Amazon to close UK grocery stores as focus shifts to online delivery Amazon is set to close all 19 of its UK Amazon Fresh grocery stores less than five years after launching the till-free sites in London. Five of the stores may be converted into Whole Foods outlets, another grocery brand owned by Amazon. The…
State Pension Set for Rise – But More Retirees May Face Tax From April, people drawing the state pension may see an increase of more than £500 a year, thanks to the government’s triple lock guarantee. The policy means the pension rises each year by whichever is higher: 2.5%, inflation, or average wage growth. The…
How Employers Can Improve Gender Equality at Work The government has recently published new guidance on how businesses can improve gender equality in the workplace. The advice is intended to be practical and based on evidence of what really works, rather than theory. The guide contains details of effective actions, where there is strong evidence…
Six Lessons for Businesses from Royal Mail’s Return to Profit After three years of losses, it’s been reported that Royal Mail has returned to profit under its new owner, Czech billionaire Daniel Kretinsky. While the £12m profit (excluding redundancy costs) is modest compared to the £336m loss the year before, it marks an important shift…
Why Systemising Your Business Could Be the Key to More Freedom Many business owners we work with feel caught up in the day-to-day drudge. They’re handling customer queries, fixing problems, chasing invoices – and wondering how they’ll ever find the time to step back and think about where the business is heading. The truth is,…
Welcome to our monthly newsletter for property landlords. We hope you find this informative and please contact us to discuss any matters further on enquiries@shaikhfinancing.com Holding property in a limited company More buy-to-let landlords are holding mortgages within limited company structures. Before deciding on the most appropriate structure for your property business, it’s important…
Knowing When to Cut Loose: Lessons from the UK Space Agency The government announced last week that the UK Space Agency will be wound up as an independent body and absorbed into the Department for Science, Innovation and Technology. A key reason for the decision was to save costs. While few of us are running…
Seven Things Every Company Director Needs to Know Becoming a company director comes with a fair bit of responsibility – and not just when things are going well. Whether you’re the hands-on type, more of a silent partner, or even directing behind the scenes, all company directors have legal duties under the Companies Act 2006….