Paper Released 16/02/2021

In September 2020, John Penrose MP was asked by The Chancellor to write an independent report on how the UK’s approach to competition and consumer issues could be improved in future. The coronavirus pandemic was scarring the UK economy and the Brexit transition period was about to end, so Britain would need a springboard of renewed energy and dynamism to grasp the opportunities and overcome the challenges of its newly-independent, sovereign status at the end of the year.

This paper explores how policy could be refreshed to deliver stronger consumer choice and competition, so markets for people, not the other way around.