Will the Subsidy Control Bill make the UK's new state aid regime a Brexit success?
The government's Subsidy Control Bill sets out how the UK will replace EU state aid rules, but will this deliver a post-Brexit dividend, and how will the UK's system change how subsidies are offered?\n\nWith the bill having passed through the House of Commons and set to be scrutinised in the House of Lords, this Institute for Government panel will explore the opportunities \u2013 and risks \u2013 of setting up a bespoke post-Brexit state aid regime.\n\nWhile leaving the EU allows the UK's system to focus domestic concerns and government priorities like reaching net zero, a poorly designed system could mean poor regulation of subsidies and creating legal uncertainty.\n\nWill the new system provide the additional flexibility, freedom and certainty that the government has promised \u2013 or is it a recipe for confusion? And as the legislation is scrutinised in parliament, how can it be improved to ensure it delivers for UK governments, public bodies and businesses?\n\nOn our panel to discuss these issues:\n\nPeter Foster, Public Policy Editor at the Financial Times\nGeorge Peretz QC, Barrister at Monckton Chambers\nThomas Pope, Deputy Chief Economist at the Institute for Government\nRahat Siddique, Economist at the Confederation of British Industry\n\nThe event began with a short presentation by Thomas Pope, summarising the new system and presenting initial conclusions on its effectiveness.\n\nThe event was chaired by Dr Gemma Tetlow, Chief Economist at the Institute for Government.