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Will the New UK Subsidy Control Regime Help ‘Level Up’ the Economy?
The Modern Law Review ( IF 1.540 ) Pub Date : 2023-10-05 , DOI: 10.1111/1468-2230.12835
Andreas Stephan

There is an emerging political consensus in the UK that greater devolution of spending powers will bring benefits in terms of reducing economic disparities between regions, enhancing social cohesion, and improving the economy's prospects for productivity, growth and the transition to net zero. The Subsidy Control Act 2022 is thought to be key to achieving this by providing public authorities with greater flexibility in how they make spending decisions than was previously the case under EU State aid rules. This paper examines whether the new regime does indeed make it easier for awarding bodies to grant beneficial subsidies. It concludes that the regime risks placing obligations on public authorities that are considerably more onerous than EU State aid rules and there is a need to significantly increase the scope of streamlined routes which provide legal certainty to beneficial spending decisions.

中文翻译:

英国新的补贴控制制度会帮助“提升”经济吗?

英国正在形成一种政治共识,即支出权力的更大程度下放将带来缩小地区间经济差距、增强社会凝聚力、改善经济生产力、增长和向净零转型的前景等好处。2022 年补贴控制法案被认为是实现这一目标的关键,它为公共当局提供了比之前欧盟国家援助规则更大的灵活性来制定支出决策。本文探讨了新制度是否确实使授予机构更容易提供有益的补贴。
更新日期:2023-10-06
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