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As crypto moves from the margins to the mainstream of the UK financial system, regulatory uncertainty is giving way to structured supervision, authorisation and enforcement.

In Laing O'Rourke Delivery Ltd v Shepperton Studios Ltd [2026], the Technology and Construction Court (TCC) has provided important clarification on the interaction between payment notices and pay less notices.

The Upper Tribunal has ruled that the Cabinet Office could refuse to confirm or deny whether Boris Johnson sought legal advice on the lawfulness of the March 2020 Covid-19 lockdown, finding that such confirmation would itself reveal privileged information. This decision clarifies an important boundary in legal advice privilege: while the mere fact of obtaining legal advice is not privileged, seeking advice on a sufficiently specific topic can attract privilege protection.