Companies: Audit

(asked on 18th July 2024) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, whether he plans to introduce new corporate reporting requirements.


Answered by
Justin Madders Portrait
Justin Madders
Parliamentary Under Secretary of State (Department for Business and Trade)
This question was answered on 26th July 2024

The Government is keen to ensure the UK's corporate reporting requirements support economic growth by providing the information investors need to allocate capital effectively, while helping users of reporting understand how business activities align with the UK's net zero and environmental goals. The King's Speech announced that the Government will take forward a bill to improve UK corporate governance and auditing and we will provide further information on specific reporting initiatives in due course.

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