View in browser

In this issue

•

UK AI Opportunities Action Plan: opportunities and risks for AI investors

•

Share Incentives: now is a good time to consider incentivising your staff

•

Family investment companies: definitely worth a second look

•

Have you received a claim form? Keep calm and seek advice promptly

•

How to create an effective whistleblowing policy

•

The Employment Rights Bill: will there be any substantial changes to flexible working?

•

Illegal workers raids surge: how businesses can protect their reputation and avoid fines

•

UK Merger Control: new Jurisdictional Thresholds from 1 January 2025

 
 

Welcome to the January 2025 edition of Business Law Today.

 

As we move into 2025, it is clear that a period of uncertainty awaits. The declining domestic economic situation, global conflicts and the change in the US political landscape all pose their own individual challenges. That said, there are opportunities, and our article on the AI Opportunities Action Plan explores the Government’s ambition to turbocharge AI, looking at the opportunities and risks involved for investors.

From an employment perspective, it's likely the Employment Rights Bill (ERB) will be passed this year, though many of the changes will be subject to consultations and probably won't come into force until 2026. We know that the changes to unfair dismissal – probably the most significant reform in the ERB – won't take effect until at least Autumn 2026. Costs to employers will rise this year in light of the significant increases to National Minimum Wage & National Living Wage, as well as increases to employer National Insurance contributions, coming into effect in April 2025. These costs, plus the additional expense likely to be associated with the ERB reforms, will no doubt impact businesses and some employers may be forced to reassess priorities.

 

There is certainly a lot of change on the horizon this year and we hope the articles in this edition help you keep abreast of developments.

 

If there is a topic you are particularly keen to hear about, please get in touch via the link at the bottom of the email.

 

James Baker

 
 
UK AI Opportunities Action Plan: opportunities and risks for AI investors

Anne Todd

 

Read more

 
Share Incentives: now is a good time to consider incentivising your staff

Cathy Bryant and Anthony Reeves

 

Read more

 
Family investment companies: definitely worth a second look

Cathy Bryant, Iwan Williams and Chris Smedley

 

Read more

 
Have you received a claim form? Keep calm and seek advice promptly

Nick Roberts and Hannah Tucker

 

Read more

 
How to create an effective whistleblowing policy

James Baker

 

 

Read more

 
The Employment Rights Bill: will there be any substantial changes to flexible working?

Robert Forsyth and Hannah Meehan

 

Read more

 
Illegal workers raids surge: how businesses can protect their reputation and avoid fines

Lynsey Blyth and Lauren Tandy

 

Read more

 
UK Merger Control: new Jurisdictional Thresholds from 1 January 2025

Noel Beale

 

Read more

 

Upcoming events

We hope to see you there

 
 

MAINstream Cheltenham Pitch Event

Cheltenham

 

Date: Wednesday 26 February

 

Our next pitch event will be taking place at Malmaison Cheltenham. 

 

Following the success of MAINstream South West, we are delighted to launch in Cheltenham. MAINstream seeks to connect high-growth companies with investors that are local to them, with the aim to help to drive growth in the region. 

 

Find out more

   

Bristol Cycle Club - Velodrome

Bristol

 

 

Date: Friday 28 February

 

The Michelmores Cycle Club was established to provide inclusive, friendly and safe networking opportunities for like-minded bike enthusiasts.

 

The Cycle Club meets once a month in Exeter and Bristol. London will be hosting a few cycle & run events throughout the year (dates TBC).

.

.

Find out more

   

Michelmores Property Awards 2025

Exeter

 

Date: Wednesday 2 July 

 

Submissions for the Michelmores Property Awards 2025 are now open and close 21 February!

 

The Awards celebrate the best property, development and construction projects in the South West, with a focus on sustainability, innovation, social, environmental, and economic values.

.

.

.Find out more

 
 

What's keeping you up at night?

This is your chance to help shape future editions of Business Law Today.

 

Click one or more of the areas that are most important you...

 

Regulatory investigations

 

 

Vote now

 

Sustainable economy

 

 

Vote now

 

Post-termination employment restrictions

 

Vote now

 

If there are other areas you'd be interested in reading about, which are not listed above, please let us know here. 

 
Michelmores

Preferences | Forward | Unsubscribe

 

Michelmores LLP is a Limited Liability Partnership, authorised and regulated by the Solicitors Regulation Authority (SRA authorisation number 463401) and registered in England and Wales under Partnership No. OC326242. The registered office is Woodwater House, Pynes Hill, Exeter, EX2 5WR. To view our privacy policy please click here.

LinkedIn   |   Facebook   |   Instagram