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City minister: This Labour Budget will strengthen capital markets

3 1
27.11.2025

This Budget introduces reforms to strengthen the UK’s capital markets, notably with the new UK Listing Relief to abolish Stamp Duty Reserve Tax for three years after listing, and ISA reform to boost retail investment, all aimed at fostering a long-term, modern economy that supports British companies and savers, says Lucy Rigby

This government is ambitious for Britain and ambitious for the British people.

Over the past year I’ve spoken to founders, investors and market leaders across the country, and the message has been clear: the UK has huge strengths – but we need to make it easier for great British companies to scale here, list here and succeed here.

This Budget delivers exactly that. It strengthens the UK’s position as one of the world’s most competitive places to raise capital and ensures that the growth created in our markets delivers real benefits for working people and long-term savers.

Our capital markets already have enormous strengths. Last year, UK exchanges raised more equity capital than the next three........

© City A.M.