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The government has reiterated its commitment to helping more people own their home. Alok Sharma, Housing and Planning Minister, said: “As set out in our Housing White Paper, we’re committed to helping those aspiring home buyers currently locked out of the market to turn their home ownership dreams into reality.” The confirmation came as the
A notice to quit was declared invalid because the landlords sent it to the tenant’s old address, even though they had been informed of the new one six years earlier. The case involved the tenancy of an agricultural holding. The tenancy agreement stated: “”Either party may serve any notice (including any notice in proceedings) on
The Queen’s Speech announcing the government’s plans for the coming two years was dominated with Brexit as was widely expected. Eight of the 27 new bills were related in some way to our future relationship with the European Union and the rest of the world. The impact on business will largely depend on the outcome
A company has been awarded £176,000 damages after an employee leaked sensitive information to rival firms. It has also been given permission by the Court of Appeal to pursue further compensation. The case involved Vanden Recycling Ltd, one of its employees and two rival businesses, Kras and Bolton. Vanden alleged that the employee had been
Directors need to be clear about repayment terms when borrowing money from their company or using their loan account. Failure to do so could result in being obliged to pay back large sums before they are ready to do so, as happened in a recent case before the High Court. The issue arose due to
More than 79,000 businesses in the UK say they would not be able to repay their debts if interest rates were to rise by even a small amount. That’s an increase of nearly 60,000 since last September. The figures are based on a long running survey conducted by the insolvency and restructuring body, R3. Its
A company has enforced a restrictive covenant preventing a highly experienced employee from working for a competitor for six months. The case involved a UK subsidiary of a worldwide group offering professional services, and one of its consultants. The company had employed the consultant knowing that, with her experience, she would rise through the ranks
Families in the UK have paid more than £5 billion inheritance tax in a single year for the first time ever. The record figure reflects the increasing value of estates, largely fuelled by rising house prices. HMRC says that £5.1 billion was collected through inheritance tax receipts in the 12 months to May. That was
A wife has won her appeal against a divorce settlement that gave her husband an equal share of the marital assets. The case involved a couple whose relationship, including cohabiting and marriage, lasted six years. They had no children. At the start of their relationship they both earned around £100,000 a year, but during the
A woman who was sacked by an employment agency after becoming pregnant has been awarded £25,000 compensation. Daniella Lewandowski started working for the Bradford District Apprenticeship Training Agency in 2015. She had a minor role at first but was then employed on a £33,000 a year fixed contract. She said the agency told her that