Welcome to the latest edition of our newsletter; Stop the Press. 
 
We aim to provide you with the quality advice you need now by supplying an insight on the topical issues facing large companies today.

In this issue

Emergency Budget 2010 – A return to global corporate tax competitiveness?
Is the UK really ‘Open for Business’, as Mr Osborne said? Baker Tilly believes businesses should benefit from a pleasantly positive and fairly balanced budget.

Budget Special – Property sector update
It is unlikely that the property industry will be directly or significantly impacted by this Budget, although there may be indirect consequences in areas such as rent reviews, with financial institutions and retailers potentially using the VAT increase to apply further pressure during rent review negotiations where they are unable to recover or pass on the increase.

Corporate Finance activity – Deals start to return?
The first half of 2010 has seen a marked increase in corporate finance activity. Baker Tilly has had its share of the increased MBO activity and appetite for funding, advising on several deals that have completed recently. In addition to increased MBO activity, a growing number of larger businesses are looking for appropriate acquisitions.

Dilapidations – When time is money
Commercial property dilapidations are frequently hidden costs for property occupiers, hitting the bottom line hard when cash and profit are often scarce.