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Writing this update on the latest position of Brexit has been difficult. The most recent weeks have seen the ‘latest’ updates superseded within days. Yet none of these updates have brought any further clarification or certainty on how businesses can plan for Brexit. In fact, two-thirds of 2,500 companies surveyed by the British Chambers of Commerce back in August stated that they were not doing any preparatory work for Brexit...
2018 will be known for the year that the look of the UK high street transformed month on month. It’s a year where the struggles of some big brand names were put directly under the spotlight for all to see. Sadly many of them did not recover. As we enter the final weeks of the year, our local high streets lost over 700 stores and left over 35,000 people without a job from retailers including Toys R Us, House of Fraser, New Look...
We’re delighted to share that HJS Solutions have raised £300 for Children in Need today (Friday 16 November). The teams based at our Carlton Place office in Southampton include HJS Accountants, HJS Financial Planning and HJS Recovery. The money raised from a ‘dress down day’ was matched by HJS Solutions bringing the total donation to £300. Our donations will go towards the 2,400 projects that Children in...
More doom and gloom was cast upon the high street this week as Orla Kiely, the fashion and homeware retailer, ceased trading following the collapse of parent company Kiely Rowan. Directors of Kiely Rowan placed the company in creditors voluntary liquidation after some “challenging” years in both online and high street retail. According to Companies House records turnover of Kiely Rowan grew from £7.2m to £8.3m, however...
Following a joint investigation by the Competition and Markets Authority (CMA) and the Financial Conduct Authority (FCA), banks will now be required to publish their customers’ satisfaction scores on their websites, apps and in their branches. The new requirement aims to improve competition in the banking sector, and provide consumers with better information in regard to the services that banks offer. Under the new rules, banks...
