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Hethertons Services for Businesses - February 2019

Welcome to the latest edition of the Hethertons Solicitors newswire for Businesses, which is designed to keep you up to date with what is happening within our firm and abreast of the latest changes in industry.

Hethertons Solicitors has been providing advice to businesses in and around York and North Yorkshire for more than 70 years. Despite our long and illustrious history, we are a forward-thinking firm with our finger on the pulse of the modern world of business.

We hope you enjoy reading our latest newswire and find it informative.

Free review of your employment contracts

 What happens if I want to acquire a business?


 

Mergers and acquisitions (M&A) can have a number of fantastic benefits if you’re looking to expand or branch out into new markets.

But if you are thinking of purchasing a new business then specialist advice is crucial – and as always advice getting as early as possible will help the process run more smoothly.

 
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Unlimited fines for bosses who allow pension mismanagement


 

Directors who allow company pensions to spiral out of control could be prosecuted under proposed new criminal legislation.

The Department for Work and Pensions (DWP), which published the report, said it plans to introduce a new criminal offence of ‘wilful or reckless behaviour’ in relation to pensions in a bid to crack down on abuse of final or average salary schemes.

 
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Applications for funding now open for UK tech start-ups


 

The Government has announced a new £2 million investment grant designed to help UK tech start-ups bring new ideas to market.

According to the report, published by Innovate UK and UK Research and Innovation, the fund will help to bridge a “productivity gap” that exists between UK and international competitors.

 
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Hermes agree deal to give employment rights to workers


 

Delivery firm Hermes has agreed a deal with union GMB which will see its workers receive holiday pay and minimum wage, in what is being labelled a step forward for gig economy workers.

Previously Hermes workers have been considered self-employed and paid depending on how many deliveries they completed throughout the day and the number of miles they covered, which could often result in drivers earning less than minimum wage on some routes.

 
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Pregnant women to receive more job protection under new Government plans


 

The Government are proposing new rules that will help offer women who stop work to have a child greater protection against the threat of redundancy.

The new legislation would extend the legal protection against redundancy for pregnant women for six months after they return to work, whilst measures may also be introduced to protect others, including men, returning from adoption or shared parental leave.

 
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One in four employers admits to disability discrimination


 

A recent survey has revealed that one in four UK employers is being discriminatory when it comes to hiring staff with disabilities.

The research from disability charity Leonard Cheshire found that 24 per cent of UK employers admitted they would be less likely to hire someone with a disability compared to an able-bodied candidate.

 
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