Government plans to make it easier for foreign firms to move to UK

The Government said the move is a ‘clear signal that the UK is open for business’ (PA) - (PA Archive)

The Government has unveiled plans to change rules that will make it easier for overseas companies to move to the UK in hopes of attracting investment and competing with global finance hubs.

The current process for foreign firms to re-domicile to the UK is complex and costly, the Department for Business and Trade (DBT) said.