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Recent Editions
North America
Human Times
A group of workers at Google has filed a complaint with the U.S. National Labor Relations Board, claiming that the company unlawfully fired them for protesting its cloud contract with the Israeli government. The workers allege that Google interfered with their rights under U.S. labor law to advocate for better working conditions. The complaint seeks reinstatement to their jobs with back pay and a statement from Google that it will not violate workers' rights to organize. Google has not yet responded to the complaint. The workers claim that the project supports Israel's development of military tools, but Google has stated that the contract is not related to sensitive or military workloads. One of the workers, Zelda Montes, who was arrested during a protest, said that Google fired employees to suppress organizing and send a message to its workforce. The NLRB general counsel will review the complaint and attempt to settle the claim. If that fails, the general counsel can pursue the case before administrative judges and a five-member board appointed by the U.S. president.
Full IssueUK
Human Times
Over a fifth of white-collar jobs in London are now fully remote, as employers in the UK capital embrace working from home to attract staff seeking higher pay without the high living costs. A survey by recruiter Hays found that the proportion of remote jobs in London has risen from 18% to 22%, making it equal to the east of England as the UK region with the highest number of fully remote jobs. Lorraine Twist, a finance director at Hays, says remote contracts are attractive to candidates who can enjoy a London salary without the commute and high property prices. The survey also revealed that the proportion of London staff working entirely in the office has decreased, while hybrid jobs have also declined. The findings suggest that parts of the UK labour market remain tight as firms compete for talent.
Full IssueUSA
Education Slice
Senate Bill 1115, which proposes training for all California teachers and aides in math and reading, has passed its initial legislative hurdle despite not having a designated funding source and facing skepticism from advocates for English learners. The bill, sponsored by State Superintendent of Public Instruction Tony Thurmond and authored by Sen. Monique Limon, aims to enhance early literacy and numeracy skills amidst a tight fiscal year in which Gov. Gavin Newsom has suggested that funding for new programs is unlikely. The bill does not specify a cost but acknowledges the significant investment required to train California's 300,000 teachers, potentially amounting to hundreds of millions of dollars. Thurmond emphasized the moral clarity in training educators with proven strategies to improve student learning, leveraging significant brain science insights. Critics, particularly advocates for English learners, have expressed concerns that the bill's emphasis on the "science of reading," which includes programs like Lexia LETRS and CORE Learning, might disproportionately focus on phonics at the expense of broader language skills that are crucial for English learners. These programs, while backed by research, are seen by some as not sufficiently addressing the diverse needs of all students. The bill encourages the use of existing federal and state COVID relief funds, which have not been earmarked specifically for this purpose, to finance the necessary teacher training.
Full IssueUSA
Accountancy Slice
With the $10,000 state and local tax (SALT) cap set to expire, states have less than two years to take advantage of pass-through entity (PTE) tax benefits, warns Luke Lucas, associate director of state and local tax services with Berkowitz Pollack Brant. The tax workaround, adopted by 36 states and New York City, presents an opportunity for both states and taxpayers. After the SALT cap went into effect, states sought relief for their taxpayers. The most acceptable workaround was a PTE tax introduced in Connecticut. Legislators in many states quickly enacted their own version of a PTE tax. The Pennsylvania Department of Revenue opposes a PTE tax election due to fiscal impact and timing issues. However, the state has the flexibility to address these challenges. States decoupling from Section 164(a)(3) of the Internal Revenue Code could break even from a revenue standpoint. Providing federal tax savings opportunities could prevent a state's tax base from relocating. It's important for states to act fast to maximize tax benefits before the deadline.
Full IssueScotland
Legal Matters Scotland
Former Deputy First Minister John Swinney is set to become Scotland's seventh First Minister, after he announced his bid for the SNP leadership yesterday, while Kate Forbes, his only likely rival in a potential contest, announced following First Minister's Questions that "the best way to deliver the urgent change Scotland needs is to join with John Swinney and advocate for that reform agenda within the Scottish Government", and that she would not therefore be seeking nomination as the party's leader. Mr Swinney has said he wants Ms Forbes to "play a significant part" in Government, and stressed that he did not see himself as an "interim leader". "I intend to lead through the Westminster election and through the 2026 election", he said, "Contests I intend to win." Responding to the day's news, polling expert Professor Sir John Curtice said the change of leadership could provide a "reset moment", saying the party needs to "get somebody in place who can unite the party, get an accommodation with the Greens and project the party and the cause of independence much more effectively than was the case for the last 12 months".
Full IssueNorth America
Legal Slice
Two bills in Louisiana are seeking to regulate the litigation finance industry. One bill requires parties to disclose litigation finance agreements within 60 days after filing a civil action, while the second bill requires disclosure of litigation finance if a foreign entity is the source of funding. The bills aim to restrict the practice of investors paying for the cost of lawsuits in return for a share of the proceeds. The U.S. Chamber of Commerce supports the legislation, stating that the litigation finance industry encourages frivolous lawsuits. Last year, similar legislation was vetoed by the governor, but with a change in governors, lawmakers hope for a different outcome. Other states have also introduced legislation to regulate litigation finance. The bills have faced mixed results in state legislatures, with some states enacting laws to block foreign entities from funding lawsuits. The U.S. Chamber of Commerce warns of the risks of litigation finance, stating that it pressures businesses to settle even when claims lack merit. The Chamber supports the Louisiana bills, though it considers one of the proposals to be "under inclusive." The litigation finance industry has defenders in state houses, with some arguing that the Chamber is attempting to pass a bill in support of national regulation.
Full IssueEurope
Risk Channel
Firms offering payment services in the UK have been given until March 2025 to meet new 'operational resilience' standards. These standards aim to ensure that firms can effectively respond to disruptions such as cyber attacks, IT glitches, or extreme weather events. The Bank of England (BoE) has introduced these standards to minimise disruptions that can lock customers out of their accounts or prevent them from making payments. The standards include "impact tolerances," which determine the maximum acceptable duration of a disruption before it causes serious harm to customers or financial stability. Sasha Mills, the BoE's Executive Director for Financial Market Infrastructure, emphasized the importance of confidence in financial market infrastructure services and called for greater engagement between financial market infrastructure (FMI) firms, participants, and the wider market. Mills also highlighted the need for FMIs to improve their testing approaches and develop robust remediation plans.
Full Issue