During his budget speech on March 11th, Chancellor Rishi Sunak announced he had cut Entrepreneurs’ Relief from £10m to £1m, amid expectations he would scrap it altogether. Sunak also confirmed the government’s commitment to supporting small businesses and innovation. This includes retaining the VCT and EIS tax incentives, increasing the support for SMEs across the UK’s 38 … Continued
Raindog is the production company founded by Oscar®-winning actor Colin Firth and former Sony Music CEO Ged Doherty, now joined by writer/producer Trish D Chetty Building on the platform of a robust award-winning film track-record, Raindog will expand into TV drama, music content and documentaries The UK Creative Content EIS Fund has invested in Raindog … Continued
Mologic are developing a rapid test for coronavirus The UK government announced funding of £46m to find a coronavirus vaccine and develop a rapid test for the disease. On the back of this, the Prime Minister Boris Johnson visited Mologic’s lab in Bedfordshire, where scientists are using expertise and experience from previous epidemics to create a … Continued
Normal initial fees of 3-5% waived until 3 April 2020 Award-winning Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) specialist, Calculus Capital, is waiving initial fees on its VCT until 3 April. The VCT is aiming to deliver an annual tax-free dividend of 4.5%, as well as capital growth. Calculus also offer a Dividend Reinvestment … Continued
Starling is one of the UK’s leading digital banks and the campaign marks the first piece of work from the brand’s new agency line-up of Wonderhood Studios and media agency Bountiful Cow. In 2018 Starling became the first mobile bank to launch business accounts, with no monthly fees and an in-app marketplace, allowing business owners … Continued
Investments into Enterprise Investment Schemes (EIS) and Venture Capital Trusts (VCT) have been on an upward trajectory for the last decade. The 2018 figures show investments into EIS and VCTs increased to nearly £2bn in EIS qualifying businesses and £731m in VCTs. But which is best suited to a client’s financial situation? Who invests in … Continued
Recently released statistics from the British Film Institute show a record-breaking year in 2019 for Film and high-end TV production in the UK, with £3.6bn being spent, a 16% increase on 2018. The film, TV and music industry were the fastest growing part of the UK economy. Seven of the top 15 highest grossing films … Continued
Food giant Mizkan has announced that Wonderhood Studios will take over its creative account from Mcgarrybowen, focusing on advertising for the firm’s food portfolio. This includes Branston Pickle which is coming up to its 100-year anniversary. Vanni Cataldi, Mizkan’s head of marketing, said: “I was really impressed by Alex [Best, Wonderhood Studios’ chief operating officer] and … Continued
Recently released statistics from the British Film Institute show a record-breaking year in 2019 for Film and high-end TV production in the UK, with £3.6bn being spent, a 16% increase on 2018. The huge international demand for content has made it the fastest growing sector in the UK economy according to Adrian Wootton OBE, the … Continued
Idea management scaleup Wazoku has made two new senior hires, as the company readies itself for further growth in 2020. Kathryn Layland joins as Chief Revenue Officer (CRO) based in Wazoku’s London HQ, while Alex Butucea arrives as Wazoku’s new Director of Software Engineering, in the company’s Bristol office. Layland has held senior global revenue positions with several AdTech solution providers and has experience of growing and scaling SaaS … Continued