Rules and regulations are always changing. It’s just part of doing business. There’s been quite a bit of movement on the regulatory front lately, and given the recent change of government, legislation is in some state of flux.

In this article, we’ll examine some of the more pressing regulatory updates. We’ll explain what’s changing, why it matters and what it might mean for you.

Agricultural sustainability to the fore

The agricultural sector faces several regulatory changes to promote innovation, sustainability and diversification. These updates offer new possibilities for farmers and landowners but require careful consideration and planning.

Genetic technology

The Genetic Technology (Precision Breeding) Act 2023 marks a shift in agricultural innovation policy. This legislation allows for the use of gene-editing technologies in crop and livestock development, distinguishing these techniques from traditional genetically modified organisms (GMOs).

Key aspects of the new regulations include:

• permission to use gene-editing techniques previously restricted under EU regulations
• a clear regulatory pathway for bringing gene-edited products to market
• potential for faster development of crops and livestock with enhanced traits such as disease resistance and climate resilience.

This change opens up new avenues for research and development for numerous agricultural businesses but requires careful consideration of how it might affect production and marketing strategies.

Environmental land management

The Environmental Land Management Scheme (ELMS) continues to evolve, reflecting the government’s ongoing commitment to rewarding farmers for environmental stewardship.

Recent updates to the scheme include:

• an expanded list of activities eligible for financial support
• increased payment rates for certain environmental practices
• more stringent requirements for data reporting and verification.

These changes present an opportunity for farmers to diversify their income streams while contributing to environmental conservation. To maximise benefits from ELMS, consider:

• conducting a thorough assessment of your land to identify eligible areas and practices
• implementing robust data collection and management systems to meet reporting requirements
• exploring how ELMS payments might interact with other aspects of your farm business, including tax implications.

Sustainable farming incentive

The Sustainable Farming Incentive (SFI) is gaining prominence as a key component of the UK’s agricultural policy. This scheme aims to support sustainable farming practices alongside food production.

Notable features include:

• a range of options suitable for different farm types and sizes
• payments for practices that enhance soil health, water quality and biodiversity
• flexibility to integrate SFI actions with existing farm operations.

To make the most of the SFI:

• review your current farming practices to identify areas that align with SFI standards
• consider how SFI payments might complement or replace income from other sources
• plan for any necessary investments in equipment or training to meet SFI requirements.

Permitted Development Rights (PDRs) for agriculture

Recent changes to permitted development rights, effective from 21 May 2024, offer farmers greater flexibility in developing their land and buildings.

Key updates include:

• increased size limits for converting agricultural buildings to commercial use (now up to 1,000 square metres)
• greater flexibility in erecting new agricultural buildings and extensions
• expanded rights to convert agricultural buildings to residential use (up to 10 dwellings).

It’s important to note that while full planning permission may not be required, prior approval from local authorities is still necessary in many cases.

Emphasis on safety and sustainability in engineering

The engineering sector faces changes focused on enhancing building safety and reducing environmental impact. These updates have far-reaching implications for project planning, execution and long-term asset management.

Building safety emphasis

The Building Safety Act 2022 implementation is transforming practices in the construction and engineering sectors. Key aspects of the new regulatory framework include:

• the requirement to maintain a “golden thread” of building information throughout a structure’s lifecycle
• enhanced accountability for duty holders involved in the design, construction and management of high-risk buildings
• stricter regulations around fire safety and structural integrity.

For engineering firms, these changes necessitate:

• implementing robust data management systems to maintain the golden thread of information
• reviewing and potentially updating quality-control processes
• factoring in additional time and resources for enhanced safety checks and documentation in project planning.

Emissions trading

The UK Emissions Trading Scheme (ETS) is broadening its reach, affecting a wider range of engineering and industrial operations. Notable expansions include:

• inclusion of the shipping sector from 2026
• coverage of waste incineration facilities
• regulations on carbon dioxide venting from oil and gas installations.

Wrapping up

As always, staying informed and proactive is vital to tackling regu latory and compliance demands head-on.

At Thompson Wright, we understand the complexities of these regulatory shifts and their potential impact on your business. Our team is equipped to help you navigate these changes, ensuring compliance while identifying growth opportunities.

Contact Thompson Wright today to discuss how we can help your business thrive in this evolving regulatory landscape.