Commons Sense

House of Commons · Ministers' Questions

FTSE 100 Index

Tuesday 27 January 2026 · 3 questions

Summarised by AI from the official record, so it can contain mistakes.

Read the full transcript on Parliament.uk

At a glance

Answered 1 Partly answered 1 Not answered 0

Key points

  • Alison Taylor inquired about the impact of reducing paperwork and speeding access to capital for companies looking to list shares in London.
  • Alan Mak questioned whether budgetary changes were driving away growth and investment in UK exchanges.
  • Mark Garnier noted that despite the FTSE 100 exceeding 10,000 points, it has lower valuations compared to other global exchanges and relies heavily on non-UK earnings.

Topics (select to filter)

Questions & Answers

Q1 Alison Taylor Lab Paisley and Renfrewshire North
Economy Business & Trade
Context

The FTSE 100 has recently surpassed the 10,000 points mark, indicating a strong performance in comparison to US and European stock markets. Alison Taylor is concerned about the potential economic implications of this rise.

Question

I am concerned about the potential impact on the economy if the FTSE 100 index rises above 10,000 points. Does cutting paperwork and speeding access to capital provide a valuable boost to companies looking to list their shares in London? Is that what you are hearing from businesses?

Answer from Lucy Rigby (Economic Secretary to the Treasury)

I confirm that I am hearing from companies that cutting paperwork and speeding access to capital can provide a valuable boost. Last week’s introduction of new prospectus rules and the three-year UK listing relief announced in the Budget will simplify the process for raising capital, making the UK an attractive destination for listings.

Answered
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Q2 Alan Mak Con Havant
Economy Business & Trade
Context

There is currently only one pure technology company listed on the FTSE 100, and recent Budget measures such as reducing venture capital trust tax relief may discourage further listings.

Question

Why are the Government driving away growth and investment with budgetary changes that could impact the listing of companies in UK exchanges?

Answer from Lucy Rigby (Economic Secretary to the Treasury)

The Budget’s entrepreneurship package, including a three-year stamp duty holiday for UK listings, is designed to make the UK an attractive destination for companies to start and list. This will foster growth and investment in the capital markets.

Partly answered

Not addressed: specific impact of reducing venture capital trust tax relief

How: Fostering Growth, Attractive Destination

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Q3 Mark Garnier Con Wyre Forest
Economy
Context

The Chancellor has celebrated the FTSE 100 surpassing 10,000 points but it remains below comparable markets. Over 80% of earnings from the index are generated outside the UK.

Question

Is the Minister aware that despite the FTSE 100 reaching above 10,000 points, it is still on lower valuations compared to other global stock exchanges and that over 80% of its earnings come from non-UK sources? Does this not indicate that UK policies are failing?

Answer from Lucy Rigby (Economic Secretary to the Treasury)

I strongly disagree with the shadow Minister. The Government’s reforms to capital markets are strengthening them and beginning to show results, despite his constant negative portrayal of UK economic conditions.

Not addressed: specific impact of policies on FTSE performance

How: Constantly Talking This Country Down

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