In its latest Regulation round-up, the FCA included a brief summation of the current state of play in the Supreme Court’s appeal hearing on the Business Interruption test case, now concluded.
It noted that Lord Reed recognised the importance of an early judgment for the businesses affected, but could not undertake that this would happen this side of Christmas or even in January.
The Supreme Court has undertaken to keep the parties informed. In the meantime the FCA says it will update its BI webpage at the earliest opportunity.
For now, this remains a case, as they say, of watch this space.
For further details on what this case could mean for your business, contact a member of our expert team on 01925 765777, or email us at info@ukgigroup.com.