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GLOSSARY
The Culham Centre for Fusion Energy ‘CCFE’ is the UK’s national fusion research laboratory (formerly UKAEA Culham).
GLOSSARY
Fault in a damages claim.
GLOSSARY
Guilty.
PRACTICE NOTES
This Practice Note considers: • what cultural awareness is and why it is important in the workplace • why cultural diversity in the workplace is important • what organisations can do to demonstrate and raise cultural awareness in the workplace • the risks of not having cultural awareness in the workplace • how organisations can engage with employees from diverse cultural backgrounds • key areas or skills individuals need to work on to improve their cultural awareness • top tips for managers managing a multi-cultural team Cultural awareness Culture in itself is difficult to define. Broadly speaking, it is a unique pattern of thoughts, feelings and behaviours which are usually picked up from four main areas: • families • schooling • work experiences • life experiences These thoughts and behaviours are learned, developed and reinforced during our lives, and for each different culture there are different cultural norms. It is important not to fall into the trap of stereotyping cultures. While there may be shared behaviours, or unspoken
NEWS
The House of Commons Culture Media and Sport Committee has published the government’s response to its report on cultural touring in the EU. The government states that securing practical solutions to reduce barriers faced by UK touring artists remains a priority and that it has raised these issues in engagement with the EU and Member States. It notes that meaningful change in areas such as immigration, customs and transport policy requires agreement with the EU and in certain cases, action by individual Member States.
CHECKLISTS
Diversity and inclusion are regulatory concerns, forming part of the Financial Conduct Authority’s (FCA) and Prudential Regulation Authority’s (PRA) wider focus on culture and Environmental and Social Governance (ESG) within the financial services industry. This Timeline sets out developments relating to culture and to diversity, equity and inclusion (D&I) including non-financial misconduct. For further practical guidance, including on NFM, see the Culture and social governance in financial services—overview. For practical guidance on the Senior Managers and Certification Regime (SM&CR), see the SM&CR and approved persons regime—overview. 2026 Date Source Documents Description 1 September 2026 FCA Non-financial misconduct in financial services [update 01/09/2026] The FCA has updated its webpage on NFM to remind firms that new rules and guidance to help tackle NFM came into effect on 1 September 2026.See: FCA reminds firms that non-financial misconduct rules and guidance now live. 25 June 2026 PIMFA PIMFA publishes new guidance to help firms prevent and address non-financial misconduct The Personal Investment Management & Financial Advice Association (PIMFA) has published guidance to help firms
NEWS
The Culture, Media and Sport Committee has announced a new inquiry examining the provision of children's television and video content in the UK. The inquiry's scope includes the production of British-made programming, content discoverability on digital platforms, parental control mechanisms, and the sector's economic and cultural implications. The inquiry will also assess potential effects of children's viewing habits on health and development. The Committee is accepting evidence submissions until Thursday 4 September 2025.
GLOSSARY
Cum is the Latin prefix meaning with. A share quoted cum dividend carries the right to a recently declared dividend. Cum scrip and cum rights have similar meanings.
GLOSSARY
Where profits are insufficient for the payment of a dividend, preference shareholders with cumulative rights will see their dividend accumulate until such time as it can be paid. See also cumulative preference shares.
PRACTICE NOTES
This Practice Note provides an introduction to cumulative impact claims and considers how multiple variations instructed on a construction project may effect the contractor’s ability to progress the unchanged work and cause a loss of productivity, the court’s and tribunals’ approach to such claims, the potential impact of contractual provisions on such claims, how and when to quantify claims and practical tips on how to succeed in a cumulative impact claim. What is a cumulative impact claim? Variations on construction projects are extremely common and occur for many reasons, for example, where a contract is signed prior to the design or scope of works being finalised, where the employer wants to make changes on the project as building work progresses, where there are inconsistencies in the contract documents that require resolution, or unforeseen physical conditions on site which need to be addressed. The direct impact of variations, in terms of the cost to carry out the varied work and the effect on work connected to the change is usually straightforward to ascertain. However, on large and complex projects,
GLOSSARY
Legacies of equal, greater or lesser amount given by different instruments are prima facie cumulative.
GLOSSARY
Preference shares where the right to a dividend accumulates if profits are insufficient in any year to pay the dividend. Once there are sufficient profits, the cumulative dividend is paid. Unless otherwise stated in the terms of share issue or the company’s articles of association, or in any agreement with the shareholder, the right to receive a preference dividend is cumulative. However there is no absolute right to a dividend until it is declared out of available profits.