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Recent Editions
North America
Human Times
Apple has reduced employee budgets for AI usage as part of a broader effort to manage costs, even as the company seeks to expand the use of the technology across its operations. The move is indicative of a broader trend among technology companies that are now scrutinizing AI-related expenses after initially encouraging widespread adoption. Apple last month cut the daily AI spending allowance for some engineers to $200 from $300, and the firm is now weighing further reductions for some engineering teams, potentially lowering daily limits to $100. Employees who require greater access to AI tools would be able to seek exemptions from senior executives, according to people with knowledge of the change.
Full Issue
UK
Human Times
The government is urging businesses to publish salary details in job adverts now, ahead of planned legislation to make pay transparency compulsory. Ministers intend to introduce the law as soon as possible, arguing that upfront salary information will help jobseekers, particularly young people entering the workforce, make informed decisions and reduce pay discrimination. A government consultation found that 94% of respondents supported greater transparency. Data from jobs website Adzuna shows that only 51% of adverts included salary information in September, and the proportion has fallen in recent years. However, the Chartered Institute of Personnel and Development (CIPD) warns that setting salaries is more complicated than it appears, because employers needed flexibility to reflect candidates' skills, experience and potential. It argues that transparency is desirable but that the wording of job adverts should be left to employer practice rather than government regulation.
Full Issue
USA
Education Slice
U.S. school districts face a mixed funding outlook following the 2026 midterm elections, with voters approving new statewide education investments while rejecting numerous local tax increases and imposing additional property tax restrictions. Minnesota approved a permanent funding source for K-12 education, Colorado backed measures to increase public revenue, and Washington retained its millionaire tax. However, only five of 39 proposed school income tax levies passed in Ohio, while Virginia voters approved school construction sales taxes in just 15 of 47 localities. North Carolina and Florida also backed property tax restrictions, potentially limiting education-related funding. Meanwhile, Democrats secured majorities in both chambers of Congress, creating opportunities to increase federal support for low-income students and special education programs. The results highlight growing tensions between school funding needs, taxpayer affordability, and competing education priorities.
Full Issue
USA
Accountancy Slice
The IRS has announced inflation adjustments to nearly 70 federal tax provisions for the 2027 tax year, generally affecting returns filed in 2028. The standard deduction will increase to $33,200 for married couples filing jointly, $16,600 for single filers, and $24,925 for heads of household. The maximum child tax credit will rise to $2,300, including a refundable portion of up to $1,800. Income tax bracket thresholds will also increase, with the highest 37% rate applying to taxable income above $661,375 for individuals and $793,650 for married couples filing jointly. Additional changes include raising the estate tax exemption to $15.48m, the annual gift tax exclusion to $20,000, and the maximum earned income tax credit for families with three or more qualifying children to $8,496. Personal exemptions will remain at zero.
Full Issue
Scotland
Legal Matters Scotland
A public inquiry into group-based child sexual abuse and exploitation in Scotland will begin next Wednesday, led by Professor Alexis Jay. Education Secretary Mairi McAllan said it would examine abuse between 1996 and the present day, including the scale of offending, its impact on survivors and potential failures or concealment by authorities. The inquiry will also consider improvements to child protection while its work continues and aims to make practical recommendations to prevent further abuse. Addressing parliament, McAllan said the inquiry would have the "strongest possible powers to examine the full extent of sexual abuse and exploitation". McAllan added that the Scottish and UK inquiries would "complement and not replicate" the work of each.
Full Issue
North America
Legal Slice
A&O Shearman is set to invest $1.1bn over the next five years to enhance its AI capabilities, requiring each practice to dedicate at least 3% of its time to developing specialized AI tools. Hervé Ekué, A&O Shearman’s global managing partner, said: “This significant investment signals where we intend to take the firm over the next decade. AI lets us bring an enhanced skillset to our clients’ work, however complex, on a global scale and in a way that wasn’t possible before.” He added: “The firm that leads will combine exceptional legal judgement with the speed and scale to apply it consistently, anywhere in the world. We intend to be that firm and that is what this investment accelerates.”
Full Issue
Europe
Risk Channel
From today, Risk Channel becomes Risk Slice, joining Industry Slice’s family of free daily B2B newsletters covering multiple industry sectors. You’ll still get the same weekday-morning briefing on the trends, regulation and developments that matter to risk and compliance professionals. Each issue is curated and summarised with the help of AI and checked by our editorial team.
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North America
CFO Slice
Chief financial officers are increasingly optimistic about artificial intelligence investments, with 54% expecting significant positive returns within 24 months, compared with just 10% currently achieving such results, according to an RGP survey of 400 finance executives across North America, Europe, and Asia Pacific. Larger companies are seeing stronger returns, with 17% of businesses generating at least $5bn in annual revenue reporting significant AI ROI, compared with just 1% of those generating less than $1bn. Meanwhile, 84% of technology-sector CFOs reported positive AI returns, and 89% of all respondents expressed confidence in their organizations' financial outlook. However, RGP warned that successful AI adoption depends on effective integration, governance, and workforce change management, with organizational resistance and unclear accountability potentially limiting expected financial benefits.
Full Issue