Modernising corporate reporting
We are seeking views on how the corporate reporting framework in the UK could be modernised to better meet the needs of companies, investors and the wider economy.
What is being proposed
This consultation sets out the government’s proposals to modernise the UK’s corporate reporting framework, with the objective of supporting economic growth and strengthening the UK’s international competitiveness.
The consultation explores how reporting obligations could be simplified and made more proportionate by:
clarifying the purpose of corporate reporting rationalising thresholds and exemptions reducing unnecessary or duplicative requirements
Proposals include changes to:
Documents
5How to respond
Online, on the department's own form.
By email to mcr.review@businessandtrade.gov.uk
Modernising Corporate Reporting Consultation Company Law and Governance Directorate Department for Business, Innovation, Science and Trade Old Admiralty Building London SW1A 2AY
Responses close 30 November 2026.