News
-
Mar- 2020 -31 March
IJL launches 2020 KickStart initiative
The IJL has announced the launch of its eleventh annual IJL KickStart competition. Applications for the competition, which is open to UK-based jewellery designers, have now launched online, and contestants are now asked to pitch for a place on the mentorship programme. Ten designers will win the competition, and then…
Read More » -
30 March
The minimum wage increase is about to hit – and it beggars belief
As if to bang the final nail into the coffin himself, we can only assume the Treasury’s top man, chancellor Rishi Sunak, refuses to give ground on the next wave to crash over the retail and hospitality industries. I am talking of course about the increase in the National Minimum…
Read More » -
30 March
Government relaxes insolvency rules
The government has announced a set of changes to help improve the insolvency system to enable companies undergoing restructuring to continue trading. The relaxed measures announced by business secretary Alok Sharma, will allow companies undergoing restructuring to continue to access supplies and raw materials. It has also temporarily suspended wrongful…
Read More » -
30 March
Beaverbrooks closes website and warehouse operations
Beaverbrooks has closed its website and warehouse operations until further notice. Anna Blackburn, managing director at Beaverbrooks, said the company made the “difficult decision” to close its website and warehouse operations to “protect” its colleagues, their families and the wider community. She added: “As a family owned business, the safety…
Read More » -
27 March
Fellows auctioneers stage auction from home
Fellows Auctioneers has revealed that its latest auction was operated in full from a family home in Shropshire on 26 March. The auction, which was “one of their most successful” auctions to date, achieved a hammer total of £210,000. Managing director Stephen Whittaker was auctioneer from his family home, with…
Read More » -
27 March
What we know about furlough leave and the CJRS
HMRC published details of the Coronavirus Job Retention Scheme (CJRS) on 26.3.20 which are available here: https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme Key points include: Employees that employers can claim CJRS for For the purposes of CJRS, the definition of employee would include workers and agency workers provided they are subject to PAYE i.e. this…
Read More » -
26 March
Self-employed to get 80% income grant
Chancellor Rishi Sunak has announced the government will pay self-employed people a taxable grant based on their previous earnings over the last three years, worth up to 80% of earnings, and capped at £2,500 a month. Sunak said it will run for a minimum of three months, with scope for…
Read More » -
26 March
Wetherspoons’ boss was right to withhold wages
The media and the Twitterati have had a field day vilifying the founder and owner of pub chain Wetherspoons over his decision not to pay his staff in light of the coronavirus restrictions. Tim Martin had sent an email to his 43,000 staff saying he could not afford to pay…
Read More » -
26 March
Covid-19: Banks under fire over emergency loan scheme
Banks have come under fire over government-backed emergency loans which require business owners to sign for a personal guarantee, as the UK battles with the Covid-19 pandemic. The British Business Bank (BBB) opened applications for the Coronavirus Business Interruption Loan Scheme (CBILS) on Monday (23 March), and claimed the loan…
Read More » -
25 March
Assay offices close their doors
All four assay offices across the UK have closed their doors amid the coronavirus crisis. The assay offices, in Birmingham, Edinburgh, London and Sheffield, will now be closed for business for “at least” three weeks. In a statement, the British Hallmarking Council said: “The pandemic has caused many disruptions to…
Read More »
