At a glance: employment and incentives developments, July 2025

This month, our guide (link below) includes:

• Parental leave: Government launches full review of parental leave.
• Employment Rights Bill: Bill enters the final stages of its legislative process; government sets out implementation timetable; further government amendments proposed, including on fire and rehire, bereavement leave and NDAs.
• Equality Act 2010: EHRC updates its interim statement following the decision in For Women Scotland v Scottish Ministers.
• Non-financial misconduct: FCA announces that it will align rules on non-financial misconduct for banks and non-banks and launches consultation on further handbook guidance.
• Executive pay: PIRC’s updated Shareholder Voting Guidelines for 2025; HPC analysis of the first five years of CEO to UK employee pay ratio disclosures.
• Corporate governance: Private Member’s bill to remove shareholder primacy in directors' section 172 duty.
• Tax: Court of Appeal decision remuneration trust loans, disguised remuneration, and corporation tax deduction.
• Share plans: HMRC’s annual statistics report on tax-advantaged share plans; the LSE’s Private Securities Market under the PISCES framework.