May 13, 2026, 11:57 GMT | Official Statement
MLex Summary: The UK government announced a raft of new legislation on Wednesday, revealing plans for 37 bills in the coming session of Parliament, many to help boost economic growth. They include a Competition Reform Bill, partly aimed at speeding up antitrust probes; an Enhancing Financial Services Bill that will reform the
Financial Ombudsman Service, dismantle the Payment Systems Regulator and lighten the burden of the senior managers accountability regime; a Regulating for Growth Bill that will strengthen regulators' duty to promote growth and expand "sandbox" powers to help companies test new products; a Courts Modernisation Bill, including allowing judge-only trials for complex cases and lengthy fraud cases; and a Cyber Security and Resilience Bill extending the remit of current regulations.
Tags
Sections:
Antitrust, Data Privacy & Security, Financial Crime, Mergers & Acquisitions, Financial Services, Technology, Intellectual Property, DealRisk®
Industries:
Agriculture, Forestry, Fishing & Hunting, Automotive, Banking & Finance, Chemicals, Construction, Consumer Products, Computing & Information Technology, Defense & Aerospace, Educational Services, Energy & Utilities, Entertainment & Arts, Environmental Industry, Health Care, Insurance, Manufacturing, Mining & Extraction, Marketing & Advertising, Media & Telecommunications, Pharmaceuticals & Biotechnology, Professional Services, Real Estate, Retail & Wholesale Trade, Transportation & Warehousing, Travel, Hospitality & Tourism, Waste Management & Remediation Services
Geographies:
United Kingdom, Europe, Northern Europe