Farmers are increasingly seeking ways to stabilise their farm income and ensure the sustainability of their agricultural businesses. Farm diverification is one strategy farmers are using to achieve this. Diversifying a farming business involves branching out into new...
Have you thought about succession and the long-term plans for your family farm? As agriculture makes up the highest concentration of family businesses passed through the generations, it is no surprise that succession is a key issue and is something farmers need to...
To cut complexity and burdens from legislative reporting requirements, the thresholds for company sizes in the UK are being increased by 50%. Following the Spring Budget, it has been announced by the Prime Minister Rishi Sunak that the company size thresholds will be...
Government initiatives often shape the landscape of various sectors, and agriculture is no exception. Recent developments in the UK's environmental policies are set to bring significant changes to agricultural property relief (APR). Background In 2023, the UK...
In response to the pressing need to tackle the ongoing recruitment and retention challenges faced by the adult social care sector in England, Care England has taken a proactive step forward by introducing an end-to-end solution. As the largest representative body of...
Accounting is a fundamental pillar of measuring a successful law firm. Law firms, have unique financial considerations that require careful attention to ensure compliance with regulations and business performance. From managing client funds to handling operational...
Succession in law firms is very real problem in the UK The age profile of the legal sector is increasing. The huge wave of legal practitioners who entered the market 30 or 40 years ago are today of an age when they begin to contemplate phasing down or retiring...
What is the Pharmacy First Initiative? Health leaders across England are celebrating the much-anticipated launch of the Pharmacy First service, marking a significant step forward in healthcare accessibility and efficiency. With over 90 percent of pharmacies onboard,...
Responding to recent import and supply chain challenges, on 17 January 2024 the UK government launched the Critical Imports and Supply Chain Strategy, an initiative aimed at improving the nation's ability to adapt to global disruptions in the face of adversity. ...
On 26th November, HMRC's Department for Business & Trade unveiled its much-anticipated Advanced Manufacturing Plan. This plan was released shortly after the chancellor announced £4.5 billion in funding for growth and innovation in the manufacturing sector. The...
In the dynamic landscape of small business management, effective financial management is the key to sustained success. Accounting plays a pivotal role in this process, and thanks to the development of technology, accounting software has become a powerful tool for...
Challenges for the manufacturing sector in 2024 As we start 2024, the manufacturing industry finds itself at a crossroads of various customer demands, technological advancements and sustainability imperatives. Whilst this may present opportunities, it will also leave...