Publication
International Restructuring Newswire
Welcome to the Q2 2025 edition of the Norton Rose Fulbright International Restructuring Newswire.
PPF publishes Levy Ceiling Order 2024
United Kingdom | Publication | February 2024
On January 30, 2024, the PPF published its annual levy ceiling Order, which will apply from April 6, 2024.
The PPF has confirmed that it intends to collect an estimated £100m from eligible DB schemes for the 2024/25 financial year. This represents an 8.2 per cent increase over the previous year, due mainly to the growth in average weekly earnings in the year to July 2023. The levy funds the compensation the PPF provides to members of schemes with insolvent employers.
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Recent publications
Publication
UK MAR: Navigating disclosure obligations in uncertain markets
In the current geopolitical climate, with the imposition of tariffs and associated macroeconomic uncertainty, publicly traded companies across sectors will need to consider the potential impact on their business in the context of their ongoing disclosure obligations.
Publication
Secondary capital raising regime
In July 2022 the UK Secondary Capital Raising Review published its report (Report) setting out a series of bold and wide-ranging recommendations for improving the secondary capital raising regime in the UK designed to make it quicker, more flexible, more inclusive of retail investors and more cost-effective, as well as moving towards digitisation and making better use of technology.
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