Category B meaning

This checklist sets out what a company listed in the equity shares (commercial companies) category must announce to a regulatory information service (RIS) in relation to a significant transaction under UKLR 7.3 of the UK Listing Rules. Under the UKLR, a significant transaction is one where any percentage ratio reaches 25% or more. Initial disclosure requirements—UKLR 7.3.1R The following must be notified to a RIS as soon as the terms of a significant transaction are agreed: UKLR 7.3.1R (2)(a): A statement setting out why the transaction is notifiable under UKLR 7. UKLR 7.2.13G (4): If the notice concerns aggregated transactions, an explanation of the basis for aggregation, with reference to whether UKLR 7.2.11R (1)(a), (1)(b) or (1)(c) applies. UKLR 7.3.1R (2)(b): A summary of the transaction and the company’s rationale for undertaking it, including the items below. UKLR 7 Annex 2, 1.1 R (1): Full particulars of the transaction, including the name of the counterparty. UKLR 7 Annex 2, 1.1 R...

In this issue: Autumn Budget 2025 Building safety Procurement in construction Contract law for construction lawyers Environmental issues Infrastructure projects Litigation Experts in construction disputes Construction industry news Daily and weekly news alerts New and updated content Construction trackers Autumn Budget 2025 Budget 2025—key Construction announcements In the Autumn Budget 2025, presented on 26 November 2025, the Chancellor of the Exchequer, the Rt Hon Rachel Reeves MP, unveiled an investment programme focused on ‘rebuilding Britain’ by delivering new housing, upgrading infrastructure and expanding clean energy. The Budget underlined the government’s objectives on boosting housing supply, overhauling planning, accelerating economic growth and driving regional regeneration. See: LNB News 26/11/2025 56. Pick Everard publishes report on construction sector outlook for 2026 Pick Everard has released its Pre-Autumn Budget Construction Market Insight report, sharing detailed results from a survey of 200 industry figures that assessed confidence and forecasts for 2026 across the...

In this issue: COP30 Key developments and materials Air emissions and climate change Contamination and pollution Energy efficiency and buildings Energy efficiency of products Energy for environmental lawyers Environmental enforcement and prosecutions Environmental information Environmental permits and consents ESG and sustainability Nature, biodiversity and habitat conservation Water, flooding and drainage Daily and weekly news alerts New and updated content COP30 COP30’s Global ‘Collective Effort’—Fragments of progress Environment analysis: By the Saturday morning after the 30th Conference of the Parties to the UN Framework Convention on Climate Change (COP30) in Brazil should have wrapped up, the parties finally struck an accord. It is to be called the ‘Global Mutirão: Uniting humanity in a global mobilisation against climate change’. ‘Global Mutirão’, taken from the Tupi-Guarani tongue, signalled a COP framed as one of delivery and action. The outcome was a pact that, with intent, kept the multilateral machinery going and...

In this issue: Budget 2025 Cross border criminal investigations Decision to prosecute and alternatives to prosecution Criminal procedure and evidence Bribery, corruption, sanctions and export controls Environmental offences Food safety and hygiene offences Fraud, forgery, tax and theft offences Health and safety and corporate manslaughter offences Money laundering International Daily and weekly news alerts New and updated content Dates for your diary Trackers Useful information Budget 2025 Budget 2025—key criminal justice announcements On 26 November 2025, during Budget 2025, the Chancellor of the Exchequer, Rt Hon Rachel Reeves MP, set out a suite of reforms notably affecting policing, enforcement, economic crime, regulatory regimes, sentencing, the prison estate and national security. See: LNB News 26/11/2025 53. Cross border criminal investigations Extradition Act 2003 (Amendment to Designations) Order 2025 SI 2025/1195: This instrument amends the Extradition Act 2003 (Designation of Part 2 Territories) Order 2003, SI 2003/3334,...

Category Whose income?...

ARCHIVED : This Practice Note has been archived and is not maintained. STOP PRESS : This Practice Note is archived and no longer updated. As of 28 March 2023, the disclosable arrangements (DAC 6) regime was superseded by the Mandatory Disclosure Rules (MDR). The DAC 6 legislation and accompanying HMRC guidance have been withdrawn. As outlined here, the scope of the UK’s disclosure rules was materially narrowed from IP completion day (11 pm on 31 December 2020). The residual disclosure obligations were then wholly replaced on 28 March 2023 by new rules implementing the OECD MDR, as set out in The International Tax Enforcement (Disclosable Arrangements) Regulations 2023, SI 2023/38 (the MDR regulations). Although the DAC 6 Regulations, SI 2020/25, were revoked with effect from 28 March 2023, they continue to apply to arrangements entered into before that date. An arrangement put in place immediately before 28 March 2023 does not fall between the two regimes — it remains reportable under the DAC 6 rules in SI 2020/25, and...

