business profit solicitors

John Lewis profits fall by more than half

Profits at the John Lewis Partnership have more than halved after it was hit by re-organisation costs and the impact of the weaker pound following the Brexit vote.

It said profits in the six months to 29 July 2017 fell 53.3% to £26.6m.

John Lewis said the fall in the pound had pushed up its costs, hitting profit margins.

It added political uncertainty had hit customer demand.

John Lewis also suffered a one-off £56.4m charge, mainly for restructuring and redundancy costs.

Business profit solicitors

If you are considering a company merger, acquisition, takeover or joint venture or are in the midst of a shareholder dispute or share capital transaction or need business advice please contact us.

Call 0161 785 3573 to speak to John Porter and Soibi Iketubosin in our Company/Commercial Department or email jap@wrigleyclaydon.com or si@wrigleyclaydon.com.

prenuptial agreement solicitors

Prenuptial agreements to rise?

It is predicated that there will be a rise in the number of couples seeking prenuptial agreements after the Court of Appeal rejected Karen Hart’s bid for an equal share of her and her ex-husband's assets.

Karen Hart was awarded £3.5m, out of total resources of just under £9.4m, in a financial remedy order made in June 2015.

Karen Hart's lawyers said the settlement "should have been based on an equal sharing of the assets they created between them during this time".

The ruling allows a judge to find that even where it is not properly evidenced, the financial contribution of one spouse outweighs the family and domestic contribution of the other. This can lead to a result that is unfair and discriminatory.

This means that it's important to establish and prove what assets you have invested into the relationship prior to the official marriage as they could also be included in any payout.

Prenuptial agreement solicitors

At Wrigley Claydon, we fight on your behalf to make this difficult time a little easier. We are experienced family lawyers and can assist you with the legal aspects of any family situation in which you may find yourself. We deal with our cases sensitively.

If you are looking for prenuptial agreement solicitors then please call 0161 785 3521 to speak to Terri Pickup in our Family Department or email tp@wrigleyclaydon.com.

Jeans for Genes Day 2017

We're thrilled to be taking part in Jeans for Genes Day 2017.

On Friday 22nd September Wrigley Claydon staff will shun their usual formal attire in place of everyone's favourite clothing, a pair of jeans. By pledging a donation for the privilege of dressing-down for a day, our staff will be raising much needed funds for children with genetic disorders.

Wear jeans, change lives.

Jeans for Genes Day is all about raising money to help some of the most vulnerable children in the UK. Thanks to those taking part the lives of some children with life-altering genetic disorders will be transformed.

1 in 25 children in the UK is affected by a genetic disorder of some kind. Disorders can vary in severity and the limitations they cause. In fact there are over 6000 different genetic disorders.

Money raised through Jeans for Genes Day and other fundraising efforts are used in a variety of ways:

£250 funds a place for a weekend away for children who never meet others with their condition. These life-changing trips build self-esteem and awareness in young people affected by genetic disorders.

£500 pays for a walking frame or other equipment that gives much needed independence to a child whose mobility is limited by their genetic disorder.

£1000 contributes towards a specialist nurse who knows everything about a genetic condition. The nurse helps the child during long hospital stays and families who cope at home.

At Wrigley Claydon we like to support many charities. One way we do this is by promoting charitable giving in Wills via Remember a Charity of with we are members. Our Trusts, Wills and Probate team can offer expert advice about including a charity or good cause in your Will and how this may help alleviate inheritance tax fees. Statistics show most people don't automatically think about charitable giving in Wills but when it is suggested, most are happy to do so.

To speak to our Wills team about writing a Will or updating an existing one please call 0161 785 3572 or email Rachel Damianou at rld@wrigleyclaydon.com.

planning dispute solicitors

Britain's longest-running planning dispute resolved

A planning dispute going back almost 60 years, over a rutted country lane deep in Somerset, has finally been resolved.

After a battle, believed to be one of the longest in British legal history, the lane outside a cottage once occupied by siblings Archie and Ivy Peppard will be removed as a right of way from the official map.

The Peppards, who launched the fight in 1959 when they claimed they were besieged by walkers traipsing past their front door, did not live long enough to witness the victory.

The dispute went all the way to the High Court before a planning inspector agreed that the lane in High Ham was not historically a public right of way.

Planning dispute solicitors

If you find yourself in dispute we can advise you on the appropriate course of action and assist with any legal documents or proceedings that may occur.

