The Commercial Payments Bill was introduced in the House of Lords on 19 May 2026 and has recently passed Committee Stage. While amendments remain possible as it progresses through Parliament, the Bill proposes significant reforms aimed at tackling late payment
More about What the Commercial Payments Bill could mean for the construction industryWealth can take many forms. It is reflected in the possessions we treasure, the values we uphold, the causes we support and the stories that connect generations. Increasingly, families are recognising that the true significance of wealth lies not only
More about Summer reading for private clients – wealth and valuesIn Deerns UK Limited v VDC LHR11 Limited [2026] EWHC 1509 (TCC), a consultancy agreement that allowed for the final date for payment to be postponed if the consultant issued an invoice later than the application for payment was found
More about No room for uncertainty: final date for payment must be tied to the due dateHigh net worth individuals are increasingly investing in art, watches, wine, classic cars and other collectibles. While these assets are often acquired out of passion, they are also becoming an important component of wealth and succession planning. As a result,
More about Wealth and assets: when emotional investments meet financial responsibilityWealth is not a universally defined concept. Its meaning, use and transfer are shaped by cultural values, traditions and social norms. Whilst financial and economic wealth are important measures, many cultures also place significant value on family, reputation, education, community
More about Wealth and culture: how values, tradition and community shape the way success is measuredWhat does the market data show? On 8 July 2026, the London Stock Exchange (“LSE“) announced that Wayve had completed its first transaction on the LSE’s Private Securities Market. The $85 million employee tender allowed current employees to sell vested shares
More about PISCES gathers momentum: early transactions and the road aheadFor many high-net-worth individuals, philanthropy is increasingly becoming an integral part of wealth planning. Families are looking beyond tax mitigation and one-off donations, and moving towards a more strategic approach, to consider how their family values align with their charitable
More about Wealth and philanthropy: the role of giving in family wealth planningThe stories our possessions tell We spend our lives accumulating possessions. Some are practical, some beautiful, some carry memories. They all tell stories about our lives. A favourite painting may remind us of a particular place or moment; a piece
More about Wealth and possessions: the stories we keep and the legacies we leaveWhile trustees of private trusts remain primarily focused on achieving appropriate financial returns for beneficiaries, many are now being asked to consider how trust investments align with family values, responsible stewardship and broader long-term objectives. Why this matters The private wealth landscape is changing. Families often span
More about Wealth and values: investing beyond financial returnThere are three “excepted cases” to the generality of the restriction on the use of a prohibited name: the first is where notice is given to creditors of the liquidating company of proposed use of the same or similar name
More about English v Secretary of State for Business and Trade