Companies: Audit
The question
To ask the Secretary of State for Business and Trade, whether he plans to introduce new corporate reporting requirements.
Answered by Justin Madders
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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