Bringing Capital Gain Tax (CGT) rates in line with those for Income Tax could hit buy-to-let landlords, portfolios, second homeowners and people with inheritances, according to an expert at Bath-headquartered law firm Royds Withy King. Earlier this week Chancellor Rishi Sunak announced a review of CGT, with many commentators claiming it could result in...
Inspecs Group, the Bath-based eyewear design house and manufacturer, has bought historic UK spectacle lens company Norville for £2.4m after it fell into administration earlier this month. The acquisition of the Gloucester-based firm, which had been in business for more than 120 years, means Inspecs now owns the country’s two oldest and most- respected...
Bath charity Julian House is calling on the city’s businesses to join it in stepping out and standing up against homelessness at its annual Circuit of Bath Walk. Taking place on Sunday September 27, the sponsored circular walk will be the only fundraising event that Julian House, Bath’s main homeless help charity, stages this...
A tiny historic pub has reopened its doors after surviving the lockdown with the help of a Bounce Back Loan. The Flemish Weaver, which has been a feature of Corsham’s picturesque High Street since 1625, secured the government-backed financial support through Barclays. Owner Robert Carter, who bought the family pub just over three years ago, is...
Rishi Sunak’s efforts to kickstart to boost the housing market as it emerges from lockdown have been welcomed by the area’s residential property industry – with reservations over how effective they will be in the long term. David Westgate, chief executive of Keynsham-headquartered estate agency and property group Andrews, described the Chancellor’s stamp duty...
While Bath’s hard-hit hospitality industry digests the measures announced by Chancellor Rishi Sunak to help the sector in his summer economic statement, two experts from the area have questioned whether they go far enough. Richard Lake, an associate in the leisure & hospitality team at Bath-headquartered law firm Royds Withy King, fears many of...
It was three months ago that Pearson May partner Matthew Rutter first wrote here about the various support schemes introduced by the government to help support businesses and individuals through the coronavirus pandemic. Since then there have been various changes to the main support schemes introduced by the government and it is worth recapping...
The CBI said Chancellor Rishi Sunak was “absolutely right” to prioritise jobs in his summer statement on Wednesday. Director-general Dame Carolyn Fairbairn, pictured, said: “Flattening the daunting unemployment curve about to hit our country could not be more important. Joblessness scars lives and hits the young and most disadvantaged hardest. “The jobs plan is an important step...
Measures to address the huge economic impact of the coronavirus pandemic announced this week by Chancellor Rishi Sunak have been welcomed by Business West, the region’s largest business group. Matt Griffith, director of policy at Business West – which runs Bath Chamber of Commerce – described them as impressive but also added that the...
Bath is to stage its first virtual business festival to help firms in the city start to bounce back from the effects of the coronavirus pandemic. Taking place on July 22, Bath Business Festival (BBF) will celebrate the city’s business offering as well as giving its firms a unique chance to meet, learn, share,...
