Negotiating a contract can be a challenge, and more so in these uncertain times. If you are a customer in the midst of negotiating an agreement for goods or services and are concerned about protecting your business and securing the supply chain, this article should be of interest to you. In this article, we consider some of the key terms you may want to think about when discussing a contract for supply of goods and/or services in the current climate, and included suggestions which may help you achieve robust and flexible supply terms.
When you launch a prize draw or competition (whether this is on your website, via social media or by any other means), how much thought goes into the terms that apply or the laws governing these promotions? Do you check the finer details or are you focused more on the opportunity to increase sales or gain a greater marketing list by your latest in-store promotion? The rules surrounding competitions can often be forgotten about, but a recent ruling by the UK's advertising watchdog reminds us how important they are
The UK has formally ceased to be a member of the EU. We now have a transition period, until 31 December 2020, during which the UK will adhere to existing EU Rules including the EU Competition Rules. Businesses need to be aware that the "EU One Stop Shop" for transactions which fall under the EU Merger Regulation, will cease to apply to the UK at the end of the transition period, meaning that qualifying transactions may be scrutinised both by the EU Commission and by the Mergers Branch of the UK Competition and Markets Authority (CMA).
Ahead of publishing their formal manifesto the Conservatives have pledged to increase the business rates discount afforded to small retailers to 50%, up from the current 33% reduction. They estimate that this will lead to an average saving of £1,400 per business. The British Retail Consortium have been critical of these plans stating that they do not go far enough in aiding the high street to ward off the competition faced by online retailers.
Parliament must be dissolved 25 working days before polling day, meaning that Parliament will be dissolved on Wednesday 6 November 2019. The pre-election period before general elections is not regulated by statute, but governed by conventions based largely on the Civil Service Code.
Who owns the intellectual property rights ("IPR") when an employee comes up with an innovative idea or product? Does the answer differ if the work is carried during working hours or during the employee's own time, outside of work?