Currently, UK and EU businesses can freely share personal data across international borders. However, if the UK departs from European levels of protection, international data transfers could be restricted, presenting EU and UK businesses with a bureaucratic challenge. On 8th March 2023, hailed by the government as a ' Brexit dividend' that would create a more business-friendly data protection regime that promotes growth and innovation, while upholding individuals' rights.
The government claims the Bill 'would seize the post-Brexit opportunity to boost the economy by £4.7 billion over the next decade.' Despite these bold claims (which mercifully have not been written on the side of a bus), the bill has not had an easy passage through Parliament. This is the government's second attempt to reform the UK data protection regime, the first Data Protection and Digital Information Bill having..
UK EU Data Protection International Data Transfers Brexit Business-Friendly Growth Innovation Parliament
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