The new Subsidy Control Bill (the Bill) recently had its first reading in the House of Commons. Once passed into law, this Bill will introduce a new UK regime regulating the distribution of subsidies from government bodies to businesses in the UK.
The Bill is significant and is expected by many to be the biggest change to the UK’s legislative landscape since Brexit. Undoubtedly, the Bill will bring about a dramatic shift from the previous European state aid system that applied to the granting of state subsidies in the UK prior to 2021.
Read our full summary and analysis of the key points of the bill here.
