Financial Conduct Authority: Report on RBS GRG

Documents to download

Retail crime: Impact on workers, the community and local economies

Reported retail crime has increased significantly in recent years. This criminal activity, encompassing offences such as shoplifting and assaults on retail workers, has impacted businesses, their employees and local economies. The government has outlined plans to tackle retail crime in response to this issue. This includes legislating to create a new specific offence of assaulting a retail worker and to remove the threshold on so-called “low-value” shoplifting offences.
Budget 2024: Inheritance tax and family farms

In the autumn budget the chancellor announced changes to inheritance tax reliefs. From April 2026, taxes would apply to agricultural assets over £1mn (or up to £3mn in certain circumstances). The government has said this will just affect the wealthiest landowners and disincentivise buying agricultural land to avoid tax. Farming groups have argued the policy is a threat to the future of family farming.
Large language models and generative AI: House of Lords Communications and Digital Committee report

In February 2024 the House of Lords Communications and Digital Committee published a report on large language models and generative AI. It highlighted the opportunities and risks this technology offers, and recommended actions the government should take to support the market while mitigating risks. The new government has said it will legislate to address safety risks arising from generative AI.