News

The recent Oxfam scandal is the perfect example of a reputation hard won and easily lost, as over the weekend they were left scrambling to contain a scandal that could cost them their funding. In the wake of this, the International Development Secretary has stated that she will be cracking down on the aid sector in relation to safeguarding all aspects of charity work.

IPT (insurance premium tax) has doubled from 6% to 12% over the last few years, which has forced insurance premiums up in turn for customers and now accounts for £50 on an average policy. Though IPT only directly affects insurers, this is likely to have a knock-on effect to your business insurance policy. 

A recent report by Reuters revealed that 300,000 charities were directly affected by the crackdown on illegal funds over the last couple of years. It is therefore in your charity’s best interests to remain vigilant, prepared and guarded against financial crime.

Since the beginning of January, retail giants have been announcing plans for huge job cuts and store closures for business restructures. Is this a sign of another financial crisis still to come?

The UK’s second biggest construction company has entered liquidation after negotiation talks between the firm, money lenders and the government failed to reach a conclusion, threatening thousands of jobs.

Fly-tipping is a serious issue affecting almost two-thirds of farmers according to a survey carried out by Farmers Weekly and can lead to them not only having to clear it up themselves but also puts them at risk of being held responsible for any environmental damage caused.

The general data protection regulation (GDPR) is a new law enforced by the EU that will replace the current data protection act on 25 May 2018. It is essential that charities ensure that they are ready for the change.

The Royal Mint has released the designs for four new commemorative coin designs to enter circulation sometime in 2018, so it’s time for coin dealers and collectors to start checking their change!