Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what progress his Department has made on the draft Audit and Corporate Governance Reform Bill.
The Department does not now intend to publish a draft Audit and Corporate Governance Reform Bill in this session of Parliament. Both houses of Parliament were informed of this in July 2025. Priority is being given to measures that reduce administrative costs for business, including through the Department’s work on modernising corporate reporting.