Review of the Consumer Protection Regime in the UK launched by Government
The British Government has launched a review of the Consumer Protection Regime in the UK. Consumer protection in the UK is the result of several decades of development responding to many different stimuli explains the Better Regulation Executive, in charge of the Review. In the UK there are over 100 pieces of legislation, which result in an estimated £1bn administrative burden. With the fast pace of market development, and the ever strong position of consumers in the economy, it is now time to think of overhauling the regulatory landscape... A full document reviewing proposed changed should be published in spring 2008.
Report on Consumer Information published
The report is published with a warning that too much information can harm consumers. The report written by the Better Regulation Executive (the new name for Department of Trade and Industry)and the National Consumer Council, was published in November 2007. For more information and the full report, follow this link.
