Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what consultation she undertook with (a) investors, (b) business organisations and (c) entrepreneurs prior to the announcement that the angel investment annual income threshold would be increasing.

The Chancellor announced at Budget that the Government will legislate to reinstate the previous eligibility criteria to qualify as a high net worth or sophisticated investor. The relevant legislation was laid in Parliament on 6 March, and is set to come into force on 27 March.