The UK government has announced that the Coronavirus Job Retention Scheme, one of the measures introduced to assist businesses during COVID-19, will be extended until October 2020. We explain below what the scheme is, what changes have been made, and shed some light on what this means for employers and employees. What is the Coronavirus Job Retention Scheme? The Coronavirus …
Bounce back loan: New help for small businesses
The UK government has launched a new help for small businesses, the Bounce Back Loan Scheme (BBLS). The scheme was launched on 4th May 2020 and aims to provide financial support to businesses impacted by the Covid-19 outbreak but can’t access coronavirus funding quick enough. Businesses can apply to accredited lenders by filling out a simple online form. It offers …
Future Fund: the scheme to help UK startups during COVID-19
As part of its ongoing efforts to support businesses that have been seriously affected by the coronavirus and the resulting economic fallout from global shutdowns, the UK government recently established the “Future Fund” and committed £1.25 billion to struggling startups. The Future Fund is the latest in a series of tax and financial measures established by the UK government in …
White Paper on Regulation of the Fourth Industrial Revolution
Are you a startup founder trying to innovate? Keep reading because we have news for you! In June 2019, the Government presented the White Paper on Regulation of the Fourth Industrial Revolution to make sure regulations are keeping up with innovation. Driverless cars, devices such as e-cigarettes or Artificial Intelligence applications for early diagnosis and treatment of health issues are …
The right to be forgotten: Entitlement or threat to Freedom of speech?
The right to be forgotten is a centerpiece of the EU’s privacy laws, intended to protect individuals from having information spread about them online. The right to be forgotten can be used to force Google and other search engines to delete links including personal information considered old, no longer relevant or not in the public interest. However, on the 24th …
Navigating FinTech Regulations And Initiatives
Navigating the regulatory landscape is a key challenge for the FinTech industry. The innovative nature of FinTech makes it difficult for businesses to determine what kind of license or approval is needed from the appropriate authorities and whether the new product/service falls within the existing regulatory regimes. This challenge is further exacerbated by FinTech companies looking to scale internationally, as …
Technology, Law & Time For A Change
Technology is as natural (some say important) in our everyday lives as the wind, rain and sunshine. It’s also bringing an acceleration of change into every sectors, revolutionising industries and restructuring the way that whole markets operate. Until recently, law was resolutely resisting change. A conservative space with incumbents happy to retain the status quo, there was no internal drivers …
Has The UK Hit The Brakes On Uber? Transport For London Revokes Ubers’ License
It’s official. Prepare for September 30th. Transport for London, the regulator for transport across the city, has stripped Uber of its licence to operate in London. Why? It was deemed they were not ‘fit and proper’ to hold the license. Uber will not be allowed to operate in the city after their Private hire operator licence expires on September 30th. …
Crowd Justice Has Arrived And You Need To Get Involved
Crowd Justice: Innovation In Legal Crowdfunding To Bridge The Justice Gap At Linkilaw We Share The View That A Fundamental Cornerstone Of The Law Is That Access To Justice Should Be Available To All. And that’s just what Crowd Justice are doing. About Crowd Justice Headed by Julia Salasky, a former UN lawyer and City firm Linklaters associate, CrowdJustice is the …
Linkilaw Buys LawyerFair: Growing The Legal Marketplace Space
Linkilaw Buys LawyerFair: Growing The Legal Marketplace How Linkilaw’s Acquisition of LawyerFair Has Created One of UK’s Biggest Legal Marketplaces – Giving More Startups the Opportunity to Scale Up. Reid Hoffman, co-founder of Linkedin noted that ‘first mover advantage’ is not necessarily dependent on launch, but on ability to scale and grow. This is relevant to business at large, but …