Highlights

High Street lending to SME businesses has fallen

Bank lending to SMEs in the property sector has fallen by 9% in the last year from £13.9bn to £12.7bn, according to commercial lender Ortus Secured Finance.

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The Industrial Revolution... in Accounting

As an audit and assurance partner, based in the Yorkshire region for the top 30 practice Armstrong Watson, I can certainly say that I have seen some significant changes in the profession over the last 25 years.

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Whitakers Chocolates - The Key to Sweet Success!

We recently asked William Whitaker, the Managing Director of Whitakers Chocolates 5 questions about the current issues facing his business. Find out what he said below.

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Have you been asked to move your Bank Account to another bank by Royal Bank of Scotland?

RBS have recently written to their Business Banking clients with a turnover of less than £25 million to find another bank.  These businesses were previously due to transfer to Williams & Glyn.

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How much tax free lump sum can be taken from a pension?

The concept of a pension and the arrangement itself is relatively straightforward in most instances, but the rules surrounding pensions can be very complex.

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Armstrong Watson Celebrates 4 Years of Platinum Partnership

Armstrong Watson are celebrating four years as a Xero Platinum Partner and the first anniversary of their making business digital client conversion project.

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'Having the right people in the business’ is the biggest challenge to Family Businesses

Armstrong Watson have published their 3rd annual Family Business Insight Report, delving into the current issues dominating the agenda for UK Family firms.

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Spotlight on Manufacturing: Is servitisation the future and what is the Internet of Things?

I recently bought a pair of running shoes.  It occurred to me that there was a time when I would have simply wandered around the shop to check that they were comfortable and, if they were, I’d have bought them.

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Latest news

Business Owners and Leaders Forum - Keeping Your Business Relevant: Innovation and Change

Our second in the series of breakfast events took place at Carlisle Racecourse on 14th June with speakers David Brass, Chief Executive of The Lakes Free Range Eggs Company, Professor Malcolm Franklin, Managing Director of AGMA Ltd and Frank Peck, Research Director for Centre for Regional Economic

Expanding Team at our Hexham Office

Armstrong Watson LLP, accountants, business and financial advisors, continue their growth in the North by welcoming Arlene Atkinson to the Hexham team in the role of Audit and Assurance Director.

Making Life Easier for Your Customers: The Value of Customer Satisfaction

Ensuring that your customers' needs are met and that they are satisfied is invaluable for the success of your business. Nick Palmer, Strategic Business Advisor for Armsrong Watson, highlights the need to ask your customers for feedback in order to improve customer satisfaction.

Is the Legal Sector Prepared for the Challenges Ahead?

It's not only the reatil industry feeling the pinch at the moment with recent failures in the sector, but the Legal Sector is feeling the effects of the downturn in spending. The Insolvency Service has confirmed that more than twice the number of firms offering legal services were declared insolvent in the first quarter of 2018, when compared to the same period in 2017. Heather Bamforth, Insolvency Manager, talks through the challenges facing the Legal Sector. 

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