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Recruitment Watch

Issue 32: April 2026

Recruitment Watch

Editor's note

Nick Davis - Mishcon de Reya

We open this edition by introducing our newly launched Employment rights act hub - a dedicated resource designed to support employers, agencies and HR leaders as they navigate the evolving landscape of workplace rights, compliance obligations and enforcement trends shaping today’s labour market.

In this edition, we examine the major immigration changes rolled out throughout 2025 and outline what recruitment businesses and employers can expect over the coming year. These developments - spanning sponsorship requirements, visa thresholds and workforce mobility - carry important implications for international hiring and compliance strategies.

We turn next to the Companies House reforms now in effect, assessing what has changed, what remains on the horizon, and how enhanced corporate transparency measures will impact labour‑supply chains, staffing businesses and associated entities in the recruitment ecosystem.

We also consider the succession‑planning updates introduced in the 2025 Budget, with a focus on changes to Employee Ownership Trust relief and how these reforms may influence long‑term ownership and governance decisions across the sector.

Looking ahead to 2026, we explore emerging trends in reward, incentive structures and shared‑ownership models, offering insight into how recruitment firms and employers can strengthen retention, support culture building and compete more effectively for talent.

This edition also reflects the increasingly international landscape of workforce planning. We spotlight Mishcon de Reya’s inaugural US Expansion Programme, which supports high‑growth UK businesses preparing for market entry, alongside the firm’s strengthened presence in the UAE - both signalling the wider globalisation of recruitment and mobility strategies.

Finally, we examine the growing relevance of employer‑of‑record solutions, outlining the operational, tax and compliance considerations organisations need to navigate when expanding internationally or managing distributed teams.

If you would like to discuss any of the issues raised in this edition, or if there is a topic you would like us to cover in a future release, please contact a member of the Recruitment Services team.

Hub
a close up of a building

Employment Rights Act Hub

The Act introduces sweeping changes across employment rights, trade union powers, enforcement mechanisms, and sectoral bargaining frameworks. Our hub contains resources that explain the key changes and outline the practical steps employers may want to consider.

News
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Navigating business succession: Budget 2025 changes to EOT relief

Over the past decade, employee ownership trusts became a popular route for business ownership succession. However, the Autumn Budget 2025 heralded a significant shift: from 26 November 2025, the capital gains tax relief on qualifying disposals to EOTs was reduced from 100% to 50%.

News
Golden Gate Bridge
Mishcon de Reya launches inaugural US Expansion Programme, supporting 17 high growth UK businesses preparing for US entry

Mishcon de Reya has launched the first cohort of its new US Expansion Programme, bringing together 17 high growth UK companies preparing to enter or scale in the US market over the next 12 months. The Programme is delivered in partnership with Beringea, Frazier & Deeter and HSBC Innovation Banking, and concludes with a mixer bringing together founders, investors and advisers focused on US expansion.

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