In 2018, the Financial Services sector accounted for £132 billion of the UK economy and approximately 50% of that was generated in London. It is the 7th largest sector of the UK economy and provides well over a million jobs to UK residents.
The sector is constantly adapting to the global environment and changing economic times.
Our teams work with many innovative financial service businesses as they expand and grow into different markets.
Each of our specialist legal teams below have experience of helping businesses, founders and senior management in the Financial Services sector.
We have advised the Founders and shareholders of Pasta Evangelists, a UK-based specialist in fresh, artisan pasta & sauces on the sale of a majority stake to Barilla, one of the world’s largest food companies and the global leader in pasta.
On 7 January 2021, the Housing Secretary, Robert Jenrick, announced massive changes to enfranchisement law, with plans to allow leaseholders to extend their current lease by a maximum term of 990 years at a ‘peppercorn’ (i.e. zero) ground rent and the ending the payment of ‘marriage value’ to freeholders, potentially saving leaseholders thousands of pounds.
Our monthly summary of recent news items relating to the M&A, Scale-up and Growth capital scene in the UK and Europe