'This opportunity must be seized' - why Brexit offers a once-in-a-generation opportunity to improve UK law
Linklaters corporate partner Richard Godden on why Brexit represents both a threat and an opportunity that must be seized in order to enhance the UK's prosperity
Whatever one’s views on the merits of Brexit, from the perspective of the rule of law, it represents both a threat and an opportunity. The threat is that time pressure may result in hastily drafted and poorly scrutinised laws that unintentionally subvert the rule of law. The opportunity is that the massive constitutional and legal change may be used to improve our laws.
It is important to the UK’s prosperity that this opportunity is taken. The UK needs to ensure that its economy is competitive, and an important factor in competitiveness is the level of respect for the rule of law. If we want businesses to choose the UK as the destination for their investments, we need to make our laws clearer and more predictable, and to reduce excessive executive and regulatory discretion.
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