Progress on Economic Crime and Corporate Transparency Act 2023 Implementation

Progress Being Made on the Implementation of the Economic Crime and Corporate Transparency Act 2023 The first progress report for the implementation and operation of the Economic Crime and Corporate Transparency Act 2023 has been published by the Department for Business and Trade. This act received Royal Assent in October 2023, serving to fight illicit…

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National Wealth Fund Announced for Unicorn Startups

The National Wealth Fund Supporting Unicorn Startups in the United Kingdom The UK Government recently announced a new National Wealth Fund to drive economic growth and attract large private sector investments. The fund has targeted investments for inducing high growth of industries, along with investments in creating an environment where most unicorn startups will thrive.…

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Landmark Trade Agreement Signed Between UK and EU

UK and EU Agree to New Trade Agreement Benefiting Northern Ireland Traders The UK and EU have agreed on a landmark trade agreement that will see Northern Ireland’s businesses benefit from an improved trading environment. This new package ensures that Northern Ireland traders can fully benefit from the United Kingdom’s independent free trade policy, reaffirming…

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Digital Markets, Competition and Consumers Act Receives Assent

Digital Markets, Competition and Consumers Act Receives Assent Launched to Protect Online Shoppers Following Royal Assent, the Digital Markets, Competition and Consumers Act (DMCCA) has officially become law in the United Kingdom. This legislation introduces significant reforms to the UK’s competition and consumer protection laws, marking the most substantial overhaul in a decade. The new Act…

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UK Attracts £2 Billion Investment in the Tech Sector in a Single Week

£2 Billion Investment in the Tech Sector in the United Kingdom in a Single Week In an extraordinary week for the United Kingdom, over £2 billion has been invested by world-leading companies in the tech sector. The Chancellor has hailed this as a testament to the nation’s robust economic conditions and attractive investment opportunities. Leading…

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