Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the number of UK companies seeking to be based and listed in the United States of America; and what steps they intend to take to encourage UK businesses to remain.

The Government is committed to reinvigorating our capital markets to deliver growth, supporting firms to start, scale, list and stay in the UK.

We have already delivered an ambitious set of reforms including overhauling the Prospectus regime and Listing Rules, providing more flexibility to firms and founders raising capital on UK markets.

The Government's recently published Industrial Strategy sets out how we are supporting favourable conditions to drive investment in our highest growth sectors, and spur domestic businesses to scale up - supporting high-quality jobs across the UK. This includes increasing the British Business Bank’s total financial capacity to £25.6 billion – which will result in a two-thirds increase in support for innovative UK businesses.