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The Lens Newsletter - November 2025 A selection of our latest blogs on all things digital from our experts and thought leaders here at Slaughter and May. Gen AI and copyright in Europe – Munich Regional Court seeks to determine the rules of the playing field In the recent Getty Images v... Autumn 2025 HR Budget speedread Today’s much-awaited UK Budget did not contain the increases to the rates of income tax, National Insurance Contributions (NICs) or capital gains tax widely trailed in the press over the last few weeks. That said, employees (and their employers) are still... Autumn Budget 2025 Hub On 26 November 2025, the Chancellor of the Exchequer delivered the Autumn Budget.  Following months of speculation, the Chancellor opted for a broad range of narrower, targeted measures including changes to reliefs, new anti-avoidance rules and a... Autumn Budget 2025: balancing the books for energy and infrastructure investment On 26 November 2025, the Chancellor, Rachel Reeves, delivered her second Budget. Facing a challenging fiscal landscape of stalled economic growth, above-target inflation, and high government borrowing, she emphasised the need to ... Competition and Regulatory Newsletter: CMA’s three-year strategy aims to drive growth and improve household prosperity whilst promoting competition and protecting consumers On 20 November 2025 the Competition and Markets Authority (CMA) published its three-year strategy for 2026 to 2029. The strategy, which aims to promote competition and the protection of consumers with the ultimate goal of driving economic growth and... In-Depth: Banking Litigation – 9th edition – Hong Kong chapter Against a backdrop of corporate failures connected to China’s real estate sector, Hong Kong (as Asia’s leading financial centre) has seen a steady stream of adjacent financial services related disputes. This year’s In Depth: Banking Litigation (formerly... Securing the future of AIM: London Stock Exchange publishes intended changes to AIM rules The London Stock Exchange has published a Feedback Statement setting out a roadmap for the future of AIM, including details of deregulatory changes that will be made to the AIM Rules. This briefing highlights the key points in the Feedback Statement and... SFO Turns the Spotlight on Corporate Compliance Programmes On 26 November, the Serious Fraud Office (SFO) published updated Guidance on Evaluating Corporate Compliance Programmes. In its accompanying press release, the SFO describes the new Guidance as part of its “refreshed” approach to corporate engagement –... In-Depth: Banking Litigation – 9th edition – United Kingdom chapter The 9th edition of In-Depth: Banking Litigation, provides a practical overview of the litigation landscape and framework for banking disputes in major jurisdictions worldwide. Focusing on recent developments and trends, it examines a wide range of issues... A new approach to competition policy? Reflections on Ribera's first year Teresa Ribera’s appointment last December as the EU’s Competition Commissioner came in the wake of Mario Draghi’s report, which advocated for a revamped approach to competition and merger reviews to boost growth and innovation in the EU, and with a clear...