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The Agenda

Issue 20: December 2025

The Agenda

Editor's note

Saul Sender
Saul Sender

In our final edition of the Agenda for 2025, we consider the impact of the Chancellor's second Budget. Our Tax team explores the potential value of a Personal Holding Company in succession planning for founders, business owners, investors and families. Our Corporate and Tax teams also take a look at the key considerations in preparing a beauty brand for buyout.

In the innovation economy sphere, our guide to building a business in the age of AI sets out the key considerations for founders and entrepreneurs at each phase of an AI-driven business's growth. In our Digital Foundations conversation, we unpack the fast-changing world of data centres and digital infrastructure. 

We are delighted to welcome to Mishcon Phil Robinson, a Partner who brings extensive expertise in venture capital and technology within the innovation economy, and Kym Jesse, a debt finance lawyer with a particular focus on venture debt. Finally, with two operators now having been approved under the PISCES framework, the launch of the Private Markets Forum, with Mishcon de Reya as a founding member, aims to improve the efficiency, transparency and resilience of the UK's private markets infrastructure. 

News
big ben reflecting in the river thames

Autumn Budget 2025

The Chancellor delivered her second Budget as she sought to balance financial constraints and political ambitions without breaking manifesto promises. Expectations had already cooled in the lead up to the announcement, not least because several key measures appeared unexpectedly in an Office for Budget Responsibility release issued only minutes earlier.

News
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Ready for your close-up? How to prep your beauty brand for buyout

The beauty industry is booming, and big players are on the lookout for brands with strong foundations and standout appeal.  If you want your own beauty brand to attract serious bidders, glide through diligence and secure a premium exit, preparation is everything.

Video
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Finding your edge: Digital Foundations

In this conversation, Adriano Amorese, Partner in the Construction team, James Boyle, Partner and Head of the Data Group, and Alice Burlingham, Partner in Commercial Property, unpack the fast-changing world of data centres and digital infrastructure.

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