“Revenue is down and the tech industry operates on tight margins. Since 2023 when global turnover was at£100 million , there has been a steady decline. In 2024 turnover was down by over£40 million to c£58million . In 2025/26 it has dropped further still (the£72 million being a 15 month period and so equivalent to approximately£57 million over a standard 12 month accounting period.”
“In the majority of cases, the family’s financial resources are unlikely to be sufficient to enable the marital standard of living to be maintained for both spouses (and the children). However, as a generalisation, the parties’ separation does not, of itself, provide a reason for that standard being reduced in the same way that it does not, of itself, provide a reason for that standard to be increased.”
“[33] It is also clear that, as set out in the Red Book, the purpose of an order for maintenance pending suit is to meet “immediate” needs. The principal issue raised by this appeal is what needs qualify as being immediate and how should the court approach the determination of this question. However, I would stress that the particular circumstances of each case will determine on which issues the court will need to focus and the degree of scrutiny which will be required. In every case the key factors are likely to be the parties’ respective needs and resources and, as was also set out in TL v ML, at para 124(ii), the “marital standard of living” but beyond that, the court’s approach will be tailored to the facts of the particular case.”
“[83] …the court is not obliged to limit its orders exclusively to resources of capital or income which are shown actually to exist. The availability of unidentified resources may, for example, be inferred from a spouse's expenditure or style of living, or from his inability or unwillingness to allow the complexity of his affairs to be penetrated with the precision necessary to ascertain his actual wealth or the degree of liquidity of his assets.”