Home / Commercial

Legal News

DBT opens consultation on UK Internal Market Act 2020 review

Copyright © 2025 LexisNexis

Published on: 07 February 2025

Published by LNB News

LNB News 07/02/2025

Document Information

Issue Date: 07 February 2025

Published Date: 07 February 2025

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Department for Business and Trade (DBT) has launched a consultation as part of its review of the United Kingdom Internal Market Act 2020. The review seeks to gather views on the Act's operation, focusing on market access principles for goods, services, and professional qualifications, as well as the role of the Office for the Internal Market. DBT aims to improve the Act's processes while maintaining its protections for businesses trading across the UK's internal borders. The consultation is open until 3 April 2025.

Popular documents

If a rentcharge is shown as being informally exonerated on title information, does this apply to the

If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some

Late payment penalties—inheritance tax

Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid

Strike out—making an application to strike out a statement of case

Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application

Can shares in a limited company that have not been paid-up at all be cancelled?

Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an