Corporate lawyers in Thrings’ Bristol office have advised Wiltshire housebuilder Stonewood Homes on a string of deals linked to its schemes across the West of England. Stonewood, which specialises in small-to-medium developments of high-quality, sustainable new homes, received funding from a consortium of investors as part of its plans...
The planning & environment practice in international legal practice Osborne Clarke’s Bristol office has been boosted with the appointment of Christian Silk as partner. Described by the firm as a highly skilled and experienced planning and environment lawyer, Christian, pictured, supports clients across the energy, infrastructure and built environment...
Each week Bristol Business News gives a prominent member of the city’s business community the last word on its weekly e-bulletin. This week CBRE Bristol operational real estate transaction team leader Phil Schmid, answers our 10 questions. What was the LAST: Film you watched? The Ministry of Ungentlemanly Warfare. My wife...
The sweeping fiscal changes announced by Chancellor Rachel Reeves in her Budget will hit SMEs and business owners hard as the government seeks to plug a ‘£22bn black hole’ in the public purse. In one of the most hotly anticipated Autumn Budgets in recent years, the Chancellor announced the...
Bristol-based temporary generator hire firm Power Electrics has become the latest in the city to transition from privately owned to an Employee Ownership Trust (EOT). The firm, which has grown from a small yard in 1963 to operating the UK’s largest generator transport fleets, said the move marked a...
This week’s Budget ushered in a large number of tax reforms as Chancellor Rachel Reeves seeks to balance the Treasury’s books. Here experts from law firm Thrings look at some of the key changes. Inheritance Tax The inheritance tax (IHT) threshold freeze remains for a further two years to...
Hospitality businesses from Bristol will line up against the cream of the West of England’s tourist attractions next month when the region’s most prestigious awards scheme for the sector returns for another year. The Bristol, Bath, and Somerset Tourism Awards celebrate excellence in an industry that has continued to...
Employers have been heavily impacted by this Budget. Employers’ National Insurance Contributions (NICs) will increase by 1.2% to 15% from April 2025. And the threshold at which it becomes payable has decreased from £9,100 to £5,000. That double whammy of tax rises is partly offset by the Employment Allowance increasing...
As widely expected, the Chancellor has increased the rate of Capital Gains Tax (CGT) from Budget Day itself, so any transactions occurring on or after today are affected. That means that any potential window that could have arisen, had the increase been delayed until April 2025, has been closed. ...
Businesses have been heavily impacted by this Budget, with several key changes being introduced, adding to their tax and operational costs. The rise in employers’ National Insurance Contributions (NICs) will impact employers significantly, particularly small businesses. Employers’ NIC increases by 1.2% to 15% from April 2025. And the threshold...
Rachel Reeves’ first Budget is the largest tax-raising Budget since 1993, with around £40bn being raised for government programmes of ‘national renewal’. Following months of speculation, we finally know the details of what this Budget has in store. While it will take some time to fully examine and understand...
Tax rises in the Budget aimed at companies could slow much-needed economic growth and undermine investment decisions, the region’s largest business organisation fears. Business West, the organisation behind Bristol Chamber of Commerce, said it recognised that the Chancellor faced a tight fiscal position and so had to make hard decisions....
Chancellor Rachel Reeves started her Budget speech by saying the country voted for change on 4 July. As a result, the Labour government could now “fix the foundations”. The way to ensure growth was to “invest, invest, invest”, she added. In total, the Budget will raise taxes by £40bn. Business...
