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February

February 2020 / 29 posts found

London’s micro businesses are ‘punching above their weight’

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London business confidence soars to highest in UK

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A fifth of workers ‘could be off sick’ at the peak of coronavirus

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Are businesses ready for the new employment law change?

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A fifth of workers ‘could be off sick’ at the peak of coronavirus

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Are businesses ready for the new employment law change?

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in news
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The High Court offers guidance regarding multi-party litigation

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A recent High Court decision has considered costs related issues in multi-party litigation. The judgment is a careful examination of claimants’ exposure to adverse costs as well as how adverse costs insurance intersects with requirements for posting security for costs. Re Ingenious Litigation In 2014, HMRC launched an investigation into film and video game investments promoted by the Ingenious Media Group leading to enforcement action. Over 500 investors in those schemes subsequently launched proceedings against Ingenious companies, the group chairman and certain banks and advisors, variously alleging negligence and fraudulent misrepresentation. The claims are being case managed together. Although no [...]

Boris Johnson reaches financial settlement with estranged wife Marina Wheeler

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Prime Minister Boris Johnson and his estranged wife Marina Wheeler have reached an agreement relating to the division of money after separating two years ago, a family court judge has been told. Judge Sarah Gibbons oversaw a private hearing in the Central Family Court in London on Tuesday. Neither Mr Johnson nor Ms Wheeler were at the hearing. Both were represented by barristers. Ms Wheeler and Mr Johnson married in 1993 and have four children. They separated  in 2018. Prime Minister Boris Johnson now lives in Downing Street with his girlfriend Carrie Symonds (Yui Mok/PA) Mr Johnson, 55, has been [...]

HMRC delays cause cash crunch at UK start-ups

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A number of UK start-ups have said they were forced to raise emergency funds in 2019 after sudden and unexpected delays to their tax credits. The long delays caused serious concerns in the start-up community, which is already upset at plans by the government, which has promised to be “pro-enterprise”, to curb entrepreneurs’ tax relief in the upcoming Budget. The delayed tax credits were part of a scheme to encourage more research and allowed small and medium-sized businesses to deduct 130 per cent of their research and development costs from their annual profit. In previous years, these credits were paid [...]