Oral Answers to Questions

Debate between Lucy Rigby and Alison Taylor

Tuesday 27th January 2026 Commons Chamber

[Alison Taylor (Paisley and Renfrewshire North) (Lab)]

17. If she will make an assessment of the potential impact on the economy of the FTSE 100 index rising above 10,000 points.

[The Economic Secretary to the Treasury (Lucy Rigby)]

It is definitely right to say that the FTSE 100 performed strongly in 2025, during which it rose faster than key benchmarks, the United States and the European stock markets, and hit 10,000 points as we entered the new year. The UK is one of the world’s leading global financial hubs, and this Government are committed to the sector’s enduring leadership.

[Alison Taylor]

Does the Minister agree that cutting paperwork and speeding access to capital will provide a valuable boost to companies looking to list their shares on the London Stock Exchange? Is she hearing that from the companies that she is meeting, because that is what I have been hearing while I have been out engaging with businesses in Scotland?

[Lucy Rigby]

I can confirm that I am indeed hearing that. Last week’s introduction of the new prospectus rules will mean faster execution, reduced complexity and a simplified route to capital raising. Together with the three-year UK listing relief announced at the Budget, these initiatives will make the UK the most attractive destination for companies to start, scale, list and stay.