Lawyer-written opinions and insights on the latest in the legal sector, along with what else is happening in the world and how these topics may impact your business.

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Hot off the press! Further extension of winding-up moratorium

25 Mar 2021
As foreshadowed by the Draft Corporate Insolvency and Governance Act 2020 (Coronavirus) (Change of Expiry Date) Regulations 2021 the relevant period for temporary reliefs under the Corporate Insolvency and Governance Act 2020 has been extended to 30 June 2021. Most notably, this will mean that the current suspension of personal liability for wrongful trading and the restrictions on use of statutory demands and winding up petitions will remain in place until that date.

Spring Budget 2021 – pensions changes

03 Mar 2021
n today's Budget, the Chancellor has announced that the lifetime allowance (LTA) for pension savings is being frozen at its current level of £1,073,100 until April 2026. This marks a change from recent years, when the LTA has increased in line with inflation since it was re-set to £1m in 2016/17.

Freeports will be a vital boost towards the UK's post COVID-19 economic and social recovery

03 Mar 2021
We are highly supportive of the government's Freeport initiative and the Chancellor's announcements today in relation to the creation of eight new style Freeports across the UK. The decision shows a real willingness to take concrete steps along the long road to levelling up the country. It will provide a vital boost towards the regeneration of parts of the country which need it most and also support their post COVID-19 economic and social recovery.

Government funding for unsafe cladding - who really foots the bill?

11 Feb 2021
The discussion around building safety, and particularly the replacement of combustible cladding, continues to dominate the headlines for the construction sector. Yesterday's announcement by the government comes against a backdrop of increasing pressure to improve its existing funding arrangements, which were launched to deal with unsafe cladding in the wake of the Grenfell tragedy.
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Steps to rebuild construction recruitment plans for 2021

21 Jan 2021
The construction industry was quick to adapt and carry on working in 2020, but it continues to struggle with labour levels. And this is a problem that’s not going away any time soon as, due to Brexit and the new immigration system now in place, we are likely to see a reduction in the number of available EU national workers – workers which the industry has traditionally relied upon.