CBI: Business backs UK to be world leader in internet regulation but proposals 'fall short'

4 Jul 2019 01:23 PM

CBI calls for new independent regulator. Business supports clear regulation which can play a crucial role in building trust in the digital economy. But current proposals risk falling short of the Government’s ambition to be the best and safest place to build a digital business, according to a White Paper response by the CBI.

The UK’s leading business organisation has developed a five-point plan for creating world-leading internet regulation which includes:

Building trust in technology we use every day is vital for both society and the economy. The UK digital sector has become an economic powerhouse for the country, creating jobs almost three times faster than the rest of economy. But 76% of adult internet users express concern about going online and CBI research highlights the importance of trust and privacy for customers determining where to spend their money.

Carolyn Fairbairn, CBI Director-General said:

“The UK has a unique opportunity to set out a world-leading approach to internet regulation.

“We can be the international yardstick for how best to protect people from harm online, while also supporting the UK’s flourishing digital economy. 

“While the UK leads its digital competitors, it cannot rest on its laurels. Major regulatory interventions must be internationally workable and sought after by the rest of the world.

“After speaking to businesses across the country, from start-ups to multinationals, it’s clear these proposals fall short and can be improved.

“For example, the Duty of Care should focus on illegal harmful content and re-examine proposals for legal but harmful issues.

“Ofcom can be the home for new regulator, but for it to be successful it must be independent, properly resourced and equipped with the right expertise.

“Both Government and industry should have the responsibility for funding the new regulator; the Government cannot out-source its responsibility to build public trust and keep its citizens safe.

“Firms want to see the UK leading the way in internet safety. At such an important time the stakes could not be higher – do it well and the UK can lead the world in internet regulation.

“But done badly, poor regulation will undermine new entrants into the digital economy and dampen UK investment, while having minimal impact on improving public trust.”

Click here for the full press release