Future Of British Business
UK to Relax EU Data-Protection to Cut Business Costs
- Revised bill will cut corporate data-privacy requirements
- Digital rights groups say changes weaken protections
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The UK unveiled plans to relax some data protection requirements under the European Union’s General Data Protection Regulation, a move that was cautiously welcomed by businesses but criticized by privacy groups.
Legislation first introduced last summer as a way for British firms to save costs by reducing compliance burdens was revised after consulting with businesses and data protection stakeholders, the Department for Science, Innovation and Technology said.