Employers pay out more than £83,000 in tribunal penalties

Employers have had to pay out more than £83,000 under the tribunal penalty regime that came into force last year. Firms now face penalties of up to £5,000 for non-payment of tribunal awards under the Small Business, Enterprise and Employment Act. The regime applies to judgments made on or after 6 April, 2016. The Department

Mothers to be given greater protection against redundancy

The government says it wants to provide mothers and pregnant women with better protection against the threat of redundancy. The Department for Business, Energy and Industrial Strategy is to hold a public consultation on the issue and consider new ways to ensure women are not subjected to discrimination at work. It follows a report by

Business Start Up Checklist

Machins Solicitors regularly advise start-up businesses on the legal aspects of their new venture. Set out below is a basic checklist of the main points for you to consider and which we are usually asked to advise on: Business Structure Choose an appropriate business structure. The most common are: Sole trader – is when you

Why is a contract important in business?

Many will be familiar with contracts in one way or another. However, to some, preparing or reviewing such documentation may seem like a wasteful expense, particularly for a new business as the cost would cut into that all important bottom line. Legally, a contract can be written or spoken and therefore an effective agreement could

Model agencies fined £1.5m for colluding on prices

Five model agencies and their trade association have been fined a total of £1.5m for colluding on prices. An investigation by the Competition and Markets Authority (CMA) found that FM Models, Models 1, Premier, Storm and Viva – and their trade association, the Association of Model Agents – colluded together for two years. The CMA

More help for small businesses dealing with large companies

The government has announced new regulations to help small businesses get paid quicker when supplying large companies. The new ‘duty to report’ will require large companies and limited liability partnerships (LLPs) to publicly report twice yearly on their payment practices and performance, including the average time taken to pay supplier invoices. It’s hoped this will

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