• In Focus

    Spring statement 2022: key announcements and analysis

    The Chancellor of the Exchequer, Rishi Sunak, presented the 2022 spring statement to the House of Commons on 23 March 2022. He said the measures in the statement would support the British people in dealing with rising costs of living. He announced some changes to the tax system and new spending commitments. Alongside the statement, the Office for Budget Responsibility (OBR) published revised forecasts for the economy and the public finances.

  • In Focus

    Taxis and Private Hire Vehicles (Disabled Persons) Bill

    The Taxis and Private Hire Vehicles (Disabled Persons) Bill would amend sections of the Equality Act 2010 relating to disabled people’s use of taxis and private hire vehicles. It aims to reduce discrimination against disabled people and address the barriers they face when accessing taxi and private hire vehicle services by creating new offences aimed at drivers and operators of such vehicles in Great Britain.

  • In Focus

    New code of practice for private parking facilities

    The Private Parking Code of Practice is intended to improve drivers’ experience of private parking facilities. It includes guidance on a number of matters, for example caps to penalty charges and how they can be appealed, signage and professional standards. Although welcomed by many for its potential impact on drivers, concerns have been raised about whether the Government has adequately assessed the impact on the operators of private parking facilities.

  • In Focus

    Pension Schemes (Conversion of Guaranteed Minimum Pensions) Bill

    The Pension Schemes (Conversion of Guaranteed Minimum Pensions) Bill is a private member’s bill introduced into the House of Commons by Margaret Ferrier (Independent MP for Rutherglen and Hamilton West). It aims to clarify how occupational pension schemes can convert historic rights to certain pension entitlements into current scheme benefits. In the House of Commons stages both the Government and the Opposition supported the bill.

  • In Focus

    Economic Affairs Committee report on universal credit

    In July 2020, the House of Lords Economic Affairs Committee published a report on universal credit. It concluded that although the original aims and objectives of the benefit remained broadly correct, the system required substantial reform as its current design was causing harm to many claimants. The Government subsequently rejected most of the committee’s recommendations. The House of Lords will soon debate the committee’s report.

  • Research Briefing

    Economic Crime (Transparency and Enforcement) Bill

    The Economic Crime (Transparency and Enforcement) Bill is a government bill that is being fast-tracked through Parliament. It completed its second reading and remaining stages in the House of Commons on 7 March 2022. The bill would make provision in three areas: part 1 would introduce a register of the beneficial owners of overseas entities that owned land in the UK; part 2 would make changes to strengthen unexplained wealth orders; and part 3 would make changes to sanctions legislation to help deter and prevent breaches of financial sanctions.

  • In Focus

    Trade union regulations: regret motion

    The Government has introduced regulations that would allow the Certification Officer, which regulates trade unions and employers’ associations, to charge a levy to fund its work. A second set of regulations would give the post holder powers to impose financial penalties on relevant bodies for non-compliance with statutory requirements. The Labour Party opposed the proposals in the House of Commons on the grounds they would harm trade unions and workers’ rights.

  • In Focus

    Ukraine sanctions and the Swift system

    There has been extended debate on whether Russia should be banned from the international Swift system as part of the package of economic sanctions following its invasion of Ukraine. On 26 February 2022, the international community announced that selected Russian banks would be barred. This article looks at what Swift is, why it is significant and whether a ban would be likely to achieve its intended effect of restricting the Russian economy.

  • In Focus

    UK trade with Russia

    In 2021, the UK had a trade deficit with Russia of over £5 billion. Following Russia’s invasion of Ukraine in February 2022, the UK has imposed a range of economic sanctions on Russia. This article presents data on UK-Russia trade and summarises the sanctions legislation.

  • In Focus

    Impact of the Protocol on Ireland/Northern Ireland on recent political developments in Northern Ireland

    Amid ongoing objections to the protocol from unionist parties, Northern Ireland’s First Minister recently resigned. This followed an attempt by the Minister for Agriculture, currently subject to legal challenge, to halt checks required by the protocol on goods arriving in Northern Ireland from Great Britain. This article considers the Government’s assessment of the protocol’s impact on recent political developments in Northern Ireland ahead of a debate in the House of Lords.

  • In Focus

    Older workers in the UK

    Recent labour market figures show a record number of job vacancies and increased economic activity in the UK. It has been suggested that one reason for this could be that older workers are leaving the workforce at a higher rate than before. This article considers how the pandemic has impacted older workers and what actions the Government has taken.

  • In Focus

    Taxis and Private Hire Vehicles (Safeguarding and Road Safety) Bill

    On 4 March 2022, the House of Lords is due to debate the second reading of the Taxis and Private Hire Vehicles (Safeguarding and Road Safety) Bill. The bill would oblige taxi and private hire vehicle licensing authorities to submit information about refusals, suspensions and revocations of driver licences to a national database. Licensing authorities would also have to check the database before making licensing decisions.

  • In Focus

    Motor Vehicles (Compulsory Insurance) Bill

    The Motor Vehicles (Compulsory Insurance) Bill is a private member’s bill introduced in the House of Commons by Peter Bone (Conservative MP for Wellingborough). It aims to reverse a 2014 decision of the Court of Justice of the European Union that expanded the types of vehicles required to have compulsory third-party motor insurance. The bill received Government support in the Commons and the Labour Party did not oppose it. Its second reading in the House of Lords is scheduled to take place on 18 March 2022.

  • In Focus

    Finance (No. 2) Bill

    The Finance (No. 2) Bill is a government bill intended to give lasting statutory effect to tax measures announced both in the October 2021 budget and more recently. The bill underwent a series of changes during its passage through the House of Commons. This briefing summarises these developments and also some of the criticism of the bill’s objectives from the House of Lords Economic Affairs Finance Bill Sub-Committee.