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Budget 2011: Is Britain open for business?

Thursday, March 24, 2011 | Posted by: Grant Thornton
Categories: Economy, Tax | Tags: Budget, Foreign profits reform, Anti Avoidance measures, Budget insights, Entrepreneurs Relief fund, Corporation Tax reduction, National Insurance changes, Non domiciled reform, Revenue neutral budget, Enterprise investment scheme

Francesca Lagerberg, Head of Tax and Rob Langston, Corporate Tax Director discuss the implications of yesterday’s budget, which is described as a ‘mixed bag’ with some tough times ahead for some individuals and businesses.

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The unfolding story of Budget 2011

Wednesday, March 23, 2011 | Posted by: Fiona Cullinan
Categories: Economy, Tax | Tags: business, links, Grant Thornton, budget, reaction, analysis, social media, George Osborne, comment, news, budget2011

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And now for something a little different. Instead of posting the usual Budget reaction, we’ve created and curated a lively mix of news, social media, videos, graphics and more – plus Grant Thornton’s own Budget comment – all in one quick and easy-to-scan poster site.

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What’s hot (and what’s not) in UK media in 2011?

Friday, March 18, 2011 | Posted by: Fiona Cullinan
Categories: Financing , Media sector | Tags: Grant Thornton, report, data, video, interview, analysis, Richard Eyre, Mark Smith, Sam Groves, David Harries, media, survey, voxpops, Mark Cullen

Want to know where to invest and where to avoid in the UK media sector? We interviewed five media figures to get their thoughts.

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Are you paying too much tax on imports and exports?

Wednesday, March 16, 2011 | Posted by: Gary Woods
Categories: Business advice, Tax | Tags: tax, international, VAT, Gary Woods, cross-border, reduce, trade, EU, exports, goods, supply chain, valuation, imports, Customs, tariff, duty

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With the possibility of high rates of Customs duty and the standard rate of VAT in EU countries around the 20% mark, it’s never been more important to ensure that you are importing and exporting goods in the most tax-efficient way. Here’s what you should be aware of and, perhaps, some unexpected ways to reduce your tax burden.

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Our 2011 Budget predictions for business

Tuesday, March 15, 2011 | Posted by: Francesca Lagerberg
Categories: Tax | Tags: tax, investment, economy, UK, pensions, VAT, budget, tax avoidance, relief, corporation tax, deficit, planning, Office for Tax Simplification, enterprise, predictions, GAAR, Low Value Consignment Relief, fuel duty, enterprise, investment, UK, economy

What changes lie ahead for entrepreneurs and privately held businesses (PHBs) in George Osborne’s Budget next week? Francesca Lagerberg, Grant Thornton’s Head of Tax, makes a few predictions…

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Succession planning – read our five-part series

Tuesday, March 15, 2011 | Posted by: Fiona Cullinan
Categories: Business advice, Thought Leadership | Tags: links, report, advice, corporate finance, wealth, succession planning, wealth management, ownership, transfer, White Paper, exit strategy, selling a business, advisory, successors, series, wealth management, advice, advisory

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What is succession planning? Why is it important to prepare your legacy – and how best can you do that to ensure the future success of your business? Is there a template to follow? Or do you just want some quick tips? These questions and more are answered in our five-part succession planning guide…

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How to find and groom your business successor

Wednesday, March 09, 2011 | Posted by: Fiona Cullinan
Categories: Business advice, Thought Leadership | Tags: report, incentives, corporate finance, skills, succession planning, wealth management, ownership, transfer, White Paper, family, exit strategy, selling a business, training, transition, advisory, successors, screening, compensation, roles

Who to choose? That is the question facing an increasing number of individuals seeking to transfer ownership of a privately held business. Here are some things to think about to help you identify who best to pass the baton on to, ways to incentivise them and how to smooth the transition.

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Corporate social responsibility, Big Society and the bottom line

Wednesday, March 09, 2011 | Posted by: Fiona Cullinan
Categories: Media sector | Tags: business, Alex Connock, success, David Cameron, CSR, enterprise, corporate social responsibility, ethics, dbda, social responsibility, Big Society, moral

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How’s your corporate social life? Responsible? Non-existent? Alex Connock, chief executive of Ten Alps, looks at corporate social responsibility (CSR) and argues that it is becoming intrinsic to business success.

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Happy International Women’s Day – but where have all the women in business gone?

Tuesday, March 08, 2011 | Posted by: Fiona Cullinan
Categories: Women in business | Tags: business, entrepreneurs, statistics, research, women in business, CEO, women, IBR, success, boardroom, board, gender, management, equality, database, international business report, senior management, PHBs

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Today marks the 100th International Women’s Day but it seems there’s still much to strive for when it comes to equality in business, as new Grant Thornton figures reveal the proportion of women in senior management has fallen back to 2004 levels.