 Please call Shalish Mehta in our civil and commercial litigation department on 0161 785 3534 or email sm@wrigleyclaydon.com.

redundancy advice solicitor

Redundancies for Asda staff

Asda is to axe hundreds of jobs at its Leeds head office and a further site in the East Midlands as part of a major cost-cutting drive.

About 300 jobs are to go at Asda House in Leeds and George House in Leicester with job descriptions to a further 800 roles changed.

Figures for 2016, released in September, showed like-for-like sales were down 5.7% compared with the previous year.

Asda is the third-largest UK supermarket behind Tesco and Sainsbury's but has been hurt by the rise of German discounters Aldi and Lidl.

Redundancy advice solicitor

When it comes to legal advice, all businesses need someone skilled, reliable and experienced they can turn to for support and guidance. This is where our dedicated team of commercial law specialists can help.

If you are considering a company merger, acquisition, takeover or joint venture or are in the midst of a shareholder dispute or share capital transaction or need business advice please contact us. We have the required breadth of knowledge and depth of experience to advise on a broad range of related matters.

Call 0161 785 3573 to speak to John Porter and Soibi Iketubosin in our Company/Commercial Department or email jap@wrigleyclaydon.com or si@wrigleyclaydon.com.

islamic divorce advice oldham

"triple talaq" declared unconstitutional by India’s Supreme Court

An Islamic practice permitting men to instantly divorce their wives has been declared unconstitutional by India’s Supreme Court after decades of campaigning by women’s groups and victims.

The “triple talaq” has allowed Muslim men to dissolve marriages by pronouncing the word “divorce” three times.

The Supreme Court in Delhi took up the issue last year in response to a petition from seven victims and women’s groups. The Court declared this week that triple talaq was “not integral to religious practice and violates constitutional morality”.

Islamic divorce advice

At Wrigley Claydon, we fight on your behalf to make this difficult time of divorce or separation a little easier. We are experienced family lawyers and can assist you with the legal aspects of any family situation in which you may find yourself. We deal with our cases sensitively.

If you are looking for Islamic divorce advice Oldham then please call 0161 785 3521 to speak to Terri Pickup in our Family Department or email tp@wrigleyclaydon.com.

employment tribunal solicitors

Employment Tribunal Fees

This week marks almost three months since the abolition of employment tribunal fees. For those who missed it, the ruling followed Unison’s arduous and multi-year appeal against the government’s decision to impose tribunal fees on employees issuing tribunal proceedings. Unison, having had their case rejected at every level, finally succeeded in the Supreme Court. The Supreme Court’s decision, which sent shockwaves through the spine of the legal profession as well as around society, held that the government’s decision to charge fees was unlawful and needed to be abolished. Immediately after the decision, the Employment Tribunal halted receiving payment of fees.

Even to this day, fees have been indefinitely halted. This has affected the ability of claimants to bring claims online (as the IT system underwent ‘maintenance’ for a period).

Under Labour, there had been no fees for issuing a claim but this changed when austerity arrived and the Conservative government introduced fees. The decision is huge and has many ramifications for the Justice system.

Dominic Raab, Minister of State for Courts & Justice, was apologetic for the interference caused to users who had been affected. He maintained that the government was looking at the issue seriously and looking for ways to resolve any funding issues.

The abolition of fees does leave a funding gap for the Justice department. The cost last year of funding employment tribunals was £68,000,000, of which £8,000,000 came from tribunal fees. With all expenditure now under scrutiny, it does beg the question which part of the Justice Department’s budget will be reduced in order to pave way for the increased costs which will be incurred. As lawyers, we’ll leave that to be answered by the politicians.

If, in the meantime, you require any advice on employment matters, call our Employment Tribunal Solicitors, John Porter and Soibi Iketubosin on 0161 785 3573 or email jap@wrigleyclaydon.com or si@wrigleyclaydon.com.

debt recovery solutions

Mediation to aid debt recovery

A pilot scheme encouraging mediation as a less costly way of resolving civil disputes will launch in Manchester on 1 September.

Mediation sessions will be held at Manchester Civil Justice Centre and the Greater Manchester Chamber of Commerce. It will be available to parties involved in disputes where the value of a claim is more than £10,000 and cases where one party seeks something other than money, including an injunction.

