Legal

Bath’s high-flying private wealth lawyers named in latest Chambers directory

July 24, 2020
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Bath’s high-flying private wealth lawyers named in latest Chambers directory

Three Bath law firms and some of their top performers have been ranked among the best in the South West for their work with private wealth clients. The latest edition of the High Net Worth Guide from Chambers, the legal directory publisher, names Royds Withy King, Mogers Drewett and Stone King as the three...

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Royds Withy King welcomes move to allow Wills to be witnessed via video link

July 23, 2020
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Royds Withy King welcomes move to allow Wills to be witnessed via video link

Changes to legislation that will mean individuals can have their Wills witnessed via video links have been welcomed by Bath-headquartered law firm Royds Withy King, which has been using WhatsApp to liaise with clients in this way during lockdown. The government this week said that it will introduce a retrospective law to reassure thousands...

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Profit warnings soar to 20-year high as Covid-19 crisis hits South West’s quoted firms

July 23, 2020
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EY

The coronavirus pandemic has pushed up the number of profit warnings issued by South West listed businesses to a 20-year high, with those in the travel and leisure sector hardest hit. According to new figures from accountancy group EY, profit warnings soared by 73% year-on-year in the first half of 2020 to 26 – with 85%...

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Insolvency group warns Govt figures on business failures mask true impact of Covid-19 on firms

July 21, 2020
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Insolvency group warns Govt figures on business failures mask true impact of Covid-19 on firms

Government figures showing another monthly fall in corporate insolvencies are hiding the true picture of the damaging effect of the coronavirus pandemic on businesses,  according to the South West branch of insolvency and restructuring trade body R3. Insolvency Service statistics for June show 732 company insolvencies in England and Wales, lower than May’s figure...

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Webinar: How Bath businesses can build back better and boost morale by supporting local charities

July 17, 2020
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Webinar: How Bath businesses can build back better and boost morale by supporting local charities

Practical ideas on how businesses can continue to support charities during the coronavirus pandemic are to be aired at a webinar hosted by Quartet, the community foundation for the West of England. The third sector is facing its toughest time for a generation with hundreds of thousands of people needing support just as charities’...

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Buy-to-let landlords and second homeowners in firing line from CGT reform, warns Royds Withy King

July 16, 2020
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Buy-to-let landlords and second homeowners in firing line from CGT reform, warns Royds Withy King

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...

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Chancellor’s summer economic statement: Key points . . .

July 8, 2020
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Chancellor’s summer economic statement: Key points . . .

Chancellor Rishi Sunak presented his economic statement in the Commons on Wednesday by saying the government would do all it could to help prevent job losses in the wake of the coronavirus pandemic. The main points were:  Government will pay £1,000 to businesses for each furloughed employee they bring back and retain until January....

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Business festival promises to bring Bath firms together virtually to boost city’s recovery

July 3, 2020
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Business festival promises to bring Bath firms together virtually to boost city’s recovery

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,...

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Gloom lifts slightly as survey shows marked bounce back in business confidence in South West

July 3, 2020
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Gloom lifts slightly as survey shows marked bounce back in business confidence in South West

Business confidence has bounced back stronger in the South West than any other part of the UK, according to a new survey – but many firms remain gloomy and one in 10 expects to stay closed due to the coronavirus pandemic. The monthly Business Barometer from Lloyds Bank Commercial Banking had shown a huge...

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Power of mediation increasingly used to help heal family conflict triggered by pandemic

July 3, 2020
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Power of mediation increasingly used to help heal family conflict triggered by pandemic

Lawyers trained in mediation at Bath-headquartered national law firm Stone King have been helping a growing number of people with relationship difficulties caused by the Covid-19 lockdown. The firm said mediation – a procedure by which parties discuss disputes with an impartial trained mediator to help reach a settlement – has become increasingly helpful...

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