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We were delighted to welcome clients from across Lancashire to our Autumn Budget Breakfast events, held at Ewood Park, Blackburn Rovers, for our Blackburn clients on 30 October and at The Last Drop Village for our Bolton and Bury clients on 3 November.
With relatively few major announcements from the Government in this year's Budget, our events focused on helping business owners, individuals and families understand the practical implications of the changes announced, while considering the opportunities and challenges they may present in the years ahead.
Guests heard from members of our tax team alongside guest speaker Alex Brandreth, Chief Investment Officer at Luna Investment Management, who provided expert insight into the economic landscape and what businesses should be watching as they plan for the future.
Tax Partner Dominic Ball opened the sessions with an overview of the key Budget announcements and their potential impact on businesses, business owners and individuals. Dominic highlighted several areas where proactive planning could help mitigate future tax costs and ensure businesses remain well-positioned for the years ahead.
Alex Brandreth followed with an engaging economic update, exploring the current state of the UK and global economy. His presentation covered inflation, interest rates, market trends and geopolitical developments, providing valuable context for the Budget measures and the broader environment in which businesses are operating.
Tax Director Stephen Kerrigan discussed proposed changes affecting business sales, company reorganisations and succession planning. His session focused on helping business owners understand the potential impact of future legislative changes and the importance of reviewing long-term strategies.
Tax Director Nadeem Hussain explored the changes affecting savings and property income, while sharing practical planning opportunities for business owners and families looking to manage and preserve wealth efficiently.
Tax Director Fiona Wheeler concluded the events with an overview of inheritance tax developments, including changes affecting pensions, family wealth and succession planning. Fiona highlighted the importance of reviewing existing arrangements to ensure plans remain effective as legislation continues to evolve.
In addition to providing expert analysis of the Budget announcements, both events offered an excellent opportunity for clients to connect with fellow business leaders and professionals from across the region.
Thank you to everyone who attended. We hope the sessions provided valuable insight into this year's Budget and look forward to supporting our clients as they navigate the changes ahead.
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