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August 2018

Reaping the benefits of nanotechnology in the oil & gas industry

As the global nanotechnology industry continues to grow the oil and gas industry looks to benefit in more efficient and effective production.

Travel agency insolvencies fall 30% in five years as businesses adapt to internet revolution

The number of travel agency and tour operators going insolvent has fallen by 30% in the last five years from 47 to 33 per annum as the impact of the internet slows

Are your legal entity structures in order?

Acquisition activity within the insurance sector has led to many business’ legal entity structures become increasingly complex. The result of which is leading to an increase in cost and inefficiency across multiple regulatory rules, relationships and returns.  

Draft legislation for public register for offshore entities holding UK property

On 23 July 2018, the Department for Business, Energy and Industrial Strategy (BEIS) published in draft the ‘Registration of Overseas Entities Bill’, setting out provisions to establish a new beneficial ownership register of overseas entities that own UK property.

Off the court wins for Federer

Roger Federer is thought of by many as the greatest tennis player of all time. But, in monetary terms, his success on the tennis court has been exceeded by his commercial success off the court.

When should you register for VAT in another EU jurisdiction?

The European Union’s integrated VAT system is designed to minimise the requirements for businesses to register for VAT in more than one member state. Even so, there are circumstances when registration in another EU country may still be required. Do you know what those are?

UK Department Stores – reasons to be cheerful

Recent news of profit warnings, redundancies and store closures for the UK’s major department store chains provides clear evidence that times have changed. Is the end of the department store as we know it? Will any of the major chains survive? And what makes one chain more likely to survive than another?

Mirror, mirror, on the wall, who is the most valuable of them all?

The world of retail is changing. The $500 billion global cosmetic industry is not just following this trend, but it’s at the forefront of this change, particularly with some of the new entrants such as Kylie Jenner.

UK Department Stores – reasons to be fearful

The department store was once the king of the high street. 2018 has seen profit warnings, redundancies and store closures for the UK’s other major department store chains, so how fearful should stores be for the future?