Economy Legislation

Regulations governing economic policy, monetary matters, taxation, public spending, and market regulation.

The Automated Vehicles Act 2024 (Commencement No. 1) Regulations 2025

These Regulations, made by the Secretary of State under the Automated Vehicles Act 2024, specify the first set of provisions from that Act that will come into force on 1st January 2026.

Specifically, they activate sections strengthening laws against tampering with vehicle equipment (including software) and fitting unsuitable parts, and they also activate sections that grant the Secretary of State power to regulate the restriction of certain terms, the collection and protection of information, and other administrative procedures, though these latter powers are currently only active for the purpose of making subsequent regulations.

The Procurement Act 2023 (Specified International Agreements and Saving Provision) (Amendment) Regulations 2025

These Regulations amend the Procurement Act 2023 to incorporate the procurement obligations stemming from two international agreements: the Strategic Partnership and Cooperation Agreement with Kazakhstan and the Partnership and Cooperation Agreement with Iraq.

The amendments specify these treaties as 'specified international agreements' under Schedule 9 of the 2023 Act, granting treaty state suppliers reciprocal treatment under certain conditions, excluding procurements regulated by the Welsh Ministers.

Furthermore, the instrument modifies the 2024 Commencement and Saving Provisions Regulations to ensure consistency, allowing the procurement chapters of these new agreements to apply to procurements still governed by the retained 2015 and 2016 procurement legislation, with transitional rules protecting procurements already underway.

This Order, made by HM Treasury under the Government Resources and Accounts Act 2000, revises the list of designated central government bodies for the purpose of calculating supply estimates and resource accounts for the financial year ending March 31, 2026.

Specifically, it substitutes the entire Schedule of the principal Order (The Government Resources and Accounts Act 2000 (Estimates and Accounts) Order 2025) with an updated list organized by government department, adding, renaming, or removing various public sector bodies.

The Financial Services and Markets Act 2023 (Prudential Regulation of Credit Institutions) (Consequential Amendments) Regulations 2025

Published: Tue 16th Dec 25

These Regulations, made by the Treasury using powers granted under the Financial Services and Markets Act 2023, introduce consequential amendments to primary and secondary UK financial legislation.

The regulations align existing laws, specifically mentioning the Banking Act 2009 and various 2014, 2019, and 2020 secondary legislation, with the broader changes stemming from the revocation of retained EU law concerning prudential regulation, taking effect on January 1st, 2026.

The Old Trafford Regeneration Mayoral Development Corporation (Establishment) Order 2025

Published: Tue 16th Dec 25

This Order legally establishes the Old Trafford Regeneration Mayoral Development Corporation, effective January 23rd, 2026, granting it authority over a specific Mayoral development area defined by a designated map.

The Secretary of State makes the Order by exercising powers under the Localism Act 2011, as modified by the Greater Manchester Combined Authority (Functions and Amendment) Order 2017, following notification from the Mayor regarding the area designation and the corporation's intended name.

The Atom Valley Northern Gateway Mayoral Development Corporation (Establishment) Order 2025

Published: Tue 16th Dec 25

This statutory instrument formally establishes the Atom Valley Northern Gateway Mayoral Development Corporation by exercising powers granted under the Localism Act 2011, as modified by related orders concerning Greater Manchester.

The Order defines the precise Mayoral development area using a specific map, names the new corporation, and sets the commencement date for its operation as January 16th, 2026.

The Immigration Skills Charge (Amendment) Regulations 2025

Published: Mon 15th Dec 25

These Regulations amend the Immigration Skills Charge Regulations 2017 by updating the list of occupations exempt from the charge to align with version 12 of the Standard Occupational Classification (SOC) 2020 Index and simultaneously increase the ISC charges payable by sponsors by 32%.

The power to make these regulations is exercised by the Secretary of State with the consent of HM Treasury, and they come into force on December 16th, 2025, extending across the entire United Kingdom.

The Procurement Act 2023 (Commencement No. 4) Regulations 2025

These Regulations, made by the Minister for the Cabinet Office with the consent of the Welsh Ministers, exercise powers under the Procurement Act 2023 to bring specified provisions of that Act into force across England, Wales, Scotland, and Northern Ireland on set dates in 2026.

Specifically, sections concerning payments compliance notices (Section 69) and contract performance assessment (Section 71) come into force for most procurements on January 1st, 2026, while Section 69 (for Welsh-regulated procurements) and Section 70 (information about payments) commence on April 1st, 2026, with mechanisms defined to differentiate between procurements regulated by the UK government and those regulated by the Welsh Ministers.