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The Competition Appeal Tribunal's latest judgment examines a £205.2 million subsidy to Cardiff International Airport, marking the first detailed application of subsidy control principles under the 2022 Act. The case explores critical questions about airport insolvency, potential subsidy flow-through to air carriers, and the rationality of ministerial compliance assessments, establishing important precedents for future subsidy evaluations and legal challenges.

In this episode, host Ben Perfitt speaks with Tom Hoad, Head of Howden Ventures, about how insurance is evolving through startups, data, and collaboration.

Most business owners will have come across contracts that include a financial consequence if something goes wrong.