In October last year, our client, Mr Owen Paterson was found by the House of Commons Committee on Standards to have, in the Committee’s words, “used his privileged position as a Member of Parliament to secure benefits for two companies for whom he was a paid consultant…” The Committee described Mr Paterson’s alleged actions as “an egregious case of paid advocacy.”
Earlier this month, the Government updated Chapter 7 of its Capital Funding Guide which sets out the rules and requirements for grant funded schemes (as well as occasional nil grant schemes) which grant recipients must follow.
Jeremy Hunt has announced that social and affordable rent increases will be capped at 7% as of April 2023 for a period of 12 months to combat the cost of living crisis and in response to “unprecedent global headwinds” the country is facing.
Social rents in Wales will rise by a maximum of 6.5% from April 2023 under a new settlement announced by the minister for climate change, Julie James.
In September a consultation was issued on a proposal to extend the landlord’s no-fault notice period required for converted periodic standard contracts under the Renting Homes (Wales) Act 2016 (RHWA 2016) from two months to six months.
The Devonshires’ Banking and Capital Markets team are delighted to have advised Saxon Weald on its £70m sustainability-linked private placement.
We are delighted to have retained all of our newly-qualified solicitors for the fourth consecutive year.
Krissun Soodin joins our Real Estate and Projects team as a Partner.
The Regulator of Social Housing (Regulator) has published its 2022 Sector Risk Profile (SRP) this morning, setting out its view of the most significant sources of risk to Registered Providers of Social Housing (RPs).
In July 2022, the High Court determined that the Government’s Net Zero Strategy was inadequate (and unlawful) as it did not include matters that are material to the issue of whether the Climate Change Act 2008 (“CCA 2008”) targets could be met.