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Lord Leong (Lab)

Speaking in the House of Lords on 8 July 2025

Debate

Companies House: Filing of Annual Accounts by Small Companies

Contribution

I thank the noble Lord for that. I hope that he has read our industrial strategy. We aim to reduce something like 25% of regulation on businesses. Currently, as it stands, as the noble Lord will know, most companies have to file abbreviated accounts with Companies House. So what we are asking is nothing more than what they are already doing, so we are not adding additional burdens on small businesses.

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