Economy Legislation
Regulations governing economic policy, monetary matters, taxation, public spending, and market regulation.
The Designation of Special Tax Sites (Flintshire and Wrexham Investment Zone) Regulations 2025
These Regulations, enacted by the Treasury under powers from the Finance Act 2021, officially designate specific areas in Flintshire and Wrexham as 'special tax sites' effective from November 21st, 2025, based on their location within or connection to the designated investment zone; this formal designation qualifies expenditure on plant, machinery, structures, and buildings within these sites for enhanced capital allowances under the Capital Allowances Act 2001.
The Public Offers and Admissions to Trading (Amendment and Consequential and Transitional Provisions) Regulations 2025
These Regulations, made by the Treasury under powers in the Financial Services and Markets Act 2000, make technical amendments and transitional provisions concerning the Public Offers and Admissions to Trading Regulations 2024.
Specifically, they substitute a new provision for FCA investigation powers concerning entities subject to the 2024 Regulations, establish temporary arrangements for existing authorised persons applying to conduct the newly regulated activity of operating an electronic system for public offers, and introduce consequential amendments across various pieces of legislation, including primary and subordinate legislation and numerous UK sanctions regulations, to align them with the new framework.
These Regulations specify the dates when various sections and schedules of the Financial Services and Markets Act 2023 officially come into force, initiating the repeal of specific pieces of retained EU financial services legislation, including parts of the EU Prospectus Regulation 2017 and MiFIR provisions.
The commencement dates are staggered between October 2025 and January 2028, and the document includes important saving provisions to ensure continuity for existing regulatory processes, notably for operators of Private Intermittent Securities and Capital Exchange Systems (PISCES) and offers made under pre-existing prospectuses.
The Street and Road Works (Charges and Penalties) (Amendments) (England) Regulations 2025
This statutory instrument, made under the powers of the New Roads and Street Works Act 1991 and the Traffic Management Act 2004, amends several pieces of legislation governing street and road works in England, with effect from January 5th, 2026.
The key changes involve doubling fixed penalty amounts for notice breaches and permit violations, extending the calculation basis for charges on unreasonably prolonged occupation, and requiring highway authorities to dedicate 50% of the net excess proceeds from occupation charges to highway maintenance.
The Noise Emission in the Environment by Equipment for Use Outdoors (Amendment and Transitional) Regulations 2025
The Noise Emission in the Environment by Equipment for Use Outdoors (Amendment and Transitional) Regulations 2025 primarily amend the 2001 Regulations by incorporating updated noise measurement standards, primarily through the introduction of a new Schedule 6A detailing methods to measure airborne noise emitted by equipment for use outdoors, and these changes extend to England, Wales, and Scotland and come into force on April 13th, 2026, with provisions made to allow industry to transition away from the old methods until May 2028.
The Wireless Telegraphy (Licence Charges for the 2100 MHz Frequency Band) Regulations 2025
The Office of Communications (OFCOM) enacted these Regulations under the authority of the Wireless Telegraphy Act 2006 to establish the specific licence charges payable for utilizing the 2100 MHz paired frequency band.
The regulations detail an initial one-off charge payable in January 2026, set at £622 per kilohertz, and prescribe an annual charge formula effective from October 2026, which adjusts based on Consumer Price Index (CPI) inflation relative to September 2024.
They also offer licensees the option to pay the annual charges in twelve monthly instalments, revoke obsolete 2021 regulations, and ensure continuity for recovering outstanding debts under the old framework.
The Register of People with Significant Control (Amendment) Regulations 2025 amend the Companies Act 2006 to improve the accuracy and timeliness of information about individuals and entities with significant control over companies.
The amendments add new notification duties for companies regarding compliance with requests for information, restrictions notices, and changes in the status of people with significant control.
They also clarify existing notification requirements, mandating more detail in the information provided to the registrar.
These changes aim to enhance transparency and strengthen enforcement mechanisms.
These regulations implement consequential amendments to existing legislation following the passage of the Economic Crime and Corporate Transparency Act 2023.
The primary changes involve updating company law around director identification verification, the information publicly available, and modifying requirements for authorized corporate service providers.
The regulations also restrict public access to certain director identity verification statements to enhance data protection and security, affecting both primary company law and secondary legislation related to money laundering, partnerships, and insolvency.