Brexit LIVE: Civil Service ‘still refusing to accept UK left EU’ | City & Business | Finance
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The Queen’s speech will see Boris Johnson set out a new data reform bill to separate the UK from EU privacy legislation.
Shortly after Her Majesty’s speech next Tuesday, May 10, the government will announce data protection reforms following consultation with businesses and civil society, according to Sky News.
The full package, with a draft bill slated to be published this summer, includes scrapping cookie consent banners – although these are not actually covered by the General Data Protection Regulation (GDPR) but the UK’s Privacy and Electronic Communications Regulations.
However, the discussion will likely spark over whether the changes risk compromising the UK’s data adequacy status with the EU, which could affect the flow of data between the two.
A report by the New Economics Foundation gave what it described as a conservative estimate that if the UK were to lose its adequacy status, business costs would shoot up by at least £1.6billion over the next 10 years.
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