Sky News reports the U.K. government will announce its new data protection reform bill during the Queen's Speech May 10. According to the report, industry representatives believe the reforms will benefit the U.K. economy, but should the reforms go too far, they could risk the U.K.'s adequacy status with the EU. After the speech, the government is expected "within weeks" to publish a response to a consultation with businesses and civil society on the reforms, and the draft bill — which is part of a larger data protection reform package — will be published this summer. Editor's note: Journalist Luca Bertuzzi recently reported on the U.K.'s data reforms for The Privacy Advisor.