Disquiet is growing in the City of London about the likely impact of the Bill of Rights Bill on the UK’s economic competitiveness, the Law Society has warned.
Giving evidence to the Justice Committee last week, Law Society vice president Nick Emmerson said: ‘City lawyers who deal extensively with foreign clients, governments, regulators and representative bodies tell us the Bill of Rights Bill is being discussed with a mixture of surprise and horror.’
Emmerson said the Bill could affect businesses’ ability to enforce their rights and receive redress, throw uncertainty over contractual provisions, and create concern about overreach by local governments and regulators.
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