Commercial property landlords have been in limbo for over five years as to whether and when the current MEES requirement of an EPC E rating would be increased.  Meanwhile, they learnt from the Warm Homes Plan that residential properties in the PRS must have an EPC C rating by October 2030.

A regular briefing for the alternative asset management industry. 

Geopolitical pressures, technological disruption and shifting energy markets are reshaping what it means to transition to a more sustainable economy. This edition examines how three sectors, energy, defence and digital, are navigating the transition and reviews the regulatory and financial framework that will determine whether the transition succeeds.

In this edition, we look at infrastructure and energy measures in the King's Speech, how the UK is proposing to decouple gas and electricity prices, the latest state of play on data centres and the impact of conflict in the Middle East.  We also discuss whether pre-development costs should get preferential tax treatment and VAT on electric vehicle charging, together with a range of other regulatory issues affecting the infrastructure and energy sectors. 

The new Future Homes Standard (the "FHS") and Future Buildings Standard (the "FBS") published in late March 2026 represent, by any measure, an incredibly significant change to energy efficiency requirements for new homes and commercial buildings in England. The impact within the industry will be profound.

A regular briefing for the alternative asset management industry. 

A new Energy Independence Bill was announced in the King's Speech yesterday. However, the speech (and earlier references to this Bill, for example in the Labour Manifesto) gives us little to go on beyond the words 'energy' and 'independence' – already themselves very much the buzz words of the administration of late, particularly in the wake of recent events in Iran.