News & Events | WDM - Part 207

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Businesses raise concerns over new flexible working rules June 26, 2014

From 30 June, new rules come into effect meaning that all employees will be entitled to ask their employer for flexible working, regardless of the reason. Employers in turn will then have a legal obligation to answer that request and though they are not obliged to agree to the request, they must provide a valid
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Most UK businesses ‘unconcerned’ by Scottish independence vote June 19, 2014

The recent Vistage Medium-Sized Business Confidence Index suggests that 66% of the 2,000 UK SMEs questioned are ‘not worried’ about the potential impact of a Scottish independence vote. The survey shows that only 26% of respondents thought the vote could have a potentially damaging effect. Medium-sized businesses were also asked their reaction to a possible
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Inflation rise leads to interest rate speculation June 19, 2014

According to the Office for National Statistics (ONS), the rate of inflation in April 2014 rose for the first time in nine months. Discounts in shops and air fares are thought to be the driving factors behind the rise. Expectation is that Consumer Price Index (CPI) figures for May will show a slight decline to
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Corporation tax and CGT ‘should be abolished for SMEs’ June 19, 2014

Corporation tax and capital gains tax should be abolished for businesses with fewer than 50 employees, according to advertising magnate Lord Saatchi. In a report for the Centre for Policy Studies he claims that the move would generate growth and help speed up the reduction of the deficit. Lord Saatchi’s report observes that 90% of
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UK ranks highest in foreign investment for 2013 June 13, 2014

Ernst & Young (EY) has released its Foreign Direct Investment (FDI) index for Europe, ranking the UK top in both number of FDI projects and job creation. Germany, France, Spain and Belgium also continued to dominate the top five for projects. The number of FDI projects in total reached an all-time high but job creation
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