This edition of the Technical Update covers the UK Private Capitals case for the Scale-up Reinvestment Relief as well as the FCA’s finalisation of Phase 1 of the SMCR reforms. We also highlight further calls to reform competition policy and our work urging the Government to consider reforms to the unfair dismissal cap. Finally, we highlight UK Private Capital’s new report on how private capital is key to the green transition, an inquiry into HM Treasury’s role in environment and climate policy and more.