In November 2024, the government launched a consultation on introducing a new framework for captive insurance companies. Responses from representatives of the insurance sector and trade bodies responded positively, expressing support for the high-level proposals outlined in the consultation, noting the importance of simplifying regulations and reducing capital requirements. Moreover, the majority of respondents wanted to go further than the scope proposed – to allow more types of firms to be permitted to set up a captive, and to allow more types of risk to be insured by them.

Anand Menon and Jannike Wachowiak offer some initial reflections on the UK-EU summit on 19 May. They argue that while the summit covered a broad range of areas, it simply marks the beginning of a long, technical and potentially difficult negotiation process to iron out the details that would amount to actual achievements.

A deal to "reset" relations between the UK and the EU following Brexit has been agreed at a summit in London. BBC Verify has gone through the deal, picking out the potential winners and losers.

Unpicking the key tax takeaways from the UK’s trade deals with India and the US.