News & Events | WDM - Part 184

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Shop prices show steepest fall in years April 9, 2014

The British Retail Consortium (BRC) have published figures showing that in March overall shop prices reported deflation for the eleventh consecutive month. Helen Dickinson, Director General of the BRC, said: ‘It’s strong industry wide competition as retailers vie for a share of limited spending capacity that is driving this record breaking run’. Food inflation was
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New employment laws come into effect April 9, 2014

The new ‘early conciliation’ regime was introduced on 6 April 2014 (with some aspects taking effect from 6 May), and requires that employees seeking to bring a tribunal claim against their employer must first contact Acas with a view to attempting to reach a settlement. In addition, tribunals can now impose financial penalties on employers
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House prices accelerate while mortgage numbers drop April 9, 2014

The Halifax, one of the UK’s biggest lenders, has said that house prices rose by 8.7% in the year to March. Compared to the last quarter of 2013, the first quarter of 2014 saw an average price increase of 2.3%. The increase has been attributed to economic improvement, a rise in employment and consumer confidence.
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Labour to propose new energy price controls April 3, 2014

Amid warnings of blackouts from energy companies, Labour leader Ed Miliband is due to propose greater controls over energy prices with the aim of helping small businesses. Despite concerns expressed by energy firm Centrica, Mr Miliband is planning to call a Commons vote next week to demand an immediate price freeze for business and domestic
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New payments system launched for banks April 3, 2014

Customers of nine banks will be able to transfer small amounts of money using a mobile phone number, as of 29 April this year. The new system will be included in existing banking apps, eliminating the need for sort code and account number details to be given out. Registration can take place immediately before the
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From the opening of our store to the eventual sale of four stores seventeen years later, WDM have provided invaluable assistance all the way along. They are more than just an accountant to us and we couldn't speak highly enough of them.

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