UK to split from EU rules and unveil post-Brexit state aid regime
Business secretary Kwasi Kwarteng is expected to outline the new state aid regime (Getty Images)
Business secretary Kwasi Kwarteng will today outline the UK’s post-Brexit rules on government subsidies in a major break with the EU.
A statement from the Business, Energy and Industrial Strategy (Beis) department said the new set of rules, which supersede the EU’s state aid regime, will mean “local authorities, public bodies and the devolved administrations in Edinburgh, Cardiff and Belfast will be empowered to decide if they can issue taxpayer subsidies by following a set of UK-wide principles”.
Kwarteng confirms UK post-Brexit review of EU workers rights regulations
Kwasi Kwarteng took over as business secretary recently from Alok Sharma (Getty Images)
Business secretary Kwasi Kwarteng has confirmed his department launched a review into EU workers’ protections post-Brexit, but insisted there will not be a “bonfire of rights”.
Responding to reports that the government was preparing to rip up regulations that prevent Britons working more than 48 hours a week, Kwarteng told Westminster’s business select committee today that “we wanted to look at a whole range of issues relating to our EU membership and examine what we want to keep”.