UK considers stamp duty exemption for newly listed company shares

As Rachel Reeves’s budget looms, Treasury weighs up proposals to make British markets more attractive

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New share listings on London stock exchanges could be given a stamp duty holiday in the autumn budget under proposals under consideration by the Treasury to make British markets more attractive.

Treasury officials are considering giving newly listed companies an exemption on the 0.5% tax on share transactions at Rachel Reeves’s budget in November, according to a person with knowledge of discussions.