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Private banking group hires CEO of European platform, as wealth firm names MD of investment management

It has been a turbulent time for the retail sector, and Amanda Wakeley was the latest to join the long list of casualties falling into administration. The

Source: Shutterstock/ Netfalls Remy Musser Indeed, most tax benefits that derived from having non-resident status have now been eliminated and with the new surcharge for SDLT of 2% from 1 April this year, it may well tip the balance so that it’s more beneficial to be onshore. Prior to 2015, non-residents that sold UK property attracted virtually no CGT, so it was very attractive to set up funds offshore. But from April 2015, non-residents were required to pay NRCGT on direct disposal of UK residential property. Then, on 6 April 2019, all types of UK property and land became subject to NRCGT...

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The British luxury fashion designer Amanda Wakeley's company, AW Retail, has entered administration. Smith & Williamson LLP has been appointed as the joint administrator for...