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Edinburgh in Top 5 Tech Hubs for VC Investment

Alongside recent positive announcements around the easing of lockdown measures in Scotland, some more good news was received gladly received by the Tech startup and high-growth community in Edinburgh in the shape of the annual Tech Nation report

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77 Hits

UK Budget Announcement – Future Fund: Breakthrough and the Recovery Loan Scheme

In his recent Budget, Chancellor Rishi Sunak announced that the Government will be launching a successor to the successful Future Fund scheme and will be replacing the Coronavirus Business Interruption Loan Scheme (CBILS), the Coronavirus Large Business Interruption Loan Scheme (CLBILS) and the Bounce Back Loan Scheme (BBLS) – which are all due to end on 31 March 2021 – with a new Recovery Loan Scheme. Both schemes will cultivate innovation, investment and growth throughout the UK economy.

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  236 Hits
236 Hits

Regulating the unregulated: Money Laundering regulation for UK Cryptoassets

In our August 2020 blog (Cryptocurrencies/cryptoassets in the United Kingdom), we discussed the UK’s ‘watch and learn’ approach towards regulation of cryptoassets. We now have an important update to that discussion, whereby the UK regulatory landscape has shifted, and businesses dealing with cryptoassets must beware of the new regulations that will directly apply to them.

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  153 Hits
153 Hits

UK Supreme Court finds in favour of policyholders in FCA business interruption insurance test case

The UK Supreme Court has found in favour of policyholders in the Financial Conduct Authority’s test case on business interruption insurance cover for COVID-19 related losses. It is thought by the FCA that the decision will affect 370,000 policyholders and it is estimated that the judgment will result in approximately £1.8bn being paid out to businesses in Coronavirus-related claims.

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  211 Hits
211 Hits

What’s next for furlough and support for the self-employed?

With the current deadline for furlough and SEISS looming, we provide some thoughts about what the Government might do next.

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  166 Hits
166 Hits

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