The following article has been extracted from Wales Online: Wales is becoming more prosperous nation, a major report finds today. Rising incomes and growing business turnover have helped push Wales up the UK’s table of relative prosperity by one place. However Wales is still only third from bottom of the UK’s nations and regions in the Barclays Wealth Prosperity Map,…
The following article has been extracted from The Law Society Gazette: Significant amendments to the Finance Bill slipped in at committee stage set a disturbing precedent of avoiding proper consultation and scrutiny, the Law Society said today. The changes, which alter the way buy-to-let properties will be taxed, may result in profits from the sale of an investment property becoming liable…
The following article has been extracted from Wales Online: The latest industrial trends survey from the CBI shows export orders at highest level since August 2014. UK manufacturers have seen export orders reach a two-year high thanks to the plunge in the value of the pound following the Brexit vote, a report has said. The CBI Industrial Trends Survey said…
The following article has been extracted from The Law Society Gazette: Solicitors could face penalties for not filing stamp duty returns online, under proposed government reforms to the conveyancing process. At present solicitors and licensed Conveyancers can file stamp duty land tax returns online or on paper. Stamp duty can be paid electronically or by cheque. However, HM Revenue and…
The following article has been extracted from Wales Online: The figures from the ONS equates to £135,000 per head of UK population. The UK economy is worth a whopping £8.8 trillion. The analysis of the total net worth the UK economy at the end of 2015 at current prices was carried out by the Office for National Statistics in Newport.…
The following article has been extracted from The Law Society Gazette: Tests have begun of an all-digital process to create, sign and register a mortgage deed, the Land Registry of England and Wales has revealed. Writing on the agency’s blog, Shaun Ewings, deputy product manager of Land Registry’s digital mortgage service, says that a ‘small pilot version’ has been in…
The following article has been extracted from The Law Society Gazette: The number of clinical negligence claims against the NHS has fallen by almost 5% in the past year, new figures have revealed. The NHS Litigation Authority 2015/16 annual report states that the authority received 10,965 new clinical negligence claims last year, compared with 11,497 in 2014/15. The number of non-clinical…