Surge in data security breaches by private companies

The number of data security breaches by private companies has risen by 58% over the last year, according to figures released by the Information Commissioner’s Office (ICO). This is in spite of the fact that three quarters of businesses surveyed understand that the Data Protection Act (DPA) obliges them to keep personal information secure –

New proposals to allow more firms to avoid audits

The Government has put forward proposals to allow more small firms to avoid the need to submit audited accounts – saving businesses in the UK an estimated £206m a year. EU regulations list three criteria by which firms can be regarded as small for accounting purposes. These are:  no more than 50 employees balance sheet

Buy to let landlords acquiring more properties

The renewed interest in buy to let properties is spreading from London to other areas throughout the UK, according to new research. The Association of Residential Letting Agents (ARLA) and the Residential Landlords Association (RLA) conducted a survey of their members. The results showed that 30% of buy to let landlords in the North East

Bankruptcy petition threshold could rise to £3,000

Debtors may soon have to owe £3,000 or more before creditors can petition for bankruptcy. The current level is £750. The proposal to raise the threshold has been put forward by the Business Minister Edward Davey as part of the Government’s review of debt advice and personal insolvency. It follows a public consultation and call

When TUPE does not apply

When a business is transferred from one owner to another, the rights of employees are protected by the Transfer of Undertakings (Protection of Employment) Regulations (TUPE). This means the employees of the previous owner become employees of the new owner on the same terms and conditions. But what happens when the services provided by the

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