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By Steph Gemson, Founder of TaxGem
In a landmark policy shift, the UK government has announced the complete abolition of the non-dom tax regime, effective April 2025. The reform will replace the current non-domiciled status with a residence-based tax scheme, fundamentally altering the tax obligations for thousands of non-dom individuals residing in the UK.
Continue reading The Abolition of UK Non-Dom Regime: What It Means and How to Prepare
Small and medium-sized enterprises (SMEs) are the bedrock of the UK economy, comprising 99.9% of all businesses and employing millions of people across the nation. With over 5.6 million SMEs, these companies are key drivers of innovation, job creation, and local economic growth.
However, many face challenges that threaten their survival in a competitive
Continue reading Empowering SMEs: How Local Authorities Can Foster Growth and Innovation
Nigel Wilcock
Sustainable economic growth is urgently required to help deliver the funding for government to meet its commitments for national renewal.
However, despite an explicit focus on resetting the relationship between central and local government (and the importance of strong local government), serious questions remain about current approaches to stimulating growth.
The challenges
Continue reading Delivering long-lasting change in our towns, cities and regions
The contenders for the IED Annual Awards 2024, which recognise achievers in the public and private sector through a series of individual, team and organisational categories, have been announced by the Institute of Economic Development.
In another highly competitive awards round, the final three nominees for seven IED Annual Awards have been decided. The
Continue reading Shortlist announced for Institute of Economic Development Annual Awards 2024
By Steph Gemson, Director, TaxGem
With the new Prime Minister in situ at Downing Street, businesses across the UK are keen to know what this will mean for them. And of course, as accountancy and tax professionals, we are here to advice our clients with whatever the future holds under a Labour government.
Some
Continue reading TaxGem: What taxes might be impacted under a Labour government?
Reporter: Stacy Clarke
The Institute of Economic Development (IED), the UK’s leading independent professional body representing economic development and regeneration practitioners working for local and regional communities, has launched its Early Career Network: a dedicated platform to enable those in the early stages of their economic development careers to connect and collaborate.
The network’s
Continue reading “Connect and collaborate”: Early Career Network launched by Institute of Economic Development
Canary Wharf Group (‘CWG’) raised £84m through a forward sale of 294 Affordable rent homes to the CBRE UK Affordable Housing Fund (‘AHF’), a fund sponsored by CBRE Investment Management.
Wood Wharf
The affordable homes are part of CWG’s Wood Wharf residential development due to be completed in 2027. The residential community at Canary
Continue reading Canary Wharf Group closes £84m affordable housing deal with CBRE Investment Management
National social enterprise Fusion21 has officially announced a new nationwide social value partnership with Rugby based developer Newlands Developments.
The ground-breaking collaboration will see social impact incorporated into all Newlands Developments’ projects at the pre-planning application stage to ensure multi-million pound developments benefit the local area and people who live there.
Fusion21, based in
Continue reading Fusion21 and Newlands Developments announce new partnership to drive social impact
Neil Darwin, Managing Director of Cambridge and Leeds-based economic and commercial development consultancy Deyton Bell, has been appointed to the Institute of Economic Development (IED) Board of Directors.
Neil Darwin
With over 30 years’ experience working in economic development, Neil has led Deyton Bell’s support for global public, private and not-for-profit organisations via consultancy,
Continue reading Deyton Bell Managing Director joins the Institute of Economic Development Board
“What is the Digital Operational Resilience Act (DORA), and what will be the impact on your business?” asks Claire Agutter as she discusses the new DORA regulations.
Claire Agutter
The watchdog organisation, Which?, has warned about the consequences of transitioning to digital payments, highlighting that many financial institutions report failures and outages daily. While
Continue reading Understanding DORA: Navigating the Digital Operational Resilience Act
Procurement experts Fusion21 has announced the suppliers successfully appointed to its national Building Improvements Framework worth up to £346 million over a four-year period.
Following a competitive tender process, a total of 70 specialist firms – 74% being SMEs, have secured a place on the framework which has been developed to support public sector
Continue reading Fusion21 names suppliers appointed to £346 million Building Improvements Framework
Reporter: Stuart Littleford
Additional Voluntary Contribution (AVC) service provider, AVC Wise Ltd. (AVC Wise), has been awarded a place on the UK’s first and only Salary Sacrifice AVC Framework, and as the only approved supplier on the framework.
Portsmouth City Council has launched the new framework meaning other public sector organisations can seamlessly enter
Continue reading AVC Wise Secures Place on UK’s First Salary Sacrifice AVC Framework
North Herts Council (NHC) is set to revolutionise its operations and enhance service delivery with the adoption of TechnologyOne’s Software-as-a-Service (SaaS) Enterprise Resource Planning (ERP) suite.
The comprehensive solution encompasses financials, supply chain management, Enterprise Asset Management (EAM), and Corporate Performance Management (CPM), establishing North Herts Council as a pioneer in digital innovation within
Continue reading North Herts Council rolls out TechnologyOne’s full SaaS ERP suite
Commenting on Scottish GDP estimates, which show the economy grew by 0.4% in the three months to September, Wellbeing Economy Secretary Neil Gray said:
“These figures show the robustness of the Scottish economy, despite the stiff headwinds faced by countries around the world. We don’t under-estimate the seriousness of a cost-of-living crisis which
Continue reading Wellbeing Economy Secretary comments on latest GDP figures
Recently launched APN Group has acquired Trace Enforcement Group, the fastest growing provider of debt recovery and enforcement services to the private and public parking sectors. In support it has simultaneously announced the appointment of three more industry-leading figures to its senior ranks.
Colin Arthur, Paul Kyte and John Mason
APN Group has fully
Continue reading APN Group acquires Trace Enforcement Group and announces further heavyweight hires
Leading public sector and professional services organisations look to shared services model to improve core business functions, data compatibility and real-time analytics
Unit4, a leader in enterprise cloud applications for people-centric organisations, today highlighted key trends in shared services adoption among public sector and professional services organisations (PSO), drawing on data from
Continue reading Unit4 Studies: Organisations Adopting Shared Services to Drive Transformation
One of the UK’s leading providers of contingent labour on behalf of public sector organisations, Matrix, has seen its clients grow their investment in temporary and fixed-contract staff by a fifth since the end of the Covid pandemic.
The largest increases were seen in Qualified Social Care, where spending has risen by almost a third.
Continue reading Public sector contingent labour spend rises 20% post pandemic, reports Matrix
The purchase of Security Watchdog from Capita fuels Matrix’s growth ambitions and broadens its services portfolio in the workforce solutions marketplace
Market-leading workforce technology and services platform Matrix is furthering its growth strategy with the acquisition of employment screening business, Security Watchdog, from business process services group Capita.
Security Watchdog is the UK
Continue reading Matrix raises the workforce compliance bar with Security Watchdog acquisition
By Ollie Gray, business development director, Charis Grants Ltd
It’s a strange world when you consider those being forced against their will onto prepayment meters because they are struggling to pay their bills, actually end up being charged higher prices as a result – but that is exactly what is happening.
According to the
Continue reading Is it now time to introduce a subsidised social energy tariff for the most vulnerable in our communities?
Considering setting up a joint venture to save on temporary staff recruitment costs? Don’t do anything before reading this, writes Ian Middleton, Business Director, Matrix.
Rising interest rates, soaring inflation and a cost-of-living crisis; growing external pressures have consumers and businesses alike tightening their purse strings in an effort to weather the economic storm that’s
Continue reading Hidden costs: the dangers of local councils going down the JV route for temp staff recruitment
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