In our latest webinar, corporate partner Stuart Mullins discusses the practicalities of selling your business. The following article provides vital insight for both buyers and sellers seeking to navigate the often complex journey from heads of terms to completion. Below we highlight the key considerations and processes....
On Saturday 31 October, the Prime Minister announced that England will enter its second lockdown as of Thursday 5th November....
At the end of October, the Confederation of British Industry will be launching a campaign to increase racial and ethnic participation in British businesses. Last week Legal and General Investment Manager (the UK’s biggest fund manager) warned FTSE 100 companies that it would openly vote against the re-election of a Board’s Chair if it failed to include at least one black, Asian or other ethnic minority (BME) member on its board by January 2022. Around 37% of FTSE 100 companies currently have all white boards....
It is generally accepted that Series A funding is crucial to the development and scale up of early stage business. Funding generally was very competitive prior to lock down, but with the obvious economic pressures brought about by Covid-19, what is the view moving forward and how does a business seeking such funding best prepare for investment discussion?...
This article sets out the key themes covered in the Clarkslegal webinar. The webinar was hosted by Stuart Mullins, of Clarkslegal LLP, Steve Royffe, of the Dorset Business Angels and Zafar Kanani, of the Forbury Investment Network....
A new report by the federation of small businesses found that almost 25% of companies have already reduced their staff numbers in the last quarter, ...
HMRC has confirmed its first arrest in connection with alleged furlough fraud. It has been reported that an individual in the west midlands was arrested as part of a wider investigation ...
Yesterday, the government released its latest statistics on coronavirus support for businesses and individuals. As of the 5th July, 9.4 million jobs have been furloughed, an increase of 100,000 since 28th June; ...
The government has updated its guidance on how employers should treat certain expenses and benefits provided to employees during the COVID-19 Pandemic. The guidance now ...
Flexible Furlough Starts Today...
Following the Prime Minister’s announcement that, as of 4th July 2020, there will be a further easing of COVID-19 restrictions, the government has updated its guidance on opening businesses and venues in England and how to work safely during the COVID-19 Pandemic. ...
It has been reported that as many 34% of employers have asked their furloughed employees to carry out some form of work, administrative task or even cover another employee’s work, whilst on furlough....
Just before the weekend, the Government released new guidance, updated existing guidance and released a policy paper on how the coronavirus job retention scheme, better known as the furlough scheme, will change from 1 July 2020....
The Government’s Coronavirus Job Retention Scheme, or Furlough Scheme will close to new entrants from 30 June. From this point onwards, employers will only be able to furlough employees that they have furloughed for a full 3-week period prior to 30 June. ...
At the beginning of this week, the chancellor announced a new scheme aimed at helping small to medium sized businesses to borrow between £2,000 and £50,000. ...
The government appears to have a habit of changing and adapting its Coronavirus Job Retentions Scheme (better known as the Furlough Scheme) almost daily. ...
There has been a total of four iterations of the Government’s guidance surrounding its Coronavirus Job Retention Scheme......