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UK Employment Rights Act 2025 Reforms

The UK's Employment Rights Act 2025, passed on December 18, 2025, introduces significant reforms to employment law. These changes, phased in from 2026 to 2027, affect industrial action, family leave, statutory sick pay, and dismissal rights, with the establishment of a new Fair Work Agency.

Net-Zero GHG Emissions News and Views

Baker Botts L.L.P. has published Edition 42 of their 'P2N0 - News and Views on the Drive Towards Net-Zero GHG Emissions' newsletter. This edition, dated March 6, 2026, provides updates and insights on the global efforts to achieve net-zero greenhouse gas emissions.

Basel Committee Report on Synthetic Risk Transfer Markets

The Basel Committee on Banking Supervision has published a report analyzing the growth of synthetic risk transfer (SRT) markets, which provide capital relief for banks managing corporate credit risk. The report identifies trends and supervisory concerns, estimating protected assets at approximately EUR 750 billion.

Court Orders Tariff Refunds for Importers

The U.S. Court of International Trade has ordered U.S. Customs and Border Protection to refund duties collected under the now-unlawful IEEPA tariffs. This decision follows a Supreme Court ruling and impacts importers nationwide, with specific actions required for refund eligibility.

Court Orders Refund of Invalid Tariffs on IEEPA Goods

The U.S. Court of International Trade ordered U.S. Customs and Border Protection to refund invalid tariffs charged under the International Emergency Economic Powers Act (IEEPA). This ruling provides nationwide relief for importers, though an appeal is expected.

EU and Canada Launch Digital Trade Agreement Negotiations

The EU and Canada have launched negotiations for a Digital Trade Agreement (DTA) to facilitate digital trade and enhance consumer protection. This agreement aims to establish clear rules for digital transactions, building on the existing CETA framework and complementing the non-binding Digital Partnership.

EU-Canada CETA Trade Agreement Updates and Digital Trade Negotiations Launched

The EU and Canada have advanced their trade relationship under the CETA agreement by adopting an interpretation on investment provisions and expediting dispute resolution for SMEs. They also agreed to amend the GMP Protocol to include active pharmaceutical ingredients and launched negotiations for a Digital Trade Agreement.

Hull City Council Contract Award: Public Realm Upgrades

Hull City Council has awarded a contract to Eric Wright Civil Engineering Limited for public realm upgrades on High Street, Kingston upon Hull. The contract value is approximately £524,807.74 and is scheduled to run from April to August 2025.

Invitation to Tender: Kitchen Replacement and Upgrade

Bolsover District Council has issued an invitation to tender for a kitchen replacement and upgrade program for council-owned homes, with an estimated value of £3.24 million. The tender notice, published on March 6, 2026, outlines the scope of works and submission deadlines for interested contractors.

Bradford College Jisc Membership Contract Notice

UK Government published a contract notice for Bradford College regarding a Jisc Membership Subscription. The contract value is £34,606.53 excluding VAT and is effective from August 1, 2025, to July 31, 2026.