Skip to content
Monday 31 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,824.26
+0.29%
DAX
26,258.11
-1.17%
CAC 40
8,334.50
-0.79%
STOXX 50
6,420.16
-1.01%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Friday 06 May 2022 4:37 pm

Ministers set to unveil data reform bill in Queen’s Speech

By: Charlie Conchie

City Editor

Add as a preferred source on Google
Skyscrapers in London's Square Mile
London has beaten cities like New York and San Francisco in terms of attracting FDI into tech projects in the UK

Ministers are preparing to unveil a new data reform bill to allow the UK to split from EU privacy laws, according to reports.

The government will unveil the data reform bill plans in the Queen’s Speech next week in a bid to show it has delivered a “Brexit dividend” ahead of the next general election, Sky News first reported.

But industry representatives told Sky the reforms could potentially cost the economy more than they deliver if done improperly..

Businesses are said to fear that if the reforms do not allow the UK to deviate far enough from the EU, they will not deliver a boost but may also lose firms “data adequacy status”, which could mean they are slapped with higher compliance costs when dealing with the EU.

The bill is reportedly part of a wider package of reforms set to be unveiled by government this summer which includes scrapping cookie consent banners, despite these being enshrined in UK regulations rather than the EU’s General Data Protection Regulation rules (GDPR).

Government consulted with industry on potential reforms to data regulation and industry body techUK has called for ministers to retain the “fundamental principles” GDPR, which would all changes to the laws but would not jeopardise firms’s data adequacy.

Neil Ross, associate director for policy at techUK, said: “Developing a clearer, more trusted and innovation-enabling data governance system is one of the most obvious opportunities of Brexit.”

Read more

 Burnham to unveil new cost of living measures on UK tour

Andy Burnham, Mayor of Greater Manchester, speaking outdoors with a lapel microphone on his suit jacket.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Tech

Trending Articles

  • Mead Johnson Welcomes Defense Verdict in Inman Case

  • Everest Publishes 2025 Global Loss Triangles

  • Angel’s Profits Grew Robustly in the First Half of 2026 with Europe and North America Turning Profitable Ahead of Schedule

  • Badenoch bets on experience as Griffith and Tugendhat claim shadow cabinet top spots

  • Sex Education star makes investment into women’s football vehicle

More from Morning Wire

  •  Burnham to unveil new cost of living measures on UK tour

    Politics
    Andy Burnham, Mayor of Greater Manchester, speaking outdoors with a lapel microphone on his suit jacket.
  • Jenrick: Welfare cuts worth £50bn allows us to ‘sustainably pay’ triple lock pension

    Politics
    Robert Jenrick speaking at a podium with BRITAIN NEEDS REFORM sign, delivering a speech.
  • Lammy’s cohabitation rules threaten unmarried couples with ‘horrendous’ court costs

    Legal
    Foreign Secretary David Lammy is set to hold talks with officials about Iran and Israel.
  • Burnham to crack down on vape and betting shops 

    Politics
    Retail display shelf in a shop showing various vape products, candy, and gum, with clear pricing and warning labels.
  • Jenrick pledges reform for small businesses

    Politics
    Robert Jenrick speaking at a podium with BRITISH WORKERS FIRST displayed, gesturing with his right hand.
  • IPO tweaks are welcome, but London’s market needs root and branch reform

    Opinion
    Busy London Stock Exchange trading floor in the 1980s with brokers at hexagonal trading posts.
  • Labour’s ‘chaotic’ zero-hour crackdown could cost firms £3bn per year

    Economics
    Andy Burnham, Mayor of Greater Manchester, in a suit and glasses, looking serious against a bright sky.
  • Vibes matter with tax, so here’s how Healey can deliver a feel-good Budget

    Opinion
    Chancellor John Healey smiling, wearing a navy suit, white shirt, and red tie.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook