Written Question·Department for Business and Trade·UIN 115870

Small Businesses: Audit

Tabled: 25 February 2026
Answered: 2 March 2026

Question

Gurinder Singh Josan

LabourSmethwick

To ask the Secretary of State for Business and Trade, what steps his Department is taking to ensure audit requirements are accessible and affordable for small and mid-sized quoted companies.

Answer

Blair McDougall
The government has announced plans to modernise and simplify the corporate reporting framework and expects to publish its Modernising Corporate Reporting consultation shortly. The consultation will consider financial, non-financial, remuneration and corpo...

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