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Hethertons Services for Businesses - November 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

  Rental values in the UK commercial property market increase


 

Rental values in the UK prime commercial property market rose in the third quarter of 2019.

Office and industrial rental values increased by 1.7 per cent, while values in the commercial property sector increased by 0.4 per cent overall.

 
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UK ranked among best places in world to do business


 

The UK is among the best places in the world to do business, a major new report has revealed.

The finding forms part of the World Bank’s latest Ease of Doing Business 2020 Report.

 
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Over half of employers unaware of the upcoming Good Work Plan


 

According to a recent survey, over half of UK employers are unaware of how the upcoming Good Work Plan changes will affect their business.

From April 2020, changes to the current employment laws will come into force in a bid to improve the employment rights of workers.

 
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How a company can be brought down by fraudsters


 

The way in which fraud occurs has changed. More than five and a half million cyber offences are now thought to take place each year, accounting for almost half of all crime in the country.

In the technology-driven world we live in, cybercriminals can now steal private data off you from hundreds of miles away, meaning they can steal all of your money in just a matter of moments.

 
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Business insolvency rates at highest level for almost six years


 

The latest figures from the Insolvency Service show that underlying corporate insolvencies rose by 0.4 per cent in the third quarter of 2019 compared to Q2 and rose by 1.6 per cent compared to the third quarter of 2018.

Meanwhile the report found that the number of businesses entering administration, where an independent firm is appointed to help recover money for creditors, jumped by 20 per cent.

 
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Government announces plans that will require employers to pass on all tips to staff in full


 

The UK Government has announced plans requiring employers to pass on all tips to staff in full, which will benefit more than one million people.

The legislation will come into effect through a new bill, with a requirement for employers to distribute tips “on a fair and transparent basis”.

 
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