- UK Listing Relief and visa reforms aim to attract investment, global talent and high-growth companies to Britain
- British Business Bank commits £5bn and launches VentureLink to channel more pension fund capital into venture markets
- Lower business rates and expanded EMI access support scale-ups, while £1.5bn boosts apprenticeships and future skills
In her speech, Ms Reeves said, “We are sending a simple message to the world: If you build here, Britain will back you,” before making the following announcements:
- A new UK Listing Relief will provide a three-year exemption from Stamp Duty Reserve Tax for companies listing in the UK
- Visa reforms to help UK businesses access global talent
- The British Business Bank’s (BBB’s) new five-year plan will invest at least £5bn in growth-stage funds and scale-up companies. The BBB will launch VentureLink to help pension funds invest in venture capital
- Company eligibility limits for the Enterprise Management Incentives scheme will rise, giving more scale-ups the chance to join tax-advantaged share schemes
- Business rates in England to be updated from April 2026, including permanently lower multipliers for retail, hospitality and leisure
- The government has published a Call for Evidence (to close on 28 Feb 2026) seeking views on how the UK can provide better support to entrepreneurs
- More than £1.5bn invested through the Youth Guarantee and Growth and Skills Levy to strengthen the pipeline of skilled labour, including fully funded SME apprenticeships for under-25s.
It is important to take professional advice before making any decision relating to your personal finances. Information within this document is based on our current understanding of the Budget taxation and HMRC rules and can be subject to change in future. It does not provide individual tailored investment advice and is for guidance only. Some rules may vary in different parts of the UK; please ask for details. We cannot assume legal liability for any errors or omissions it might contain. Levels and bases of, and reliefs from taxation are those currently applying or proposed and are subject to change; their value depends on the individual circumstances of the investor.
The value of investments can go down as well as up and you may not get back the full amount you invested. The past is not a guide to future performance and past performance may not necessarily be repeated.
All details are believed to be correct at the time of writing (26 November 2025)
