Category: Business & Employment

  • Employment woes as seasonal worker numbers decline

    Summer fruit and salad growers in the UK are having difficulty recruiting pickers saying they don’t know if they will have enough migrant workers to harvest their crops.

    About 80,000 seasonal workers a year pick and process British fruit and veg, most of them are from the EU, mainly Romania and Bulgaria.

    British Summer Fruits, the body which represents soft fruit growers, says labour shortages are now the worst seen since 2004.

    The weak pound which has reduced their workers’ earning power, as well as uncertainty over Brexit is being blamed.

    Employment solicitors

    If you are experiencing difficulties within your business, whether staffing matters, contractual issues or 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.
  • Bankruptcy for former tennis ace Becker

    Bankruptcy for former tennis ace Becker

    Former three-time Wimbledon champion Boris Becker has been declared bankrupt by the Bankruptcy and Companies Court.

    The bankruptcy application was made by Arbuthnot Latham, firm of private bankers.

    Becker’s lawyers asked for a final chance to pay with the funds from re-mortgaging a property in Majorca, however, the court registrar said there was not enough credible evidence that he could pay.

    In 2012 a judge ordered Becker to auction off his villa in Palma, Spain, so that £225,000 of the profits can be set aside to pay a long-standing debt to owe a local landscape gardening company.

    How debt solicitors can help

    Suffering a financial or contractual dispute can have serious implications on your personal and/or business finances.

    Our business and debt solicitors will quickly and efficiently put your case together and act on your behalf to recover unpaid invoices. We can advise you on the appropriate course of action and assist with any legal documents or proceedings that may occur.

    Call Shalish Mehta in our civil and commercial litigation department on 0161 624 6811 or email sm@wrigleyclaydon.com

     

    Tennis Tips for Beginners: Play Like a Pro

  • Corporate manslaughter cases set to rise warn commercial litigation solicitors

    Corporate manslaughter cases set to rise warn commercial litigation solicitors

    Organisations increasingly face investigation for corporate manslaughter and the number of convictions is expected to dramatically increase in the coming years.

    The Corporate Manslaughter and Corporate Homicide Act (CMCHA) 2007 made it easier to secure convictions against organisations for their liability for workplace deaths.

    An organisation can be convicted of someone’s manslaughter if its mismanagement amounts to a “gross” breach of a duty of care.

    Firms convicted of corporate manslaughter with a turnover of more than £50m face fines of up to £20m and up to £10m for Health & Safety offences.

    Commercial Litigation Solicitors

    Suffering a financial or contractual dispute can have serious implications on your business.

    Our experienced team of litigation and business lawyers are here to help you. We can advise you on the appropriate course of action and assist with any legal documents or proceedings that may occur.

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

    Profit plunge for DFS

    Shares in DFS Furniture have plunged by 22% after it issued a profit warning.

    It blamed the general election for contributing to a sharp fall in demand in the second half of its financial year.

    It now expects its annual profits to be between £82m-£87m, below the £94.4m it reported in the previous 12 months.

    Its share price tumbled by 55.25p to 196.75p.

    Business Solicitors Oldham

    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.
  • Profit drop for Sir Philip Green’s retail empire

    Profit drop for Sir Philip Green’s retail empire

    Profits at Sir Philip Green’s retail empire, which includes Topshop, dropped by 79% last year.

    The failure of BHS and tough competition in the clothing market contributed to the poor performance.

    A report filed with Companies House by Taveta Investments showed pre-tax profits to £36.8m, down from £172.2m the previous year.

    Taveta is the holding company of Arcadia which also owns Miss Selfridge, Burton, Evans, Wallis and Dorothy Perkins.

    Taveta said Brexit had caused economic uncertainty and the fall in sterling had affected its results.

    Commercial solicitors Oldham

    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.
  • Halfords blame ‘weak pound’ for annual profits loss

    Halfords blame ‘weak pound’ for annual profits loss

    Annual profits at Halfords have been hit by the weak pound despite a strong rise in sales.

    It reported pre-tax profits fell 10.5% to £71.4m for the year to March.

    Revenue was up 7.2% to nearly £1.1bn, boosted by the acquisition of upmarket bike business Tredz/Wheelies. Like-for- like revenues rose 2.7%.

    Halfords said higher import costs had largely been responsible for the drop in profits.

