Shops could be allowed to trade all day on Sundays and cafés and pubs given fast-track approval to serve outside in a bid to restart the economy.
As the UK emerges from lockdown, Downing Street is drawing up a 'Great Recovery Bill' to stave off mass unemployment, Mail Online reports.
Licensing restrictions are likely to be changed so that cafés and restaurants can serve food and drinks outside without having to go through a full consultation process, which currently takes a minimum of 28 days.
Ministers are also looking at ditching council fees for premises that want to put tables on pavements, it is understood.
Meanwhile, according to the Times, Sunday trading laws could be suspended for up to a year under plans to help businesses adapt to social distancing measures.
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Planning restrictions on the use of high street properties could also be simplified, and local authorities encouraged to ban traffic from streets to make room for outdoor markets.
A Government source said: "Departments are being asked to identify the things they need to keep services going, but also the changes that would free up the economy and get business moving again once we
start to open up.
"The idea is to then put them all into one big piece of legislation that helps get the recovery going."
The plans are likely to be presented to Parliament alongside a mini-budget in July.
Under current plans to gradually lift lockdown measures, non-essential shops will be allowed to re-open on June 15 and there is a plan for cafes and restaurants to start serving customers in July.
It comes as new data suggests the reproductive rate of coronavirus or 'R' rate is rising across England and is now above one in the North West.
The 'R' rate remains between 0.7 and 0.9 for the UK as a whole, though the figure has a two to three-week lag, meaning it does not account for the latest easing of the lockdown
A separate report from Public Health England (PHE) and Cambridge University, which estimates what the value is currently, put the North West on 1.01 and the South West on 1.00.
The figures have led to fears that local lockdowns may be needed to prevent a second spike in coronavirus cases.
The UK’s coronavirus death count increased by 357 today as the country’s total number of fatalities soars past 40,000.
Today’s jump in deaths is higher than yesterday’s increase, when 176 fatalities were reported.
The total number of UK Covid-19 fatalities in hospitals, care homes and the wider community is now 40,261.
In March Chief Scientific Adviser Sir Patrick Vallance said 20,000 or fewer deaths from the pandemic would be a “good outcome”.