Mini-tender Offers: Protection for Shareholders

Baroness Neville-Rolfe Excerpts

Wednesday 15th July 2026 Lords Chamber

[Lord Stockwood (Lab)]

Part of the FCA’s consumer duty is to ensure that consumers are well informed and protected. The Home Office has issued another policy on protection from particular scams. I am happy to write to the noble Baroness with the specific duties. The FCA has a consumer duty overall and that would fall within that somewhat.

[Baroness Neville-Rolfe (Con)]

My Lords, I agree with the Minister on the importance of financial literacy, as he knows, but we must ensure that the UK remains a global hub for private investment and capital. Can he confirm that the new Prime Minister will create a climate that helps and keeps businesses in Britain, encourages people to invest and list on the UK stock market, and reverses the damaging brain drain of entrepreneurs and skilled professionals moving overseas?

[Lord Stockwood (Lab)]

I have become well aware of the noble Baroness’s interest in this issue. I am certainly not going to speak for a Prime Minister before he is appointed next week, but this really matters to this Government. My belief is that there will be a continuation of the strategy to ensure that we protect entrepreneurs’ interests, make the economy grow and make the UK increasingly attractive, particularly relative to our global competitors for investment. That is the job I do day to day, and I hope to continue to be doing it next Monday.