The Victims’ Commissioner for England and Wales has published a report examining the experiences of injured victims and bereaved families following criminal road traffic collisions. The report finds that many victims feel road crime is not treated with the same seriousness as other serious or fatal offences, citing lengthy and poorly handled police investigations, inadequate communication, inconsistent support and court delays. It finds that trauma-informed Family Liaison Officers and specialist support organisations can significantly improve victims’ experiences, but access and standards vary, while many victims receive insufficient information about support and compensation. The Commissioner recommends stronger national standards and oversight of road traffic collision investigations, trauma-informed police training, sustainable funding and direct police referrals for specialist victim support, and clearer guidance on compensation and civil claims.

The Bank of England (BoE) has published a speech delivered by its executive director for banking, Victoria Cleland, at the 15th annual City Week in London. In her address, Cleland outlines the BoE’s ongoing efforts to modernise the UK’s wholesale payments infrastructure, discussing the recent launch of the Real Time Gross Settlement (RTGS) service (RT2), the planned launch of a Synchronisation Lab in 2026 and the Wholesale Payment Experiments Programme which involves testing the relative merits of different methods of central bank money settlement for payment systems. The BoE intends to publish a final report on the Programme in the H2 2026.

Victoria PLC (the Company) conducted a Liability Management Exercise (LME) in 2025. The key points appear below. For a look at some FAQs about LMEs, see Practice Note: FAQs on Liability Management Exercises. Key legal and tactical takeaways This shows an interesting use of US-style uptier mechanics out of court for a UK issuer using consent solicitations, private exchanges, transaction support agreements, and a subordination and turnover agreement to reset the waterfall. The Victoria LME is an example of the growing trend in European LMEs to use elevation/uptiering mechanics and can be contrasted to the Hunkemoller uptiering which has been the subject of extensive litigation. Victoria executed an uptier using two concurrent consent solicitations and a subordination deed, rather than amendments to the intercreditor agreement (see Article: LMEs in European restructurings: local law constraints and evolving market practice (2026) 3 JIBFL 147). The Victoria LME was facilitated by the 2026 Notes and 2028 Notes voting as one single class—the majority vote by 2026 Noteholders carried through amendments arguably less favourable to the 2028 Noteholders.

Tax analysis: In this LexisNexis® Practical Guidance video, Nick Winters, Audit, Accounting & Outsourcing Partner and Evelina Panchal, Corporate Tax Director at Blick Rothenberg LLP give their views on the key announcements made in the Autumn Budget 2024 for businesses.

Private Client analysis: In this LexisNexis® Practical Guidance video, Malli Kini, Kelly Greig & Alex Foster, Private Client Partners at Blick Rothenberg LLP give their views on the key announcements made in the Autumn Budget 2024 for Private Clients.

Tax analysis: In this LexisNexis® Practical Guidance video, Harriet Brown, barrister at Old Square Tax Chambers and member of the LexisNexis® Q&A panel, gives her initial reaction to the Autumn Budget 2024.

Tax analysis: In this LexisNexis® Practical Guidance video, John Endacott, Head of Tax at PKF Francis Clark and member of the LexisNexis® Tax Consulting Editorial Board gives his initial reaction to the Autumn Budget 2024.

Corporate analysis: The Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023) received Royal Assent on 26 October 2023. This video considers the background to ECCTA 2023 and its provisions in overview. It forms part of a series of videos to be released by the Lexis+® UK Practical Guidance Corporate team over the coming weeks, which looks at different aspects of ECCTA 2023 in detail.

Corporate Crime analysis: The Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023) received Royal Assent on 26 October 2023. This video, produced in partnership with Farheen Ishtiaq-Stansfeld, senior associate, and Natalie Quinlivan, director, at Fieldfisher, considers the corporate offence of failure to prevent fraud including the scope of the offence, which organisations it will apply to, the available statutory defence and the penalties for breach, as well as how failure to prevent fraud compares to other corporate failure to prevent offences. It forms part of a series of videos that is being released by the Lexis+ UK Practical Guidance Corporate and Corporate Crime teams over the coming weeks, which looks at different aspects of ECCTA 2023 in detail.

Construction analysis: In this video, Victoria Tyson, partner at Howard Kennedy discusses the key changes to the Red, Yellow and Silver Books 2017 in the FIDIC 2022 reprints.

Employment video analysis: In this third and final instalment in our series on grey areas arising from the recent statutory changes to holiday entitlement and pay, Cathy Hoar, solicitor, and Sarah Watson, barrister, members of the Lexis+® UK Employment team, explore the key changes for irregular hours and part-year workers that are being introduced for holiday years beginning on or after 1 April 2024 and the areas of uncertainty to watch out for.

Employment video analysis: In this second instalment in our series on grey areas arising from the recent statutory changes to holiday entitlement and pay, Cathy Hoar, solicitor, and Sarah Watson, barrister, members of the Lexis+® UK Employment team, discuss the new categories of irregular hours and part-year workers that are being introduced for holiday years beginning on or after 1 April 2024.