Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps her Department is taking to increase public and investor confidence in small and mid-sized quoted companies listed in the UK.

We have already delivered an ambitious set of reforms to boost the competitiveness of UK markets, including for small and mid-sized quoted companies. This includes overhauling the Listing Rules, reforming the Prospectus regime to provide more flexibility to firms and founders raising capital and reducing reporting requirements for the smallest companies.

The government also maintains generous tax reliefs for small and mid-sized quoted companies including the Growth Market Exemption which provides relief from Stamp Taxes on Shares for companies on Recognised Growth Markets.

To create a stable regulatory environment, and complementing these reforms, the government is also establishing a 10-year strategy for financial services, which will be published at Mansion House on 15 July 2025.