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FCA consults on listing rule changes for closed-ended investment funds
The Financial Conduct Authority (FCA) has launched a consultation on targeted changes to the UK Listing Rules for closed-ended investment funds to strengthen the management of conflicts of interest and protect shareholders. The proposals are intended to ensure the rules remain effective and consistent in future scenarios while preserving strong...
PEDW updates SIP submission guidance and publishes application form for Welsh infrastructure consent
Planning and Environment Decisions Wales (PEDW) has updated its guidance on Significant Infrastructure Project (SIP) application requirements and has also published the corresponding SIP application form. Issued under the Infrastructure Act (Wales) 2024 (I(W)A 2024), the guidance specifies mandatory submission documents, including a draft...
Ofgem launches consultation on long-duration electricity storage cap and floor decisions
Ofgem has launched a consultation on its minded-to decisions for the first application window of the Long Duration Electricity Storage (LDES) cap and floor scheme, proposing to support 16 projects with a combined capacity of 7,645MW. It says the selected projects would improve security of electricity supply, support renewable energy and provide...
Cabinet Office confirms postponement of next UK-EU Summit
The Cabinet Office has confirmed that the UK-EU Summit has been postponed following agreement between the UK and the EU. The government said that the decision followed the Prime Minister's statement and reaffirmed its commitment to holding the summit at the earliest opportunity. It noted that the first UK-EU Summit in May 2025 established annual...