The Business : News

Solicitors join forces with 200 charities to celebrate Remember A Charity Week

Gales Solicitors is coming together with 200 charities this September to shine a spotlight on gifts in Wills. Throughout Remember A Charity Week (6-12 September 2021), Gales Solicitors will be working to raise awareness of the option of giving to charity from your Will, after taking care of family and friends.

Mike Pavitt - R3 immediate past chairman for South and Thames Valley

Insolvency expert urges Dorset and Hampshire businesses to make use of final furlough month

An insolvency expert is urging Dorset and Hampshire's directors to make use of the final month of the Government's furlough scheme to plan for the future. Mike Pavitt, immediate past chair of insolvency and restructuring trade body R3's Southern and Thames Valley region, including Dorset and Hampshire, is calling on the region's company directors to use September to review their businesses and to seek advice about the options open to them to address any financial issues they may be facing.

July 2021 corporate and personal insolvency statistics, R3 Southern and Thames Valley region response

Corporate insolvencies may have fallen slightly in July compared to June, but according to insolvency and restructuring trade body R3 in the Southern and Thames Valley region, July was also the third consecutive month in which year-on-year corporate insolvency levels rose substantially.

Bumper growth in private sector activity continues

In the three months to July, private sector activity across the economy grew robustly once again, at the fastest pace since May 2015 - with a net balance of +33%, marking similar growth to last month (+32%). That's according to the CBI's latest monthly Growth Indicator.

Paul Dunlop, Managing Partner at award-winning law firm Blanchards Bailey LLP

Warning over debt enforcement

A leading Dorset lawyer is warning that enforcement action against debtors has become doubly difficult due to the Covid-19 pandemic.

Ian Girling - Dorset Chamber chief executive

Businesses face crunch point as support phases out

Businesses in Dorset have been warned 'we are not out of the woods yet' as government Coronavirus support begins to wind down. Dorset Chamber, the county's leading business support organisation, states that there are more hard yards to cover on the road to a sustained recovery from the pandemic. Its comments come as firms must start paying part of the cost of furlough as the Coronavirus Job Retention Scheme begins to taper off.

Gales Solicitors backs Law Society research and urges people to remember to include digital passwords in their wills

Partner Matthew Moore at Gales Solicitors is backing Law Society research findings and is urging that people should include digital passwords in their will to ensure executors can access vital online information.

Chairman - R3 Southern and Thames Valley - Garry Lee

R3 welcomes new breathing space scheme for people in debt

A new 'breathing space' scheme for people drowning in problem debt has come 'not a moment too soon', according to the R3 insolvency trade body for Dorset and Hampshire. It has welcomed the introduction of a 60 day-grace period to allow people to get their finances back on track without receiving worrying letters or facing enforcement action.

Wills are vital for second marriages says lawyer

Couples entering into a second marriage are being reminded of the importance of having a will in place, particularly when there are children from a previous marriage involved. Lawyers from national firm Clarke Willmott LLP say any current will is revoked by a second marriage and it is important to give careful thought to the new will.

Garry Lee - Chair R3 Southern Thames Valley Committee

Dorset and Hants trade body's warning after insolvencies rise

Corporate insolvencies have increased significantly over the past month (March 2021)as economic damage caused by the pandemic appears to be starting to show, according to the R3 trade body for restructuring and insolvency professionals in Dorset and Hampshire. The findings come a year after the first national lockdown was introduced at the end of March 2020.

Solent Growth Fund generates £840m for the Solent economy by 2030

The Solent economy will receive an £840m boost as a result of Solent Local Enterprise Partnership (LEP) investment through the Local Growth Deal to date.

Budget super-deduction helps care sector invest in equipment

Care homes and other companies can now save 24.7% when they invest in sluice machines and other capital equipment, reports infection control specialist DDC Dolphin. The super-deduction in Chancellor Rishi Sunak's 2021 Budget enables companies to claim 130% in capital allowances on qualifying plant and machinery. Every pound invested saves up to 25p in corporation tax.

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