Fraud is a growing risk for charities, so it is important for trustees to be able to spot a threat.
How often do you hear about fraud in the news? Sadly, in today’s world it happens too often and anyone with an internet connection or an email address is at risk.
After Brexit and the pandemic, could energy prices be the straw that breaks the camel’s back for tourism and hospitality businesses?
The world is full of tipping points. For years at a time we grumble at small changes that each make life a little more challenging but which leave things broadly unchanged.
The South West is home to many pioneering businesses but it is not always clear how to access the funding for research and development (R&D). In fact, some businesses are not even aware that the innovative work they are carrying out is R&D.
I’ll have the opportunity to discuss this issue with businesses this week. Thomas Westcott is sponsoring the SW Innovation Expo, taking place in Exeter on 14 October, and I’m delighted to be attending with colleagues. I’m looking forward to meeting businesses from across the region and learning about their breakthroughs in cutting edge technology and innovative ideas.
Earlier in the year there was speculation that the Chancellor may not hold an Autumn Budget this year. We now know that will not be the case with the announcement last month that the Autumn Budget will be held on 27 October 2021, so what can we expect?
When I wrote in September 2020 that manufacturing output had grown at its fastest rate since May 2014, I never imagined we would still be feeling the pandemic’s effects 12 months later. Nevertheless, the take up of the vaccine across the UK does give some grounds for optimism.
Thomas Westcott is proud to be supporting the SW Innovation Expo on 14 October and sponsoring the Innovation Showcase.
The SW Innovation Expo is an important event for the region. The South West is fast developing a reputation as a technology and innovation hub and we recognise the importance of this for the region’s economic growth and prosperity.
East Devon District Council (“EDDC”) have recently launched a new grant fund aimed specifically at businesses and organisations operating in their council area. They have called it their “Innovation & Resilience Fund”, and a grant of up to £50,000 per business or organisation is available, with a minimum application of just £2,500.
It has been fascinating to see investors’ reactions to the turmoil in financial markets caused by the first global pandemic in over a century. Interestingly, the response has not been what we might have expected.
The crisis has sharpened many people’s focus on financial planning for the future.
From the 1 October 2021 through to 31 March 2022 we will have four rates of VAT to deal with for the first time in over 40 years. During that 6-month period, a temporary 12.5% rate will apply to the hospitality industry. This rate replaces the reduced 5% rate that has applied to most hospitality related supplies since July 2020.
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