Motor Industry - Legal Articles
A newspaper article recently declared that the politics and practicalities of workplace romantic relationships were a ‘minefield’, a statement that the majority of HR departments would likely agree with. Their article focussed on recent high-profile resignations of CEOs and Directors at large corporations like BP for not disclosing past workplace romances, both in the US and the UK. This article will focus on employees below the Director level and explain the current legal position in England and Wales as well as some practical guidance on how to approach this tricky area in practice.
The Workers (Predictable Terms and Conditions) Act 2023 has recently received Royal Assent and is expected to come into force next year, most likely later in 2024. Despite the somewhat late date the Act will come into force, which was by design to give employers a year to react, this article will outline the changes employers can expect when it does come into force.
On 31st July this year the Financial Conduct Authority’s (FCA) Consumer Duty comes into force for existing products and services. It will seek to ensure that customers receive 'good outcomes’ and that firms provide evidence that these outcomes are being met.
The new Rules and Guidance come into force on a phased basis: On 31 July 2023, the Consumer Duty will apply to all new products and services, and all existing products and services that remain on sale or open for renewal. It will then come fully into force on 31 July 2024 and will apply to all closed products and services.
Since the 2021 FCA rule changes regarding sales commissions, a major headache for MILS members has been the extremely high number of solicitors and claims management firms seeking to prosecute civil claims for return of commissions earned during the sale of vehicle finance.
In ‘Smarter Regulation to Grow the Economy’ (May 2023) the Government has announced a number of proposals to introduce legislation with the intention to grow the economy, as well as save red tape for businesses by simplifying regulations in a post-Brexit era.
A common problem employers face is dealing with employees who are off sick or in breach of contract. As the management of such issues can be onerous, employers can at times seek to circumvent the necessary processes in order to reach an amicable solution with the employee. Whilst there is nothing wrong with that per se, recent case law highlights how important it is that an employer only seeks to circumvent due process with care.
The Information Commissioner’s Office (ICO) has fined Halfords Limited £30,000 for sending 498,179 unsolicited marketing emails to people without their consent.