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Seven tips for successful succession planning

Monday, March 07, 2011 | Posted by: Fiona Cullinan
Categories: Business advice, Thought Leadership | Tags: report, strategy, tips, advice, guide, succession planning, ownership, transfer, White Paper, exit strategy, selling a business, transition

History is littered with companies, entrepreneurs and business visionaries who failed to pass on the company baton successfully. If you want to ensure the legacy of your business continues on to the next generation, here are a few pieces of advice…

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Succession planning? Follow our template for success

Thursday, March 03, 2011 | Posted by: Fiona Cullinan
Categories: Business advice, Thought Leadership | Tags: report, strategy, guide, succession planning, ownership, transfer, White Paper, exit strategy, selling a business, structure, steps, goals, best practice, template

What are the best practices when planning for succession? Is there a model you can follow? The truth is, there are many different approaches but, in the third part of our series demystifying succession planning, we share the Grant Thornton best practice template for developing the best succession plan.

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My Big Decision: Alan Webber’s defining moment

Thursday, February 24, 2011 | Posted by: Fiona Cullinan
Categories: My big decision | Tags: business, my big decision, podcasts, Alan Webber, indecision

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We celebrate our 10th My Big Decision podcast with a critical moment of indecision. We talk to former Harvard Business Review editor, Rules of Thumb author and business columnist Alan Webber on the weekend many years ago that sealed his fate.

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Why leaving succession planning to the last minute doesn’t pay

Tuesday, February 15, 2011 | Posted by: Fiona Cullinan
Categories: Business advice, Thought Leadership | Tags: tax, report, strategy, talent, guide, succession planning, ownership, transfer, White Paper, exit strategy, selling a business, valuation, structure, steps, legacy, goals

Figures show that 27% of UK businesses are expecting a change of ownership in the next 10 years, according to Grant Thornton 2009 International Business Report (IBR). Preparing ahead for such a major change makes financial and business sense. So why don’t companies do it?

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Succession planning: A step-by-step guide

Thursday, February 10, 2011 | Posted by: Fiona Cullinan
| Tags: tax, report, guide, succession planning, ownership, transfer, White Paper, exit strategy, selling a business, valuation, structure, steps, legacy, goals

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Last month Grant Thornton released ‘Succeeding at Succession’, a report to help privately held business owners plan an effective transfer of ownership without suffering adverse financial or tax consequences. We’ll be posting a series of articles from the report beginning with this step-by-step guide.

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Football Transfer Tracker: what’s the final score?

Tuesday, February 01, 2011 | Posted by: Fiona Cullinan
Categories: Financing , Thought Leadership | Tags: business, statistics, finance, Grant Thornton, UK, insight, football, sport, expenditure, Football Transfer Tracker, tracker, transfers

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Football is serious business. Last night, a late flurry of activity as the transfer window closed saw Premiership clubs paying out a record amount but, worryingly, lower league chairmen were again missing out on the benefit. Here are the final results from Grant Thornton’s Football Transfer Tracker…

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And the QCA 2011 winners are…

Thursday, January 27, 2011 | Posted by: Fiona Cullinan
| Tags: Grant Thornton, awards, Quoted Company Awards, QCA, winner

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Here is Brian Winterflood, president of the Quoted Companies Alliance and founder of Winterflood Securities, receiving his Lifetime Achievement Award. Find out who else won at the Grant Thornton Quoted Company Awards this year.

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Story of the deal: NeutraHealth plc bought by Indian pharma company

Wednesday, January 26, 2011 | Posted by: Fiona Cullinan
Categories: Financing | Tags: M&A, due diligence, corporate finance, acquisitions, Story of the Deal, cross-border, buying a business, subsidiary, buying a company

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Our second case study telling ‘The Story of the Deal’ goes behind the scenes of an international acquisition. What happens when a fast-expanding pharma company from India seeks the buyout of a UK vitamin and food supplement plc? Our

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One year out of recession, it’s mixed fortunes for UK plc

Wednesday, January 26, 2011 | Posted by: Fiona Cullinan
Categories: Economy | Tags: business, recession, economy, finance, UK, retail, GDP, inflation, recovery, Private Equity, BCM, PE Barometer, double dip, Business Confidence Monitor

Today is the first anniversary of the UK economy emerging from recession. But while preliminary data for Q4 2010 estimated a 0.1% rise in GDP, yesterday’s figures showed a surprise contraction – is it a blip caused by bad weather or a sign of the economy stalling amid recent austerity measures?

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Lower valuations to boost UK private equity deals

Tuesday, January 25, 2011 | Posted by: Grant Thornton
Categories: Economy, Financing | Tags: business, media, investment, finance, technology, UK, M&A, debt, financing, Private Equity, PE Barometer, privately held businesses, refinancing, Healthcare, valuation

So says Grant Thornton’s latest Private Equity Barometer. Read on for the key stats from our quarterly survey of more than 100 private equity executives in the UK…

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Booming tech sector creates new investment opportunities

Wednesday, January 19, 2011 | Posted by: Fiona Cullinan
Categories: Financing , Technology sector | Tags: entrepreneurs, capital gains tax, technology, CGT, video, financing, internet, mobile, deal, startups, storage, scale

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Technology is getting exciting again. Oscar Jazdowski, UK Head of Origination for Silicon Valley Bank, reviews the sector that is becoming both essential to and pervasive in modern life.

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