Member News

Thanks to the ‘breakthrough’ deal struck in early December last year by Prime Minister Theresa May with the EU, we now know that there will not be a ‘hard border’ with Ireland, that the rights of both EU citizens in the UK and UK citizens in the EU will be protected, and that the ‘divorce bill’ figure will be somewhere between £35 billion and £39 billion. Since before the EU referendum result was known at the end of June 2016, the ‘divorce bill’ – the money the UK will need to pay to the EU as a result of Brexit to cover its financial liabilities – has been a hot topic of debate.

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In 2016 we foreshadowed Highways England’s intention to trial autonomous vehicles on motorways by the end of 2017, set out in its “Innovation strategy”.  Indeed a variety of trials have taken place with varying results.  However in October 2017 the chancellor upped the ante, now aiming to test fully self-driving cars (with no driver at the wheel) as early as 2019, and allowing fully self-driving cars to operate freely on UK streets from 2021.  This goal is accompanied by an additional £100 million in funding for AI research and development.

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As everyone is well aware, yesterday Congress passed the new tax reform bill. While the bill’s new higher standard deduction, reduced corporate tax rates, and scrapping of the Obamacare individual health insurance mandate have received widespread attention in the news, there are a few provisions in the bill receiving little attention that may have a significant impact on motor carriers and others in the transportation industry.  Two such provisions are briefly outlined below.

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Released in 2009 as open source software, Bitcoin has quickly become one of the world’s most notable cryptocurrencies and payment systems. The digital currency is so lucrative because it’s decentralised by design, meaning it doesn’t need access to a central bank or administrator.

Zafar Kanani writes for Finance Digest on What are investor syndicates and how can they work for you?
Angel investing is by its nature a risky endeavour. Every investor naturally has an overarching goal to minimise risk and maximise returns. In the context of angel investing, ensuring that the relevant elements needed to achieve this are in place is easier said than done.

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Following the firm's rebranding from Volaw group to VG, VG has launched the first edition of their own magazine – 360 – to bring together ‘the hottest of the hot’ issues which matter to you most.

Click here to read the first issue.