Wage growth slows and unemployment rises – What this may mean for your business in months to come

Wage growth slows and unemployment rises – What this may mean for your business in months to come

The UK unemployment rate has increased to 4.7 per cent from March to May 2025, while the annual growth in employees’ average earnings has slowed to five per cent, according to recent data from the Office for National Statistics (ONS). Job vacancies also fell in June to 727,000 – the 36th consecutive month of decline. […]

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A clearer picture of Companies House reform – Making sense of what is and isn’t coming

A clearer picture of Companies House reform – Making sense of what is and isn’t coming

It can be confusing trying to keep pace with the changes to Companies House since the introduction of the Economic Crime and Corporate Transparency Act 2023 (ECCTA). The biggest concern around these changes is that if any slip under the radar, you face penalties and fines for noncompliance. We know that Companies House is committed […]

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Why statutory audits are important for your legal firm

As a solicitor, you see clients at some of the most difficult and stressful times in their personal and professional lives. They trust you to be more upstanding than a regular business or service provider, which is why demonstrating financial compliance through regular audits serves a far wider purpose than simply avoiding penalties. Audits are […]

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MGI Midgley Snelling LLP continues commitment to developing new talent with latest trainee hires

Weybridge accountancy firm MGI Midgley Snelling LLP has welcomed two new trainees to its growing team, further strengthening the firm’s dedication to supporting people at the beginning of their careers in the profession. Kate Hedges has joined the firm as a Trainee Bookkeeper in its Management Services team, bringing with her strong teamwork and customer […]

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Are tax rises on the horizon? What recent activity at The Treasury means for you and your business

While the 2025 Spending Review focused on long-term investment rather than introducing new taxes, the scale of spending suggests that future tax rises are likely. Where have the Government recently invested funds? The Chancellor pledged multi-year funding for health, defence and public infrastructure, setting departmental budgets until 2028–29. Key announcements included: Defence spending to rise […]

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Green levies on UK businesses to be cut

The UK Government has confirmed that it will reduce green levies for energy-intensive industries. These cuts aim to drive growth in key sectors, such as manufacturing and clean energy. What are green levies? A green levy is an environmental charge added to energy bills to help fund renewable energy projects and reduce carbon emissions. For […]

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Cash flow constraints – 57 per cent of businesses warn of rising costs

57 per cent of small to medium-sized enterprises (SMEs) have warned of rising costs over the next quarter, according to Intuit QuickBooks’ latest Small Business Insights survey. Given this startling figure, all businesses should take care to manage cash flow constraints caused by inflation. Boost financial awareness among your staff Financial awareness should not just […]

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