The Financial Services Compensation Scheme (FSCS) operates distinct regimes for deposit claims, non‑deposit claims, and insurance policyholder protection. The Prudential Regulation Authority (PRA) sets the rules that apply to claims relating to deposits and the provision of insurance, whereas the Financial Conduct Authority (FCA) is responsible for all other forms of FSCS‑covered financial activity. The relevant rules are located in the Compensation (COMP) sourcebook within the FCA Handbook, and in the Depositor Protection and Policyholder Protection parts of the PRA Rulebook. From 3 July 2015, both (a) Chapters 9 to 12 of COMP and (b) specified chapters of the PRA Rulebook have addressed the practical aspects involved in calculating and paying compensation, once the qualifying conditions have been satisfied and the FSCS has decided that compensation is payable. There are limits on the amount of compensation that can be paid, which depend on the category of claim and are set out below, and there are also time limits within which the FSCS must make payment in full...

A: Introduction Date of monitoring review Person carrying out the review B: Consolidated data Periods: last [insert period] and last 12 months Suspected Accounts Rules breaches reported to the COFA Total breaches (serious and non‑serious) Serious breaches Reported to the SRA; if not same as “serious”, explain C: Data by compliance breach category Client money: non‑permitted use Client money: paid into office account Client money: wrongly withheld from client account Client account: incorrect withdrawal Client money: delay paying in Client money: not paid to client promptly/at all Client account: incorrect receipt Client account: other breach Interest policy breach Accounting records: office account Accounting records: client account Cheque/Bacs: incorrect signatory Bill of costs: miscalculation Accountant’s report Office account breach Other D: Conclusions from monitoring review Breach register current? Yes/No; if...

A. All routes: information available from all applicants’ passports Questions Notes Responses Given name(s) exactly as shown on your passport Surname(s) as recorded on your passport If you are not the principal applicant, state your relationship to them Date of birth (DD/MM/YYYY) precisely as on your passport Gender Birthplace (city/town/province/state) Country of birth Nationality as shown on your passport If you hold multiple nationalities, confirm the nationality of the passport you will use to travel to the UK Current passport number Current passport date of issue Current passport date of expiry Current passport place of issue (typically shown on the biodata/photo page) Current passport issuing authority (typically shown on the biodata/photo page) Your permanent country of residence B. All routes: questions for main applicant and each dependant Questions Notes Responses YOUR IMMIGRATION STATUS WHERE YOU ARE APPLYING If you are not a national of the country...

A: General information Date the monitoring review occurred Individual who completed the monitoring review B: Consolidated data Criteria covering the past 12 months Number of suspected Accounts Rules compliance breaches reported internally to the COFA Number of confirmed Accounts Rules compliance breaches (serious and non‑serious) Number of serious Accounts Rules compliance breaches Number of Accounts Rules compliance breaches reported to the SRA If this differs from the ‘Number of serious compliance breaches’, explain why C: Data by compliance breach category Category of compliance breach during the last 12 months A: Client funds applied for a non‑permitted purpose B: Client funds paid into the office account C: Client funds wrongly withheld from the client account D: Incorrect withdrawal from the client account E: Delay in paying in client funds F: Client funds not paid to the client G: Incorrect monies paid into the...

The issue here is between ‘a claim for personal injuries’, and ‘a claim in negligence or in battery’ This distinction confuses the category of harm (and the relief for it) with the juridical basis of liability. ‘Personal injury’ is not a tort at all—it is a type of harm flowing from a tort, which in turn generates a legal entitlement to redress. It must be differentiated from other forms of physical harm—for example, loss to property—and from other tortious invasions of personal rights (for instance, the reputational harm occasioned by the tort of defamation). The former labels damage; the latter names the actionable wrong...

Worker categories For leave years commencing before 1 April 2024 there was only one worker category for holiday entitlement and pay purposes, which we describe as ‘regular’ workers. For leave years beginning on or after 1 April 2024, a new way of working out holiday entitlement and pay was introduced, but it applies only to individuals who fall within the newly established ‘part-year’ or ‘irregular hours’ categories. For anyone who does not sit within those categories, the previous method of calculating holiday entitlement and pay continues to apply. For fuller detail on what counts as a part-year worker under the Working Time Regulations 1998 (WTR 1998), SI 1998/1833, regs 2(1) and 15F(1)(b), refer to the ‘Part-year worker’ section of Practice Note: Statutory paid holiday—irregular hours workers and part-year workers. See also the government guidance: Holiday pay and entitlement reforms from 1 January 2024. In light of the question asked, the text below proceeds on the basis that the worker is within the ‘regular’ worker category rather than meeting the...