On 15 November 2021, the government published new National Security and Investment Act 2021 (NSIA 2021) guidance on notifiable acquisitions and updated guidance on what to expect when an acquisition is being reviewed and assessed.

Following the UK’s departure from the EU on 31 January 2020 the UK-EU Withdrawal Act (EUWA) provided for a transition period (which ended on 31st December 2020) during which the UK’s listing regime remained unchanged.

A year and more on from the UK’s first lockdown, business continues to adapt to the impact of the COVID-19 pandemic. As we move into the second half of 2021 this update reviews briefly the prospects and challenges for the sector.

The UK National Security and Investment Act 2021 (the Act) received Royal Assent on 29th April and is anticipated to become law later this year. The Act introduces a new standalone regime in the UK for the review of transactions and investments on national security grounds (NSI Regime).

The Trade and Co-operation Agreement has been described universally as “thin” and it is clear that the EU and UK are likely to be in negotiations of some description for years to come. We look at its impact on business and the areas where negotiations will be ongoing.

COVID restrictions resulted in significant financial losses leading to insurance claims under business interruption (BI) insurance policies. The majority of claims were rejected primarily on the basis of policy wording. This article reviews the recent Supreme Court judgment handed down in respect of the test case on BI insurance claims.