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The EU Commission announced last week that adequacy decisions for the UK have been approved.
This means the EU has determined the UK’s data protection laws to be robust enough to ensure data can safely flow to the UK from the EU (and EEA). Businesses can continue to receive data from the EU without having to make any changes to their data protection practices.
See: ICO statement in response to the EU Commission’s announcement on the approval of the UK’s adequacy | ICO
06 Feb 2024
Government borrowing fell to £7.8 billion in December 2023 giving Chancellor Jeremy Hunt more scope to make the tax cuts he has hinted at in the Spring Budget.
Tax cut promises may need to be scrapped as a result of the UK being in an 'unfortunate economic and fiscal bind', the Institute for Fiscal Studies (IFS) has warned.
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