Banks commonly enter into hedging arrangements to spread the risks they take on lending money and, in one important case, the High Court has considered whether the cost of doing that can legitimately be passed on to borrowers. A bank lent more than £9.2 million
The Business Secretary, Sajid Javid, has launched an investigation into abuse of tipping, as part of the Government’s initiative to make sure workers are paid fairly. The announcement follows recent media reports that some major restaurant chains are withholding a proportion of the money left
In a groundbreaking decision which will benefit hundreds of thousands of employees who have no fixed place of work and travel directly between their homes and customers’ premises, the European Court of Justice (ECJ) has ruled that time spent on the road is working time
Company directors should be aware that the consequences of business malpractice can be visited on their heirs after their deaths. However, in one case, the estate of a deceased nightclub boss has defeated claims that he fraudulently misappropriated its takings to fund his high-spending lifestyle
All change – new rules for taxing dividends One of the surprises of the summer 2015 Budget was the Chancellor’s announcement that the dividends tax rules are to be radically reformed from 6 April 2016. The move will hit the many personal and family companies
The Rugby World Cup 2015 commences on Friday, 18 September 2015, with a match between England and Fiji, with the final due to be played at Twickenham on 31 October 2015. Employers who have not already done so should ensure they have policies in place
A rugby club which was hit with a crushing VAT bill after building a new clubhouse is in line for a bumper rebate after a tribunal found that its use for socialising and recreation by the local community was akin to that of a village
What’s in a name? A great deal, according to a popular online cosmetics guru who succeeded in wresting control of an Internet domain name which consisted of her elided Christian and surnames with the addition of .co.uk. The woman’s online make-up tutorials had attracted a
The Scottish Government has confirmed in its Programme for Scotland “A Stronger Scotland” that it intends to abolish employment tribunal fees in an effort to ensure that all employees have a fair opportunity to have their case heard. This will be a wakeup call for
The effect of state intervention in the banking sector, triggered by the financial crisis, has come under the spotlight in a High Court dispute in which lenders are seeking to recover an $835 million loan made to a troubled Portuguese bank. The loan facility was
