Intellectual property (IP) and copyright laws in the UK should be overhauled and brought into line with today’s digital era, according to recommendations in the Hargreaves Report published today (18 May).

The report, complied by Professor Ian Hargreaves of Cardiff University, outlines 10 proposals intended to update the UK’s outdated laws and promote innovation, with the report suggesting that modernised IP systems could add up to £7.9bn to the UK’s economy.