Source · Select Committees · Business and Trade Committee

Recommendation 19

19 Acknowledged Paragraph: 140

We believe that lower thresholds and higher penalties are necessary so that bigger businesses which...

Conclusion
We believe that lower thresholds and higher penalties are necessary so that bigger businesses which break the rules do not see financial penalties as a small business cost.
Government response summary AI-generated
The government states its commitment to taking forward changes related to lower thresholds and higher penalties, and mentions that the Bill will be introduced in this Parliamentary session.
Summary of the government's response below — read the verbatim text to verify.
Paragraph Reference: 140
Government Response Acknowledged
HM Government · verbatim extract Acknowledged
The Government is committed to taking forward these changes. As previously stated, the Bill will be introduced in this Parliamentary session.
Read the full response on Parliament ↗