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Monthly Archives: February 2025
The new Employment Rights Bill explained
On the 10th of October 2024, the UK Government introduced the Employment Rights Bill, a pivotal piece of legislation designed to modernise workplace protections and create a more equitable and inclusive labour market.This extensive reform aims to reshape workplace policies for both employers and employees, prioritising stability, equality, and flexibility in the workplace. As the Bill progresses through Parliament, it is crucial for businesses and employees to understand its potential effects and prepare accordingly. This blog is designed to help you navigate the landscape ready for the potential changes ahead. What is Labour’s new Employment Rights Bill? The Employment Rights Bill is an ambitious and comprehensive proposal designed to overhaul the UK’s labour laws. Introduced as part of Labour’s “Plan to Make Work Pay,” the Bill addresses key employment challenges such as job instability, workplace harassment, and gender disparities. Its … Continue reading
Why every business partnership needs a written partnership agreement
If you run a business as two or more partners, having a written partnership agreement is critical. This legally binding document outlines how your business operates and protects all partners from disputes and unforeseen challenges. But why is it essential, and what should be included to ensure your business is protected? The Importance of a Business Partnership Agreement In today’s ever-evolving world, businesses face increasing pressures, from regulatory changes to resource constraints. A robust written partnership agreement provides the clarity and structure needed to avoid disputes and ensure the smooth running of the business. Without a written partnership agreement, your business may default to being governed by the outdated Partnership Act 1890. This legislation offers only modest protection to modern business partnerships and can expose your business to unnecessary risks. For example: A bespoke partnership agreement mitigates these risks and … Continue reading
Can I get a mortgage for a houseboat or a canal boat?
You can get a mortgage for a houseboat or a canal boat. However, you may need to find a specialist lender that offers marine mortgages or finance as most high street lenders do not. Whilst canal boats and houseboats tend to be cheaper than traditional housing, marine mortgages often require larger deposits, have shorter repayment terms, and some have higher interest rates. Before taking out a marine mortgage or finance, it’s important to seek expert financial advice from a qualified adviser. It is also sensible to obtain legal advice to ensure you are clear on the terms of the agreement (and this is sometimes a requirement of the lender too). Getting a marine mortgage: the difference between houseboats and canal boats Although the process will be similar for houseboats and canal boats, the use and design of the vessel (and … Continue reading
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