Category Archives: Commercial

10 Aug

GDPR and your company – what you need to know

The General Data Protection Regulation (GDPR) comes into force in less than one year. If your organisation fails to comply with the new regulation and does not provide adequate cyber protection for your customers, you could receive sizeable fines and penalties, which, under the GDPR, could be up to €20 million or 4 per cent

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directors and officers
04 Aug

Directors and Officers claims on the rise

Since the financial crisis in 2008, claims against directors and officers have grown more frequent, complex and expensive. One reason for this rise is government legislation that has increased business transparency and placed the responsibility on directors and officers. In fact, after new guidelines from the Sentencing Council came into force in February 2016, the

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01 Aug

HSE Releases 2016/2017 Fatal Injury Statistics

The HSE recently published the provisional statistics for work-related fatal accidents that occurred between 1st April 2016 and 1st March 2017, which continued to reflect the 20-year trend of declining fatality rates. Yet, whilst the United Kingdom has one of the best health and safety systems in the world, 137 people were killed at work

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summer holiday
27 Jul

Managing employee holidays in your business

Managing employee holidays can be complicated for any business over the summer period, particularly when everyone wants to take time off with the family. Balancing adequate employee coverage so that you aren’t left short-staffed, with the need for your staff to have a break can be tricky. Here’s some advice to help you keep control

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19 Jul

End to credit and debit card surcharges

The government has announced that from 13th January 2018, businesses will not be allowed to add any surcharges for credit and debit card payments. This means that consumers will no longer be worse off when paying by card, either online or in a shop. The current rules, which have been in place since 2013, require

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small business confidence
11 Jul

Small business confidence wavering

In the second quarter of 2017, confidence as measured by the Small Business Index*, wavered for the first time since the referendum vote last summer. After the steep rises that were seen towards the end of 2016 and early 2017, the headline confidence measure fell to +15, down from +20 in Q1 2017 (although still

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gig economy
05 Jul

What are your obligations to gig economy workers?

The “gig” or sharing economy is composed of organisations that hire independent workers for short-term positions. The BBC defines it as “a labour market characterised by the prevalence of short-term contracts or freelance work, as opposed to permanent jobs”. Instead of a regular wage, workers get paid for the “gigs” they do, such as a

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30 Jun

A guide to fire safety legal responsibilities

In light of the terrible and tragic events in London, we wanted to share this advice from Zurich Insider. This will help you and your business understand fire safety responsibilities for non-domestic premises. Zurich have also created a multi-disciplinary group to provide technical support and guidance which you can read about here. Legislation requires responsible

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23 Jun

Commercial insurance jargon buster – our top 10

Insurance is complicated enough, particularly when looking to cover the risks for your business. Here we give our explanations of the top 10 jargon terms seen in commercial insurance. We would also highly recommend that you read our “Guide to the Insurance Act“: Average clause – A policy condition that requires the amount of a

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09 Jun

Nearly Every UK SME Owed £16,000 in Late Payments

More than half of Britain’s SMEs (52% in total) were owed an estimated total of £44.6 billion in late payments by the end of 2016, according to recent industry research*. That averages out to roughly £16,000 per SME; however, 1 in 10 were owed more than £100,000. This massive financial delay has been detrimental for

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