UK considers temporary stamp duty cut on new stock listings to boost London’s global appeal.

The UK government is exploring a temporary exemption from the 0.5% stamp duty on newly listed shares on the London Stock Exchange, potentially for two to three years, to boost the city’s appeal as a global listing hub. The move, under consideration ahead of Chancellor Rachel Reeves’s upcoming budget, aims to reduce costs for companies going public, enhance market competitiveness, and attract more global capital. While details remain unconfirmed, the proposal reflects broader efforts to strengthen the UK’s capital markets, support business growth, and encourage firms to list and remain in the country. Recent listings and reforms, including exemptions for certain PISCES transfers, signal ongoing progress.