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corporate
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Acuity advises Business Systems (U.K) Limited and its shareholders on private equity investment

Acuity advises Business Systems (U.K) Limited and its shareholders on private equity investment Acuity Law is pleased to have advised Business Systems (U.K) Limited (BSL) and its shareholders in connection with an investment by private equity house August Equity. Established in 1987 by Richard Mill and Stephen Thurston, BSL specialises in providing mission critical Enterprise...
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Force Majeure and Frustration: The Impact of Covid-19

Force Majeure and Frustration: The Impact of Covid-19 Key Contact: Jared Ursell Author: Joe Smith The impact of Covid-19 has had a significant impact not only on businesses themselves, but their ability to perform certain contracts, especially as different lockdown regimes have been introduced across different parts of the UK. Disputes can arise as a result; for...
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COVID-19 Support: New Support Announced for Businesses in Wales

COVID-19 Support: New Support Announced for Businesses in Wales Key Contact: Christian Farrow Author: Chris Doherty The Welsh Government has announced two new schemes which will offer a total of £140 million in grants to support Welsh businesses impacted by the Coronavirus pandemic. The new schemes have been introduced following a series of “local lockdowns”...
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Green Homes Grant Scheme Announced

Green Homes Grant Scheme Announced Key Contact: Christian Farrow Author: Chris Doherty As part of the summer economic update, the Chancellor of the Exchequer has announced a new £2bn Green Homes Grant Scheme (the Scheme), which will be available to homeowners in England from September 2020. Under the Scheme, landlords and owner-occupiers will be able...
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‘Recovery Roundtables’ Launched for Economic Bounce-Back

‘Recovery Roundtables’ Launched for Economic Bounce-Back Key Contact: Natalie Jones Author: Joe Smith On 8 June 2020, the Government announced that a number of working groups have been launched this week in the hope of providing a strategy for the bounce-back of business and economic growth. The Business Secretary Alok Sharma, who is responsible for heading these...
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Government working on large business bailout plan

Government working on large business bailout plan Key Contact: Christian Farrow Author: Chris Doherty The Chancellor of the Exchequer Rishi Sunak is developing a bailout package to protect key British firms from going bust due to the COVID-19 outbreak. The so-called “Project Birch” will be targeted towards “viable businesses which have exhausted all options” whose collapse would...
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Borrowing limit to be increased for the Coronavirus Large Business Interruption Loan Scheme

Borrowing limit to be increased for the Coronavirus Large Business Interruption Loan Scheme Key Contact: Christian Farrow Author: Chris Doherty The Government has announced proposals to extend the Coronavirus Large Business Interruption Loan Scheme (CLBILS) by raising the borrowing limit. Currently, eligible businesses with turnover of more than £45 million per year can apply for up to...
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Changes to the Circular Economy Fund (Wales)

Changes to the Circular Economy Fund (Wales) Key Contact: Christian Farrow Author: Chris Doherty Waste and Resources Action Programme Cymru (WRAP) has announced changes to its £6.5 million Circular Economy Fund. WRAP has extended the scope of its funding beyond funding the use of recycled materials in products, so that it will now be available to “organisations...
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BREAKING NEWS: Furlough Scheme extended by four months

BREAKING NEWS: Furlough Scheme extended by four months Key Contact: Christian Farrow Author: Chris Doherty This afternoon, the Chancellor of the Exchequer Rishi Sunak confirmed that the Coronavirus Job Retention (“Furlough”) Scheme will be extended to October. Employees unable to work due to the impact of the Coronavirus outbreak will continue to receive 80% of their monthly...
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Lockdown restrictions to ease in England

Lockdown restrictions to ease in England Key Contact: Christian Farrow Author: Chris Doherty The Prime Minister Boris Johnson provided an update on Sunday evening on the Government’s proposed changes to lockdown restrictions in England, the first small steps towards reopening the nation after nearly two months of lockdown. The Government’s new message to people in England, “stay...
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