In 2016, new legislation came into force which meant that councils now have a duty to grant planning permission to appropriate serviced plots as part of the ‘Right to Build’ entitlement. This was part of the government’s solution to tackling housing shortages across the country – the objective was to double the value of the…
Business owners, like the rest of us, will be all too aware that Christmas is a ‘challenging’ time. A short working month usually means less production, less sales and less payments from customers. Add to this cost of staff Christmas bonuses, various festive jollies and large tax bills just around the corner in January, and…
So now that we can finally see what Brexit might mean in reality, with the publication of the Draft Brexit Agreement, everyone is still unhappy. After much talk about what we wanted, which was leaving the EU club, whilst cherry-picking retention of access to the Single Market and a borderless border in Ireland, it has…
Whiting & Partners, The Corporate Finance Network’s representative firm in Suffolk, has successfully advised the management team of its £1m buyout of an insurance brokerage. The Whiting & Partners team, led by Chris Kelly, was approached by the management team after they had a potential opportunity to acquire the insurance brokerage from the founding…
From 1 March 2018, most businesses and shops will only accept the new plastic £10 notes, which feature Jane Austen. The new polymer notes are more secure and harder for fraudsters to counterfeit. They also have raised bumps and dots in order to help blind and partially-sighted users to identify each banknote. From 1 March…
Whiting & Partners, The Corporate Finance Network’s representative firm in Cambridgeshire, has successfully advised the shareholders of a pump supplier to a global competitor. The Whiting & Partners team, marketed the company for sale which led to a number of meetings and subsequent offers from a range of interested parties. The client, using the…
A confirmation statement (CS01) must be filed by a company every year to confirm the information held about them at Companies House. Even if the details on the CS01 haven’t changed since last year’s statement, you must still submit one. This is usually within 14 days of the anniversary of incorporation of the company…
Limited company directors and secretaries are collectively referred to as ‘officers’. Directors are appointed by members (shareholders and guarantors) to run and manage the day-to-day operations of the business. Secretaries are optional for private companies, but not public companies. They are usually appointed to assist directors with important administrative tasks. An Overview Company directors…
The European Commission imposed fines of €3.4 billion in July 2016 and September 2017 following findings that a number of manufacturers were party to a cartel at senior management level from 1997-2001. Breakdowns of the fines for the companies involved were as follows: Daimler/Mercedes – €1 billion Scania – €880 million DAF – €752…