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United Kingdom
United Kingdom
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Long-term definition What does Long-term mean? Long-term describes obligations, assets or investments extending beyond the short‑term horizon; the precise threshold depends on context and governing standards used in legal practice and finance. In the Eurobond market, it commonly refers to securities with an initial maturity of more than seven years. Under accounting standards (IFRS and UK/Irish GAAP), amounts due or receivable after more than twelve months are presented as non‑current; accordingly, long‑term debt denotes borrowings with a remaining maturity of over one year. This classification affects balance sheet presentation, disclosure and covenant calculations. In loan, security and capital markets documentation across England & Wales, Scotland, Northern...
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Windrush Scheme (UK): eligibility, routes to citizenship or settlement, evidential approach, challenging refusals, and compensation scheme updates
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Practice notes
Windrush Scheme
On 16 April 2018, after a number of high profile widely reported cases involving long-settled Commonwealth migrants struggling to prove their lawful right to live in the UK, the government created a taskforce for this cohort. The Home Office urged Long-term Commonwealth citizen migrants, unable to evidence their right to remain, to contact the Windrush Taskforce (now the Windrush Help Team) by telephone or email to review their situation and discuss their position, as appropriate to their circumstances. At first, eligible people using the service had matters concluded on an ad hoc basis, without lodging a formal Application. This approach evolved into a structured route with the introduction of the Windrush Scheme (the ‘Scheme’) on 30 May 2018. Notably, while the Scheme mainly targets specified ‘Commonwealth citizens’, its scope reaches beyond Commonwealth citizens and their children, and also covers individuals of any nationality who arrived in the UK before 31 December 1988 and have lived here since. The Scheme codifies and broadens the support originally offered by the Taskforce, helping those within its scope to obtain formal proof of their immigration status in the UK, and to formally evidence their position where required, through a clear, official process...
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Web page updated on 22/05/2026
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