Knowledge
Our knowledge resources reflect the breadth and depth of our expertise, our insight into the issues which matter to your business, and our understanding of the markets in which you operate.

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Employment bitesize podcasts – E-visas and the digitalisation of the UK immigration system
Welcome to our Employment law bitesize podcast series providing you with digestible immigration-related updates.
Public Takeovers in the UK: A guide for US PE sponsors
US PE sponsors, and their portfolio companies, have continued to execute a significant number of UK public takeovers - launching bids for UK companies listed across both the Main Market of the London Stock Exchange and AIM.
Scope refocussed: Panel reduces the range of companies to be subject to the Takeover Code
On 6 November 2024, the Takeover Panel (the "Panel") published a response statement setting out changes to be made to the Takeover Code (the "Code"), to narrow the range of companies to which the Code applies.
The Data (Use and Access) Bill – limited data protection reforms in the pipeline
The Data (Use and Access) Bill ("DUA Bill") began its parliamentary journey in the House of Lords on 23 October 2024. It resurrects many of changes from the previous government's Data Protection and Digital Information Bill ("DPDI Bill"), which fell away before the general election. This briefing focuses on the package of data protection and e-privacy reforms proposed in the DUA Bill, although the bill's ambit is much wider than data protection, also covering data sharing and digital verification schemes. Overall, its data protection reforms are more limited than previously, and certain controversial measures from the DPDI Bill have been dropped.
Episode 9: AI Insights – State of Play II
Welcome to the ninth episode in our series of podcasts exploring the key legal issues relating to the development and use of artificial intelligence.
World Uyghur Congress Case Ruling: A game changer for supply chains?
Earlier this year, the World Uyghur Congress was successful in its appeal in a case which centered on concerns about the importation of cotton products to the UK from the Xinjiang Uyghur Autonomous Region ("XUAR") in the People’s Republic of China1. In this article we will explore the important legal and practical ramifications of this decision, in light of more recent allegations against large multinational entities for failing to prevent slavery and human trafficking abuses in their supply chains. We will also examine the impacts this decision may have in other areas from a Proceeds of Crime ("POCA") perspective, along with practical steps organisations can take to manage supply chain risk.
B2C contracts: what's a fair outcome if services can't go ahead as planned?
Many B2C businesses face the possibility that services they've agreed to provide may not go ahead as planned – but is it fair for the business to retain or demand any payments where this has happened? The Court of Appeal has recently ruled that a term in a contract for legal services was unfair, because it required the consumer to pay the full projected fees, even where the relevant hearing was delayed. We explain why the Court reached this conclusion and look at the wider lessons for providers of consumer-facing services.
Infrastructure and the autumn budget: investing for the future?
In its 2024 Manifesto (the "Manifesto"), as highlighted in our post-election Infrastructure Spotlight, the Labour Party made some ambitious commitments towards accelerating the UK on its path to net zero, in addition to overhauling and regenerating the UK's ageing infrastructure, by using public investment "to crowd in private funding".
What to expect at COP29
Water (Special Measures) Bill: what's next for the water industry in the UK?
The Water (Special Measures) Bill (the "Bill") was introduced into Parliament on 4 September 2024 and is currently at the Committee stage in the House of Lords ("HoL"). As part of its announcement introducing the Bill, the Department for Environment Food & Rural Affairs ("DEFRA") emphasised that the Bill is intended to significantly strengthen the power of water industry regulators in the UK – holding water companies to account "where they have failed to deliver for the environment and customers and begin to restore trust in the industry".
Travers Smith's Alternative Insights: Tax rises for UK alternative asset managers
A regular briefing for the alternative asset management industry.
Autumn Budget 2024
Find the latest news, views and our analysis of all the key announcements.
Autumn Budget 2024: Carried Interest
What's Happening in Pensions - Issue 112
Autumn Budget 2024 - Business Taxes
Autumn Budget 2024 - Inheritance Tax
In line with expectations, a series of Inheritance Tax changes have been announced by the Chancellor. The three new policies announced at the Budget can be summarised as follows:
Autumn Budget 2024 - Non-Dom Regime
It should come as no surprise that measures contained in the Budget replace the UK's current tax regime for non-UK domiciled individuals ("non-doms") with a new regime. Before the general election, the previous Conservative government and the Labour party in opposition both committed to introducing this change.
Autumn Budget 2024 - Capital Gains Tax
Prior to the Budget, there was widespread speculation that the Chancellor would make sweeping changes to the Capital Gains Tax ("CGT") regime, either by significantly increasing rates or by radically reducing existing reliefs (or both). However, as it turns out, most will likely view the Budget CGT changes as being relatively modest in comparison with what the government might have introduced. It seems unlikely the measures announced today will cause a substantial change in taxpayer behaviour as, crucially, there still remains a significant delta between the highest rates of income tax (45%) and capital gains tax (24%).