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Financing the space economy
The global space economy continues to boom, with a current estimated value of US $596 billion.
Paul Maynard is the new Pensions Minister
United Kingdom | Publication | November 2023
Paul Maynard has been announced as the new Minister for Pensions, following Laura Trott’s promotion to chief secretary to the Treasury in the recent cabinet reshuffle. Mr Maynard, who was elected Conservative MP for Blackpool North and Cleveleys in May 2010, has previously held positions as government whip, transport minister and justice minister. Before entering Parliament, he worked as a political adviser and speechwriter.
Mr Maynard comes to the role at a crucial time. The absence of a Pensions Bill in the King's Speech has left a range of pensions issues unresolved, so Mr Maynard inherits a very busy inbox. There are currently several unfinished projects where secondary legislation is required, as well as an ambitious policy agenda following the Mansion House proposals.
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Essential Corporate News – Week ending 18 July 2025
On 15 July 2025 the Financial Conduct Authority (FCA) published its final rules in relation to reform of the UK prospectus regime (see PS 25/9: New rules for the public offers and admissions to trading regime), largely adopting the approach proposed in its consultation last summer. This is the latest step in the process of reforming the UK’s capital markets, following on from the overhaul of the UK Listing Rules (UKLR) in 2024.
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