Joint venture engineers bright future

Two well-established metalwork, engineering and fabrication businesses have come together in a new joint venture that is set to open up new markets and opportunities. WNJ played a key role in advising both Coppull-based Morgan Bros (Metalwork Solutions) and J L Engineering (Rixton) in

New era for city nightspot

One of Preston’s best-known city centre nightspots is under new ownership. Baluga Bar in the Miller Arcade was bought for an undisclosed sum by Ryan Peake, Nick Carter and Hiran Panchel. The trio of DJs, who have all worked at the venue as entertainment managers in the past, were advi

Some Budget cheer for SMEs – but challenges remain

Chancellor Philip Hammond responded to some of the challenges facing Britain’s smaller businesses in his Budget announcements. The measures to support struggling high street businesses and cuts to the cost of apprentices are really welcome moves. And they have been seen as a sign that

Jeweller sparkles at national awards

Whalley-based family jeweller Sarah Layton has received national recognition for its sparkling offering to its customers. The business was named “Multi-Brand/Fashion Jewellery Retailer of the Year” at the Retail Jeweller UK Jewellery Awards (UKJA).   The jeweller underwent an in-

2018 Budget Summary

We are delighted to publish our summary of the key announcements in the Budget 2018 statement, made on Monday, 29 October. Expectation leading up to the Budget had been for tax rises, with various revenue raising options discussed ahead of the statement. Despite this, the headline cha

Will the Chancellor listen?

He may not have much ‘wriggle room’ and the national focus may be on the thorny subject of Brexit, but the UK’s small businesses will be watching and hoping Chancellor Philip Hammond responds to the challenges they face. The perceived wisdom is that the Chancellor’s statement on Octob

A sad loss

Mervyn Coward, who was a Partner and later a consultant at WNJ, sadly passed away earlier this month following a short illness. Mervyn, 69, from Fulwood, Preston, was a true gentleman and a popular figure whose long and valued association with WNJ spanned more than half a century. Thi

Phising expeditions on the rise

The threat from cybercrime continues to rise – with fraudsters becoming ever more devious in their efforts to take cash from unprepared businesses. Phishing is a type of fraud in which criminals send emails claiming to be from reputable organisations such as banks. Penny Davis o

Focus on workplace pensions

An increasing number of workplace pension schemes will come under greater scrutiny from The Pensions Regulator (TPR) from next month. It is all part of what the regulator describes as “a significant shift” in its approach to protect savers. TPR says it will be working proactivel

Time to declare your offshore assets

HMRC is urging taxpayers to come forward and declare any foreign income or profits on offshore assets before September 30 to avoid higher tax penalties. New legislation called ‘Requirement to Correct’ requires people to notify the taxman about any offshore liabilities relating to inco

Lea Hough seal a deal to expand practice

Leading North West Chartered Surveyors Lea Hough has continued its recent period of growth in a deal that sees it join forces with a Lancaster firm. Matthew Parkinson Surveying has become part of the Preston-headquartered business, with Matthew Parkinson joining the practice as a part

Sole traders need recognition

Figures from the Federation of Small Businesses (FSB) reveals that the UK’s self-employed contribute a staggering £270bn to the national economy every year. There are now 4.8 million self-employed people – that is 15 per cent of all people in work. And the FSB, which is headquartered