Following the end of the transition period on 31
December 2020, the UK has the freedom to design a new
domestic subsidy control regime that reflects our
strategic interests and particular national
circumstances.
The government aims to deliver a regime that:
- facilitates strategic interventions to support
government priorities, including supporting the
economy’s recovery from COVID-19
- takes account of the economic needs of the UK’s
individual nations and strengthens the economic bonds
of our Union
- protects the UK’s competitive and dynamic market
economy
- ensures that subsidies in the UK are given in line
with our international commitments including those in
the UK-EU Trade and Cooperation Agreement
(TCA)
This consultation invites views on the best way to
design a bespoke approach to subsidy control. The
government is seeking thoughts on any additions to the
principles underpinning the regime, as well as any
subsidies which should be excluded from the commitments
to these principles. We are also asking for views on
how to best manage the most distortive kinds of
subsidies, in addition to opinions on the role and
powers of the independent body that will oversee the
regime.
Subject to stakeholder views, and any evidence received
as part of this consultation, the government will bring
forward primary legislation to establish in domestic
law a subsidy control system that works for the
entirety of the UK.
See the BEIS
consultation privacy notice.
Please do not send responses by post to the department
at the moment as we may not be able to access them.
