Tory Brexiteer Jacob Rees-Mogg, who introduced the bill when he was in government, called the move an "admission of administrative failure".
The UK incorporated thousands of EU laws into UK law to minimise disruption to businesses when the UK officially left the EU in 2020 - with an ongoing audit by civil servants having identified 4,800 so far. In a statement on Wednesday, Business Secretary Kemi Badenoch acknowledged the deadline had created "legal uncertainty" for businesses.
However, Labour called the move a "humiliating u-turn," accusing ministers of trying to "rescue this sinking ship of a bill". Peers were meant to start debating the bill last month, but the government was reported to have put it on hold until last week's local elections in England were over. Around 500 EU laws covering financial services had been exempted from the deadline, as they are due to be repealed by a separate bill making its way through the Commons. The same is expected for EU legislation affecting VAT and customs.However, the footprint of EU-era legislation is particularly large when it comes to environmental regulation.
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Source: i newspaper - 🏆 8. / 89 Read more »