UK Knowledge Collection | Emerging digitalisation trends, spending review, and carried interest tax reform

Emerging digitalisation trends, spending review, and carried interest tax reform  

As technology becomes increasingly embedded in products and processes, new forms of risk for businesses arise. Our digitalisation experts consider the emerging trends affecting business operations and strategy, including governance issues (posed, for example, by agentic AI and hyper-personalisation), structural exposure (supply chain resilience, contract frameworks and regulatory divergence), and new opportunities.

This week, the UK government set out its priorities in the Comprehensive Spending Review. Our Insight examines the impact on the housing and infrastructure sectors, which stand to gain from the significant allocations made. And our webinar, later this month, looks at proposed reforms to the Landlord and Tenant Act.

The government has also recently published its response to a consultation on reform of the tax treatment of carried interest.  It has taken into account feedback from the industry and stakeholders, and modified some of its proposals accordingly: removing two additional qualifying conditions. Our Insight looks at the new policy proposals and what they mean for the asset management sector.

Recent Insights

WAVE | Emerging legal trends in digitalisation

Technology is changing how businesses operate. This collection of articles considers a range of issues, including agentic AI, data sovereignty, tech supply chain resilience, the surge in digital regulation, class actions and the future shape of legal teams.
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Boost for housing and infrastructure in UK government spending review

A significant cash injection has been allocated, with more detail for the built environment sector expected in the forthcoming infrastructure and industrial strategies.
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UK government makes concessions regarding new carried interest tax regime

The government has dropped two key proposals of its new tax regime for carried interest, effective from April 2026, following industry feedback.
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UK government sets out ambitions for growth with proposed regulation of cryptoassets industry

HM Treasury has published draft legislation to bring cryptoassets inside the regulatory perimeter and indicated that it would hope to have final legislation in place by the end of the year.
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Navigating collective actions in England and Wales: how settlements can favour defendants

Various settlement structures are available to defendants in collective actions and there can be advantages in entering into a settlement agreement.
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Upcoming Events

The latest in advertising law changes so far in 2025

17 June | 09:00-11:00 
Hear about the latest developments in advertising law, together with practical takeaways for your business's compliance programmes, including a summary of leading cases, regulator activities and law and code changes.
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Annual Data Forum

17 June | Halo, Bristol | 13:30-18:00
Practical insights into some of this year's hot topics in data, including AI, data localisation, overlapping regulatory regimes and evolving cyber laws.
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Sustainable clothing? How the EU, UK and France are moving towards a circular economy

26 June | 09:00-10:00

Across Europe, new rules on eco-design and product sustainability will have a significant impact on the fashion and luxury sector. 
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Seven decades on: the Landlord and Tenant Act 1954, recent case law and the path to reform

26 June | 11:00-13:00
A webinar on the proposed reform of the Landlord and Tenant Act 1954 and recent case law (with a focus on lease termination).
Register now >