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UK UK Competition and Markets Authority Source document ↗
United Kingdom UK Competition and Markets Authority Governance & Accountability ✓ 20 claims 26 Oct 2026

CMA to review £401.2m Defra subsidy for Canal & River Trust

The CMA's Subsidy Advice Unit has opened a referral into a proposed £401.2 million Defra subsidy to the Canal & River Trust, covering 2027 to 2037. This briefing covers the administrative timetable, the subsidy's structure and policy objectives, and how interested parties can make submissions.

  • The proposed subsidy totals £401.2 million, paid to the CRT over the period 2027 to 2037.
  • The initial grant in 2027 to 2028 is £49.99 million, tapering downwards by 5% each subsequent year to £31.51 million in nominal terms by 2036 to 2037.
  • Third-party submissions on the Assessment of Compliance are due by 19 October 2026.
  • The SAU's report to Defra is due for publication on 16 November 2026, within a 30 working day reporting period that began on 6 October 2026.
  • The CRT manages around 2,000 miles of inland waterways across England and Wales and employs around 1,600 people.
Source document
0:15
UK UK Competition and Markets Authority Source document ↗
United Kingdom UK Competition and Markets Authority Governance & Accountability ✓ 16 claims 21 Oct 2026

CMA subsidy unit reports on £350m chemicals resilience fund scheme

The CMA's Subsidy Advice Unit has completed its advisory report on a proposed £350 million government subsidy scheme for the UK chemicals sector. This item covers the scheme's structure, funding terms and the SAU's review timetable, relevant to firms in chemicals, critical infrastructure and supply chain sectors watching subsidy design precedent.

  • The SAU completed its report within 30 working days of accepting BIST's request on 10 September 2026, publishing its final advice on 21 October 2026.
  • The Critical Chemicals Resilience Fund has an overall budget of £350 million, available until the end of March 2030.
  • Successful applicants could receive up to 50% of eligible costs for projects that improve resilience and competitiveness.
  • Eligible companies have already been identified by BIST and ratified by a panel of industry experts, ahead of the fund opening to applications in autumn.
  • Applicants must submit a business case covering the resilience challenge, proposed investments, delivery arrangements and evidence of additionality and value for money.
Source document
0:15
UK UK Competition and Markets Authority Source document ↗
United Kingdom UK Competition and Markets Authority Governance & Accountability ✓ 24 claims 16 Oct 2026

CMA names Cyrus Mehta as new Competition Panel Chair after Coleman's exit

This is the CMA's continuously updated record of who sits on the independent panels that decide phase 2 markets and mergers cases. The latest entries record a change of Panel Chair and a series of member departures and appointments, information firms under CMA scrutiny use to check who will be deciding their case.

  • Cyrus Mehta replaced Martin Coleman as Competition Panel Chair on 18 September 2026, with biographies and interests updated accordingly.
  • Martin Coleman was removed from the panel entirely on 7 October 2026 at the end of his term.
  • Twelve new independent members were added to panel members' biographies and disclosures of interest on 1 September 2026.
  • Susan Hankey and Keith Richards were removed on 23 September 2026, and Juliet Lazarus was removed as a panel member on 9 September 2026, all at end of term or by removal.
  • Inquiry chairs are currently listed as Cyrus Mehta (Panel Chair), Kirstin Baker and Margot Daly.
Source document