Introduction Environmental problems are among the most pressing ones as they require immediate action to avoid disaster. At the same time, companies and corporations significantly impact the environment as they impose consumption trends on the society and generate a substantial amount of waste. The challenge for today’s governments and businesses is to design and select strategies to solve environmental problems. Consequently, this report will analyze the United Kingdom’s policy for the implementation of circular economy strategies as one of the most appropriate business approaches to contribute to the sustainable development of the planet. Background The industrialization and development of manufactures in the twentieth century caused the growth of the world economy and led to significant negative consequences for the environment. For this reason, most countries in the twenty-first century are concerned about the impact of corporations and consumption trends on the environment. Modern linear economic activity means that companies spend millions of tons of resources every day to meet customer demand, and humanity generates millions of tons of waste. For example, the total annual material input value is $3.2 trillion, and only 20% of these expenses are recovered (“Explainer,” 2018). Simultaneously, the population on the planet is rapidly growing, which also means an increase in consumption and waste. Consequently, one of humanity’s main goals is to change current trends and find new ways of doing business that will reduce the consumption of exhaustible resources and the pollution of the planet. If these changes are not implemented in the near future, such problems can lead to a global catastrophe. One of the suitable options for business is the transition to a circular economy. This approach is beneficial for the environment as it is based on the reuse of resources and recycling of waste. Nevertheless, at the moment, the circular economy has a relatively limited application in the world and the UK due to a lack of understanding by a business of its advantages, as well as the need for systemic changes. For this reason, the UK government needs to focus its efforts on adjusting environmental policies and their application to practice to involve companies in the transition to a circular economy and contribute to sustainable development. Circular Economy Policies in the UK The UK is one of the leading countries that care about the social, economic, and environmental well-being of its citizens. For this reason, the UK participates in various programs and discussions to reduce a negative impact on the environment and develops appropriate policies. One of the latest policies being considered and implemented is the Circular Economy Package. Currently, the UK accepts amendments and prepares to implement various changes aimed at the transition to a cyclical economy. The Circular Economy Package is a revised legislative framework that defines steps to reduce waste and recycle it. Each country in the United Kingdom has its specific development plans; however, they all have the same direction. The necessary steps include doubling resource productivity, eliminating disposable materials, introducing a Deposit Return Scheme for product conta