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Business Update
09 September 2020
Type
Written Ministerial Statement
Department
Department for Business, Energy and Industrial Strategy
At a Glance
Issue Summary
The statement provides updates on the Government's plans for a new subsidy control regime to replace EU State aid rules post-Brexit.
Action Requested
The government will publish guidance by year-end explaining WTO rules and any related FTAs, consult on potential enhancements including legislation, remove redundant EU State aid rules through secondary legislation, and introduce the UK Internal Market Bill in Parliament.
Key Facts
- Government plans to follow World Trade Organisation subsidy control rules from January.
- Guidance for UK public authorities will be published by year-end explaining these rules.
- A consultation on whether to go further than existing commitments will be launched soon.
- Secondary legislation will remove redundant EU State aid rules at the end of the transition period.
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Assessment & feedback
Summary accuracy