Latest news
Latest news
Rising factory costs could lead to increasing prices of British made goods
In June 2021 the cost of running a factory increased at a record rate. This news caused concerns that prices of British-made goods will rise during the second half of 2021. According to the IHS Markit monthly survey of the manufacturing industry, manufacturers paid...
Why is there an HGV driver shortage?
What has caused a driver shortage? There are many factors that have contributed to the shortage of HGV drivers. The global pandemic has certainly been a major issue as many European drivers decided to return home, with haulage companies reporting that only a fraction...
Apprenticeship cash boost
The government has confirmed that employers of all sizes in England can now apply for £3,000 in extra funding to help them take on new apprentices. The boost to the apprenticeship incentive scheme was confirmed by Chancellor Rishi Sunak in the Budget in March. The...
Stamp Duty Land Tax Holiday begins phasing out!
What changes have been made? With effect from 1st July the Stamp Duty Land Tax (SDLT) for residential property changed to the following rates: £0 - £250,000 = 0% £250,001 - £925,000 = 5% £925,001 - £1,500,000 = 10% £1,500,000 + = 12% Please note that in addition to...
Law firms increase borrowing during COVID-19
During the course of the Covid-19 pandemic law firms have borrowed nearly £700m via the government's various Covid-19 support schemes. Research conducted by Hazlewoods, a firm of chartered accountants within our HLB International group showed that UK law firms...
Hawsons advise on sale of Pharmacy Group
Hawsons have advised the shareholders of the J M McGill Group of Pharmacies on their sale to Mr Pickford’s Pharmacies, backed by Connection Capital. The sale was part of a £14.2m transaction which sees Mr Pickford’s acquiring 14 pharmacies to add to their existing...