Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how the effectiveness of the Private Intermittent Securities and Capital Exchange System will be assessed in supporting firms to raise pre-IPO capital.

The UK’s capital markets are deep and strong, delivering for firms and investors, and supporting firms to start, scale, list and stay here.

At Mansion House, the government published its Financial Services Growth and Competitiveness Strategy. This document sets out the government’s ten-year plan for the UK to be the world’s centre of choice for financial services investment now and in 2035, with capital markets as a core pillar of the strategy.