Bewley Recruitment

28/05/2026

The UK’s Gross Domestic Product (GDP) measures the aggregate economic activity for the country and has an impact on a range of financial issues.

The most recent official data available indicate that the UK economy grew at a faster rate than most analysts expected in February (0.5%).

Analysts have already begun to modify their original estimates of U.K. growth, with the IMF predicting that the U.K. will be one of the advanced economies that will be hit hardest by global growth issues.

For example, the IMF anticipates that U.K. households will continue to be adversely impacted by these changes through continued economic hardships, as well as by continued cuts to all forms of public services.

Read the full article here: https://heyor.ca/i9yL99

The rate of UK economic growth affects things like pay increases and the amount of tax raised.

27/05/2026

With the current extreme weather, please stay safe and avoid swimming in open water. Conditions can change fast, and strong currents, flooding, and cold shock are serious risks. Look after yourself and others. 🌧️🌊

27/05/2026

Many people in Gen Z are feeling pressure to buy a first home as housing becomes more accessible in some areas. However, rushing into such a major financial decision, which for many will only happen once, could lead to long-term financial regret.

Before moving quickly into a purchase, it’s worth thinking through a few key points:

✔️ How much are you comfortable spending on a new home?
✔️ What will your upfront closing costs be?
✔️ What are your total monthly mortgage payments likely to be?
✔️ How much property tax will you need to pay each year?

Renting for a while longer can also be a sensible option, giving you time to build savings and strengthen your financial position before committing to a property purchase.

Read more in this article: https://heyor.ca/XutGBn

26/05/2026

Climate Change Secretary of the United Nations Jay Moller said that the Iran war has accelerated the global transition to renewable energy because nations are working to reduce their dependence on unstable oil and gas markets.

The ongoing violence has resulted in increased disruption and access to renewable technology, such as rooftop solar (in Europe), as well as increased sales of electric vehicles (in Pakistan) and new construction of safer and more stable energy sources.

Conversely, countries that were already having difficulty obtaining sufficient natural gas are turning to highly polluting coal and/or fuel oil as replacement sources for natural gas supplies.

Read more: https://heyor.ca/RyyUvg

The Iran war is "supercharging" the world's shift to renewable energy, as countries scramble to reduce their exposure to volatile oil and ​gas markets, the U.N. climate secretary said on Thursday.

22/05/2026

Get ready for a long weekend! 🌼🇬🇧 – 29th May

The Spring Bank Holiday is almost here — the perfect chance to soak up some sunshine, enjoy a mini getaway, or simply relax with friends and family.

Whether it’s picnics in the park, barbecues, or a stroll in the countryside, it’s a celebration of spring, warmth, and a well-deserved break.

Long weekend vibes, activated! ☀️🍓

21/05/2026

In a draft consultation, the Home Office has indicated that right-to-work checks may soon be expanded beyond their current scope. An updated employer Code of Conduct is expected to apply to employment starting from 1 October 2026.

This change also aligns with the potential commencement of section 48 of the Border, Security, Asylum, and Immigration Act 2025.

If implemented, businesses may need to carry out checks not only on employees, but also on a wider group of individuals. This could include workers, people sourced through online recruitment platforms, and those engaged via subcontracting arrangements.

Read the full article here: https://heyor.ca/WKu81u

The Home Office has issued a consultation on a draft Code of practice for employers on avoiding unlawful discrimination while preventing illegal working.

20/05/2026

While the 2026 Spring Statement was fairly modest in terms of new tax announcements, it still has important implications for taxpayers.

In addition to helping business owners, the new rules will make it more difficult for business owners to pay themselves dividends and sell business assets with capital gains.

Dividend tax rates will increase to 10.75% for base rate taxpayers, 35.75% for higher rate taxpayers and to 18% for CGT on disposal of business-related assets (Business Asset Disposal Relief or Investors' Relief).

Read more in this article: https://heyor.ca/k3jT9B

19/05/2026

There are some positive signs coming through for property conveyancers so far in 2026.

Landmark Information Group’s latest Q1 data shows listing volumes were up 3% compared to the same time last year, which means buyers are seeing a bit more choice on the market.

Mortgage valuations also increased by 6%, though much of that seems to be driven by remortgages rather than new purchases. This suggests many existing homeowners are still adjusting to current rates and market conditions, while first-time buyers are understandably being a little more careful.

Overall, the conveyancing sector seems to be holding steady. Transaction volumes haven’t changed dramatically, but keeping cases moving smoothly and avoiding delays will be key to maintaining momentum as the year goes on.

Read more: https://heyor.ca/OFIgCP

Q1 property trends are encouraging for conveyancers, Landmark report suggests: Residential property data for Q1 of 2026 contains encouraging trends for conveyancers, the latest report from Landmark Information Group suggests. Although

15/05/2026

14/05/2026

Due to increasing stamp duty rates that have limited the ability to flip property, Hamptons estimates that there were fewer properties sold for gain after being purchased fewer than 12 months before in 2025 than we've seen in the last 10 years.

The difference between the sale price and the cost of acquiring a property, including stamp duty and renovation costs, has significantly decreased since the introduction of the 3% and subsequently 5% stamp duty surcharges on second homes.

While this form of property acquisition can create an additional supply of new homes and provide an opportunity for first-time homebuyers to purchase a home in good condition, at present, stamp duty significantly contributes to total gross profit.

Read the full article here: https://heyor.ca/Gsy2dn

This is why you don't hear about flipping any more – Soaring stamp duty means sales to property investors plummet