Business & Legislation

“Today’s announcement from the Bank of England cutting the interest rate from 5.25% to 5% is positive news for our members at the Independent Garage Association and the sector as a whole. This rate cut may help reduce borrowing costs and improve cash flow for independent garage owners, potentially making it easier for them to invest in […]

The Independent Garage Association (IGA) has responded to today’s King’s Speech. The speech outlined the government’s legislative programme, focusing on security, fairness, and opportunity for all, with measures to boost economic growth, improve corporate governance, and enhance employment rights. Stuart James, CEO of the Independent Garage Association, said: “We welcome the government’s focus on economic […]

Do you ever wonder how big economic changes impact your business? Let’s talk about something that’s been making headlines lately: the dropping inflation rate. While it might sound like a boring financial term, this is actually great news for your independent garage. Here’s why a lower inflation rate is a win for you. Cheaper Supplies […]

The Allianz Risk Barometer is an annual global report identifying the top corporate risks for the year ahead. It’s based on the insight of over 3,000 risk management experts from 92 countries and territories including CEOs, risk managers, brokers and insurance experts and is being published for the 13th time. We take a closer look […]

What is a payment in lieu of notice? “Unfortunately I am having to consider a number of redundancies. If I terminate an employee (or they resign) and I want to make a payment in lieu of notice instead of them working their notice period, do I still record their last working day as the date […]

The Qualifying Time Period for Unfair Dismissal: Practical Implications The amount of ‘continuous employment’ needed to qualify for the right to not be unfairly dismissed has often been one of the first elements of employment law which an incoming government changes upon being re-elected. Those familiar with employment law will recognise the somewhat predictable historical […]

The Employment Relations (Flexible Working) Act 2023 The Employment Relations (Flexible Working) Act 2023 has successfully passed through Parliament. As its title suggests, there are several things it changes in the current flexible working regime. Current position As the law stands, employees can make a request for ‘flexible working’, such as flexitime, part-time, job sharing, […]