Prices start at £190 for cases valued between £10,000 and £15,000 and rise to £780 for cases valued between £200,000 and £500,000.

Similar schemes are planned in Devon and Central London.

Debt recovery solutions

Suffering a financial or contractual dispute can have serious implications on your business. Our business and debt recovery solicitors will quickly and efficiently put your case together and act on your behalf. We will advise you on the best solution to rectify the issue, cost-effectively.

Call Shalish Mehta in our civil and commercial litigation department on 0161 785 3534 or email sm@wrigleyclaydon.com.

charitable giving in wills

Remember A Charity in you Will Week 2017

We're proud to support Remember A Charity in you Will Week.

The annual campaign from Remember A Charity works to raise the profile of charitable giving in Wills.

'The world you would like to pass on'

This year's campaign, which from 11th to 17th September 2017, focused on 'the world you would like to pass on'. To supports its mission Remember A Charity will be launched a national radio station as a platform for charities, their supporters, the general public and celebrities to have their say about the world they want to pass on. The idea was to start conversations about passing on something even more special, a gift to a charity in their Will.

"We aim to let those writing a new Will, and indeed those updating existing Wills, know about the benefits of charitable giving in Wills." says Rachel Damianou, Head of Trusts, Wills and Probate at Wrigley Claydon Solicitors. "For the vast majority of people, it is just not something they think about. Experience has taught us however, that once people are aware of this opportunity, many enthusiastically include a charity or voluntary organisation that is close to their heart in their Will."

Keep your Will up-to-date

As you go through life and your circumstances change, you may wish to make changes to your Will from time to time. It's important to have an up-to-date Will to ensure your wishes are met. If you get divorced, or indeed, remarried, there will be changes to make to your Will to ensure the correct people are included or excluded! If children or grandchildren come along, you may wish to make provision for them in your Will that were not previously there. Similarly, if you or a close family member or friend has been supported by a charity, you may like to leave a charitable donation to them in your Will.

Tax efficient ways to give to charity

Helping charities after your death can be a tax efficient way to give to charity. Gifts to charity in a Will are exempt from tax and can be used to bring an estate below the threshold for inheritance tax (£325,000) i.e. assets that exceed this amount can be given to charity to bring you under the limit, meaning your beneficiaries not pay any inheritance tax. You can give items of value, such as jewellery, as well as money.

Helping work live on

The option of including a charitable gift in a Will can make a real difference. A large or small donation, the amount doesn't matter; any amount left to a charity is gratefully received. For many third sector organisations, charitable giving in Wills is vital source of financial income and can be the difference between the cause continuing to operate and supporting those using its services. Gifts in Wills are the foundation of many of Britain’s charities.

If you wish to make a new Will or update an existing one, please contact our team on 0161 785 3572 or email rachel Damianou on rld@wrigleyclaydon.com.
To read more about Remember A Charity please visit their website: www.rememberacharity.org.uk.

company shares solicitor

Carphone Warehouse shares fall

The owner of Carphone Warehouse and Dixons has warned that more expensive mobile phone handsets and lower EU roaming charges will hurt its profits.

In an unscheduled statement, the company stated that the scrapping of EU roaming charges for people using mobile phones abroad and customers not upgrading their phones as frequently because handsets have risen in price, has led shares to fall more than 30%. It said profits this year would be £360m to £440m, down from £501m last year.

The innovation of the newest handsets means phone users are typically holding onto their handsets for four to five months longer, Dixons Carphone's executives said. It is hoped the launch of the next iPhone, the iPhone 8 in the Autumn, will boost ailing sales after the disappointment of the iPhone 7. The Samsung Note 8 however is expected to cause less of a impact.

With regards to EU roaming charges, the Carphone Warehouse business model sees the retailer take a slice of the value of customers' phone contract. Now no extra charges apply with in EU countries, a drop in profits made in this say would impact the business by up to £40m. The new legislation introduced in June means all calls, texts and data customers use in the Europe Zone will come out of their normal UK allowance. Essentially, roaming in Europe feels just like home!

Company shares solicitor

If you are considering a company merger, acquisition, takeover or joint venture or are in the midst of a shareholder dispute or share capital transaction or need business advice please contact us.

Call 0161 785 3573 to speak to John Porter and Soibi Iketubosin in our Company/Commercial Department or email jap@wrigleyclaydon.com or si@wrigleyclaydon.com.