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Place-Based Impact Investment – an opportunity for SMEs and OMBs?

Becky Tsang

In May 2021, the white paper, ‘Scaling Up Institutional Investment For Place-Based Impact’ (the “White Paper”) was published by The Good Economy, Impact Investing Institution and Pensions for Purpose. The White Paper outlined how a ‘place-based’ approach of investing (as already favoured by public and social investors), could be extended to institutional investors who currently invest in mainstream global capital markets. The focus of the research was on investments made by Local Government Pension Schemes (“LGPS”), which have assets with a combined value of £326 million, and how the funds could be used to develop explicit place-based strategies while creating positive financial returns.

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Who Is Your Contract With?

You have – all things considered – enjoyed a fruitful trading relationship with a supplier or customer over many years, or at least you have assumed that to be the case.

Then things go sour.  You locate your copy of the contract, only to find that it was made by your predecessor company, or the other party’s predecessor, or even both.  The change(s) may have been due to a corporate reorganisation.  In any case there is no evidence in writing of consent to the change, as required under the contract.

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Menopause breaking the taboo in the workplace

Sophie Robertson

Sophie Robertson

The Women and Equalities Committee survey in 2021 found that that nearly a third of women (31%) had missed work because of menopausal symptoms.

According to the NHS, the menopause is “when a woman stops having periods and is no longer able to get pregnant naturally.”

Unfortunately for those affected several side effects can accompany the physical change, this can include hot flushes, fatigue, memory loss, difficulty in concentrating, headaches, night sweats, low mood/anxiety, and insomnia.

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Sanctions update: UK bans services exports to Russia, cutting Russia off from UK services

Last week, the UK Foreign Secretary, Liz Truss, announced a ban on certain professional and PR services exports from the UK to Russia. The banned services include management consulting, public relations and accounting. The Foreign Secretary commented that the ban will help to ensure that Putin fails in Ukraine, by cutting off service exports that are fundamental to the Russian economy.

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Boris Becker is familiar with being in the spotlight for financial trouble

Tara Farrelly

Tara Farrelly

James Whittaker

In 2002 Becker was charged and convicted of tax evasion by Munich District Court after pleading guilty to evading about 1.7m euros tax by claiming to live in Monte Carlo at a time when his main residence was in Munich.

More recently, on 21 June 2017, Becker was declared bankrupt by the High Court following a petition from private bank Arbuthnot Latham presented against him on 28 April 2017 after Becker defaulted on loan repayments for a loan of circa £3.5m for a property in Mallorca.

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Commercial rent arrears: the new law

Late March saw the end of some long-standing temporary changes in the law due to COVID-19, and the introduction of some new ones!  Commercial landlords and tenants are affected.

From early in the first lockdown in 2020, commercial landlords were banned from exercising most of the usual remedies available to them to enforce rent arrears that fell due during the period of the pandemic, as a measure to protect tenant businesses.

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