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In this issue

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Spring Statement 2025: what it means for businesses and a recap on upcoming tax changes 

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Top tips for dealing with post-termination restrictions during recruitment

•

Navigating the legal risks as a business using Artificial Intelligence

•

Right to work checks: how UK businesses can avoid costly mistakes

•

Changes to data protection law introduced by the Data (Use and Access) Bill

•

The Employment Rights Bill: what's next after the latest round of amendments?

•

Outsourcing in the financial services sector - opportunities but with challenges for suppliers and customers alike

•

Guide to employee share incentivisation

•

Government launches consultation on mandatory disability and ethnicity pay gap reporting

•

Navigating change: a Transition Plan for Companies House under the Economic Crime and Corporate Transparency Act 2023 (ECCTA)

 
 

Welcome to the March 2025 edition of Business Law Today

 

Businesses are owned by, and employ, working people. The Spring Statement has not done anything to alleviate the pressures felt by working people. Growth is downgraded for this year with growth expected in only small increments in the following years, productivity remains low and inflation will average 3.2% this year.

Within this milieu, businesses are also preparing for higher employment costs from next month, when increases to National Insurance Contributions and National Minimum Wage & National Living Wage come into force. However, there are strategies that business owners and employers can implement to help them retain and attract talent, protect their own investments and act to secure value for future generations.

 

Investment cash is also starting to flow from the Government into infrastructure spending (defence, housing, third runway at Heathrow) which must necessarily provide opportunities for businesses in these sectors and their supply chains. We are also starting to see the Government looking at policy levers such as venture capital tax reliefs and share incentive schemes to see how these can be used to incentivise businesses to start up in the UK.

 

There is not a huge amount of positivity out there at the moment, and this does feel like a moment to keep our heads down and weather the storm. But there are opportunities, some of which we explore in our Spring Statement article below, and it must be worth continuing to scan for them, however hard you have to look to find them.

 

In this edition, we have a great mix of articles from our Commercial, Corporate, Corporate Tax, Employment and Immigration teams, so there is bound to be something to pique your interest. If there's a particular topic you'd like to hear more about, please use the voting buttons below to let us know.

 

Cathy Bryant

 
 
Spring Statement 2025: what it means for businesses and a recap on upcoming tax changes 

Cathy Bryant

 

Read more

 
Top tips for dealing with post-termination restrictions during recruitment

Robert Forsyth

 

Read more

 
Navigating the legal risks as a business using Artificial Intelligence

Moya Smith and David Thompson

 

Read more

 
Right to work checks: how UK businesses can avoid costly mistakes

Lynsey Blyth

 

Read more

 
Changes to data protection law introduced by the Data (Use and Access) Bill

Anne Todd and Moya Smith

 

Read more

 
The Employment Rights Bill: what's next after the latest round of amendments?

Robert Forsyth

 

Read more

 
Outsourcing in the financial services sector - opportunities but with challenges for suppliers and customers alike

Tom Torkar and Sam Kewellhampton

 

Read more

 
Guide to employee share incentivisation

 

 

 

 

Read more

 
Government launches consultation on mandatory disability and ethnicity pay gap reporting

Lynsey Blyth

 

 

 

Read more

 
Navigating change: a Transition Plan for Companies House under the Economic Crime and Corporate Transparency Act 2023 (ECCTA)

Caroline Bamford, Sarah Paice and Niyoosha Mossadegh

 

Read more

 

Upcoming events

We hope to see you there

 
 

MAINstream Female Founders Pitch Event

Bristol

 

Date: Wednesday 7 May

 

We are delighted to announce the return of our annual MAINstream Female Founders event on Wednesday 7 May.

 

Following the success of our 2024 event, we will be returning to Bristol in May and welcoming applications from businesses with female only founders.

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Find out more

   

Employment Law Insights Webinar: 

Virtual event

 

 

Date: Wednesday 14 May

 

We are excited to invite you to our upcoming webinar, where we will delve into critical updates and changes in employment law that are essential for your business.

 

This one hour session will cover the Employment Rights Bill, apprenticeships, flexible working and discrimination. 

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Find out more

   

MAINstream Cheltenham Pitch Event

Cheltenham

 

Date: Wednesday 4 June

 

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

 

Following the success of MAINstream South West, we have launched 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

 
 

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...

 

Debt restructuring

 

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Impact investing

 

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Data protection

 

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

 
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