The 123-page, government-commissioned report "Digital Opportunity: A Review of Intellectual Property and Growth" by Professor Ian Hargreaves of Cardiff University has suggested a raft of changes, some fundamental, other simple tweaks, to bring laws into line with the shifting realities of the digital age.
http://www.ipo.gov.uk/ipreview-finalreport.pdf
One of the most significant reforms is that the U.K. should set up the world's first '"Digital Copyright Exchange," an online copyright shop where rights holders and businesses could buy and sell licenses for work in a simple and legally clear way.