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Corporate Governance

Asked by Callum AndersonLabourDepartment for Business and TradeTabled Answered 7 January 2026UIN 102217

The question

To ask the Secretary of State for Business and Trade, what progress his Department has made on the draft Audit and Corporate Governance Reform Bill.

Answered by Blair McDougall

The Department does not now intend to publish a draft Audit and Corporate Governance Reform Bill in this session of Parliament. Both houses of Parliament were informed of this in July 2025. Priority is being given to measures that reduce administrative costs for business, including through the Department’s work on modernising corporate reporting.

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