Investment
The question
To ask the Chancellor of the Exchequer, what steps her Department plans to take to help incentive retail investment in domestic public companies.
Answered by Tulip Siddiq
The Government is committed to reinvigorating our capital markets to deliver growth across the UK and is pursuing ambitious reforms to make our markets even more competitive.
This is why we supported the implementation of the Financial Conduct Authority’s (FCA) listing reforms, and are supportive of the reform to overhaul the Prospectus rules to improve access for retail investors in the capital raising process.
The Government is also taking forward work to improve the information and support available to retail investors to help with their decision-making. This includes reforms to the UK’s retail disclosure regime and exploring options to expand the availability of investment support through the joint Government and FCA review of the boundary between financial advice and guidance.
Additionally, individuals can also save up to £20,000 into an Individual Savings Account (ISA) each year, including Stocks and Shares ISAs, and any savings income received within an ISA is tax free.
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