Corporate & Commercial

On 20 May 2020, the Government introduced the Corporate Insolvency and Governance Bill (Bill) in Parliament, which, through the amendment of certain insolvency and company laws, will implement measures to support businesses through the challenges that COVID-19 has inflicted. The Bill is expected to go through an expedited parliamentary process and become law in the […]

Enterprise Management Incentives (EMI) share schemes are tax-advantageous schemes used by qualifying companies to incentivise and retain key employees. As Covid-19 and future economic uncertainty result in a significant drop in turnover for many businesses, companies will continue to face difficult decisions around retaining staff. Is this the right time to consider implementing an EMI […]

Company directors will have taken some comfort from the recent Government announcement that wrongful trading provisions of the Insolvency Act 1986 (IA 1986) will be relaxed. However, the details of exactly how the laws will be relaxed are not yet clear, and directors still need to be mindful of their duties under the Companies Act […]

There is no denying that the Government enforced business closures and significant decrease in footfall and spending, as a result of the Government #StayHome initiative, have adversely impacted most sectors within the UK economy. This downward trend has been mirrored across the globe and reflected in the markets. Our blogs over the last couple of […]

Like most countries, the UK has been significantly impacted over the last couple of weeks and continues to face unprecedented challenges.  Here is our summary of five key areas to address when continuity planning for your business. Look after your employees With the current Government guidance requiring everyone to work from home, except where it […]

On Wednesday 11 March 2020, the COVID-19 outbreak was elevated to “pandemic” status by the World Health Organisation (WHO). This was then followed by the announcement of Rishi Sunak’s budget for 2020, which included a number of policies aimed at helping businesses navigate through the rising panic, and which has been coined “The Coronavirus Budget”. […]

With Number 10 and the Treasury now aligned more closely since Sajid Javid’s departure, Budget 2020 was meant to be new Chancellor Rishi Sunak’s chance to set out Boris Johnson’s economic vision for the country. The consolidation of the Conservatives’ new position of strength in the North was a key goal. However, this budget will […]

In Part 1 of this series we made the introduction to Brexit and the law, providing an assessment (as far as we can), as to how 2020 may pan out. In this blog, we will look at best practice in assessing where your business stands in preparation for Brexit, along with suggestions on how to […]

This series of blogs aims to assist you following the UK’s proposed exit from the European Union (EU) on 31 January 2020. The aim is to help you consider how you can prepare your business agreements and commercial contracts for the changes that will happen during the post-Brexit transition. How can you prepare and what […]

When George Osbourne first coined the term Northern Powerhouse in 2014, he purposefully drew on terminology and imagery from the Industrial Revolution, which was powered by the North of England and transformed large parts of the world from slow agrarian societies to fast-paced technology driven urban centres where constant progress was the only aim. However, […]