. The contract provided that the extra money would