Executive Matters

Editor's Note

Welcome to the latest edition of Executive Matters, our quarterly publication tailored to the challenges and legal issues faced by Senior Executives. We begin by examining three recent, and eye-catching, Government announcements. Our Employment Team considers the Government's first significant post-Brexit reforms to employment laws, including proposals to limit non-compete restrictions to three months.

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Non-compete restrictions limited to 3 months and other headline employment law reforms announced

The UK Government has today announced the first post-Brexit reforms to employment laws, in a move it asserts will improve employment regulation, reduce red tape and "create a more competitive and productive economy". The announced changes are:

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Achieving gender equity in the boardroom - A fresh look in 2023

In November, we shared the latest statistics on gender diversity in boardrooms in the UK according to reports published at the time and set out the recommendations to improve those statistics to achieve greater gender balance.

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UK Corporate Governance Code – FRC announces launch of consultation

On 24 May 2023, the Financial Reporting Council (the FRC) announced, as part of its larger audit and corporate governance reform programme, the start of a consultation on updates to the UK Corporate Governance Code (the Code).

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New ACAS guidance on reasonable adjustments for mental health

For employers, supporting the mental wellbeing of their workforce can involve challenges. Employees can be reluctant to discuss their mental health and identifying cases of poor mental health can be tricky, with it often being regarded as an "invisible" disability with few physical manifestations.

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Launch of the Innovator Founder visa route

On 13 April 2023, the UK launched a new Innovator Founder visa route aimed at individuals seeking to establish a new business in the UK.

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Implications for businesses and properties under the draft Terrorism (Protection of Premises) Bill

On 2 May 2023, the Government published draft legislation titled the Terrorism (Protection of Premises) Bill. It has been created in response to findings made by the public inquiry into the 2017 Manchester Arena bombing which concluded that more needed to be done to ensure public safety at certain large-scale events and premises.

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Jazz Shaper - Sir Charles Dunstone

Aged 25, Sir Charles Dunstone set up Carphone Warehouse with £6,000 of his personal savings and began selling mobile phones out of his flat in Marylebone. Since then, the businessman has led Carphone Warehouse’s expansion across the UK, Europe, and beyond, including launching TalkTalk through the acquisition of Opal Telecom.

Executive Matters

Non-compete restrictions limited to 3 months and other headline employment law reforms announced

Achieving gender equity in the boardroom - A fresh look in 2023

UK Corporate Governance Code – FRC announces launch of consultation

New ACAS guidance on reasonable adjustments for mental health

Launch of the Innovator Founder visa route

Implications for businesses and properties under the draft Terrorism (Protection of Premises) Bill

Jazz Shaper - Sir Charles Dunstone