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In Trade and Foreign Investment

United Kingdom: Update to UKCA marking transition

by , and 3 Mins Read

At the end of July 2022 the UK government announced a range of proposed measures to ease the transition to the new UK Conformity Assessed (UKCA) regime that will replace the EU’s CE marking regime for the Great Britain market (England, Scotland and Wales) in respect of most types of CE marked products from the start of 2023. Note, products sold in Northern Ireland will continue to need to be CE marked as a result of the Northern Ireland Protocol, even once UKCA marking has become mandatory across the rest of the UK.

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In Employment

United Kingdom: Industrial Action Webinar Miniseries : Episode one – The industrial action process

by and 2 Mins Read

The Baker McKenzie London Employment team is delighted to share episode one of our new virtual miniseries, which focuses on the various challenges that organisations are likely to need to navigate when facing industrial action. A number of the factors and issues that are relevant to the current spate of trade disputes and industrial unrest – rising energy prices, the cost of living crisis, high rates of inflation – are not expected to disappear or resolve themselves overnight. As such, industrial action, or at least threats of industrial action, is expected to increase in prevalence across different industries and organisations over the coming months.

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International: Global Tax Policy video series – UK perspectives on Pillar Two

by , and 1 Min Read

In this newest episode of Baker McKenzie’s Global Tax Policy Video Series, Kate Alexander, Miles Humphries and Nick Evans discuss recent UK perspectives on Pillar Two. They also discuss what UK businesses are doing now to prepare for implementation of the proposed Pillar Two changes, despite a welcome delay to the UK’s implementation schedule.

In Employment

United Kingdom: Employment Rights – Is 2022 the year of enforcement? (Video Chat)

by , and 2 Mins Read

The Baker McKenzie London Employment team is delighted to welcome you back to our virtual mini-series, “Employment Rights: is 2022 the year of enforcement?”, with episode four, which is part two of our holiday pay focus during which we’ve explored key considerations for employers who are managing the thorny issue of holiday pay. This episode builds on that discussion with analysis of the Supreme Court’s recent decision in the Harpur Trust v Brazel case, which is likely to require many employers to change the way they calculate holiday pay for atypical workers such as casual, bank and zero hours staff (amongst others).

In ESG

United Kingdom: The Government unveils its critical minerals strategy

by and 5 Mins Read

On 22 July 2022, the UK government published a policy paper entitled “Resilience for the future: The UK’s critical minerals strategy” (UKCMS). The UKCMS outlines how the UK will secure critical mineral supply chains to ensure the energy transition. It also sets out the UK state support for domestic production of critical minerals as well as enabling the supply from third-party nations.

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In Product Regulation & Liability

United Kingdom: The Consumer Duty – key changes in the final rules

by , , , and 2 Mins Read

On 27 July 2022, the FCA published its highly anticipated final rules and guidance on the new Consumer Duty, ushering in a fundamental cultural shift in the way that regulated firms will approach and serve customers, and starting the countdown clock for implementation plans across the industry.

In Employment

United Kingdom: Trade union law changes (agency workers and increase in damages) now in force

by , and 1 Min Read

Following the government’s recent announcement, Parliament has approved the removal of the prohibition on businesses using temporary workers to cover staff taking part in industrial action and increased the maximum amount of damages that a court can award against a trade union for unlawful strike action. These changes became effective on 21 July 2022.

In ESG

Africa: The impact of the G7’s multi-billion dollar plan on the continent’s infrastructure gap

by 6 Mins Read

The Partnership for Global Infrastructure Initiative (PGII) was launched in June 2022 at the G7 Summit in Germany. The PGII is a USD 600 billion lending initiative to fund infrastructure projects in the developing world, with a particular focus on Africa. One of the aims of the initiative is to help address the massive infrastructure investment gap in Africa.

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