    It also said a late Easter affected recent sales, revealing a 1.2% drop in like-for- like retail sales in the final three months of its financial year.

    Commercial advice 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 our commercial advice solicitors on 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.
  • IKEA to create 1,300 jobs & open three new stores

    IKEA is to create more than 1,300 new jobs in three new stores.

    A new outlet will open in Sheffield later this year, while stores in Exeter and Greenwich will open in 2018, the firm said.

    The jobs will increase IKEA’s workforce in the UK and Ireland by 12.5% to about 11,700, the company said.

    It joins firms such as Google, Facebook and Amazon in boosting its UK job numbers since last year’s Brexit vote.

    The firm said it would be recruiting managers and restaurant workers, as well as customer relations, sales, interior design, IT, sustainability and marketing personnel.

    The new stores will take the number of IKEA outlets in the UK to 22, plus four “order and collection” shops.

    Corporate strategy 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 our corporate strategy solicitors.

    Call 0161 624 6811 to speak to John Porter and Soibi Iketubosin in our Company/Commercial Department or email jap@wrigleyclaydon.com or si@wrigleyclaydon.com.
  • Record fine and reprimand for PwC

    Record fine and reprimand for PwC

    Accounting firm PwC has been fined a record £5m and severely reprimanded over its auditing of collapsed property services group Connaught by The Financial Reporting Council (FRC).

    Social housing specialist Connaught had £220m of debt when it went bust in 2010.

    The FRC found evidence of misconduct by PwC and retired partner Stephen Harrison.

    Mr Harrison was fined £150,000 and also reprimanded.

    PwC was also ordered to pay the FRC’s legal costs and make an interim payment of £1.5m.

    Contractual dispute solicitors Oldham

    Suffering a financial or contractual dispute can have serious implications on your business. Our professional negligence solicitors will quickly and efficiently put your case together and act on your behalf to negotiate a settlement, arrange mediation or represent you in court. We can advise you on the appropriate course of action and assist with any legal documents or proceedings that may occur.

    Call Shalish Mehta in our civil and commercial litigation department on 0161 785 3534 or email sm@wrigleyclaydon.com.
  • Annual pre-tax profits fall at BT as worldwide redundancies announced

    Annual pre-tax profits fall at BT as worldwide redundancies announced

    BT is to shed 4,000 jobs worldwide over the next two years and is stripping the chief executive of his annual bonus.

    The job cuts would fall on back-office and managerial sectors as it simplifies its Global Services operations.

    The move follows an accounting scandal at the Italian part of Global Services that cost BT more than £500m.

    The announcements came as BT disclosed that its annual pre-tax profits fell 19% to £2.35bn in the year to March.

    Commercial lawyers Oldham

    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 our Commercial Lawyers Oldham

    Call 0161 624 6811 to speak to John Porter and Soibi Iketubosin in our Company/Commercial Department or email jap@wrigleyclaydon.com or si@wrigleyclaydon.com.
  • Airbus profits fall amid continued problems and “contractual capabilities”

    Airbus profits fall amid continued problems and “contractual capabilities”

    Airbus’ profits have fallen due to continued problems with certain projects.

    Airbus stated that there were still issues over “meeting contractual capabilities” securing export orders, cost cutting, and commercial exposure.

    It also said that technical problems with engines for its new A320neo aircraft were still to be resolved.

    The warnings came as Airbus posted quarterly figures showing a 52% fall in net profits to €240m euros (£203m).

    The A400M (a multi-national, four-engine turboprop military transport aircraft) has also suffered a number of setbacks over the years, most seriously a crash during a test flight in Spain in 2015 which led to the deaths of the four crew members.

    The Airbus Helicopters unit, the world’s largest commercial helicopter maker, continues to suffer from the grounding of aircraft in UK and Norway, following a crash that killed North Sea oil workers.

    Commercial solicitors

    When it comes to legal advice, all businesses need someone skilled, reliable and experienced they can turn to for support and guidance. At Wrigley Claydon, our team of commercial solicitors are here to develop and give effect to the legal arrangements needed to help you achieve your commercial objectives and manage business risk.

    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, speak to our commercial solicitors.

    Please call 0161 624 6811 to speak to John Porter and Soibi Iketubosin in our Company/Commercial Department or email jap@wrigleyclaydon.com or si@wrigleyclaydon.com.