Law reform this year will affect all UK businesses to varying degrees: changes to Companies House's role, from passive registry to proactive regulator, are expected at the beginning of March. HM Treasury's reforms to the UK's financial promotion regime, which took effect on 31 January 2024, will need to be considered when fundraising. For quoted companies, there have been changes to the two main corporate governance codes: the UK Corporate Governance Code (for main market listed companies) and the QCA Corporate Governance Code for smaller caps and companies admitted to AIM.
In the first of our "families in business" series, we consider when the right time is to transition to a family business. We also provide 9 top legal tips for start-up and early stage businesses in the beauty sector. If you would like to join our "Disputes Nightmares" webinar on 27 February, which will provide practical tips and insights for when a key trading partner is in financial distress or goes bust, please click here.
Finally, our 2023 Risk Readiness Report, which surveyed more than 500 founders of businesses, was featured in a Forbes contribution by The Entrepreneurs Network founder Philip Salter at the end of last year. The report throws up some fascinating insights into the minds of those at the heart of the innovation economy.