Veyo loss hits £11.4m, accounts reveal (LF)

The Law Society’s failed conveyancing portal Veyo recorded a loss of £11.4m in its last financial year, with rival product Free2Convey the cause of its demise, according to newly published annual accounts.

VAT on CON29 searches to be delayed again (TC)

The addition of VAT to local authority searches has been deferred for a second time. VAT was set to be applied to CON29 searches from 4th July, but the decision has been taken by HMRC to delay implementation again.