Analyzing British Industry Trends for 2026

As a result of the intro of the UKLR sourcebook in July 2024, both the London Stock Market (LSE) and FTSE Russell made consequential modifications to their rules. In July 2024, the LSE confirmed amendments to its Admission and Disclosure Standards to show the collapse of the previous premium and basic listing segments into the new commercial business classification.

, chaired by Charlie Geffen. The goal of the taskforce was to think about the potential advantages of the UK moving to a T +1 securities settlement cycle and describe how this modification could be implemented.

On 19 February 2025, the UK federal government announced it accepted the recommendation and the UK market means to relocate to a T +1 settlement cycle on 11 October 2027. Among the suggestions from the UK Secondary Capital Raising Review resulted in the establishment in July 2022 of the Digitisation Taskforce, chaired by Sir Douglas Flint.

Will AI Tools Scale UK Growth?

In July 2023, the taskforce published an Interim Report (read our summary here) that made a variety of suggestions, consisting of: legislation must be brought forward, and company posts of association changed, as quickly as practicable to stop the issuance of brand-new paper share certificates; the government ought to advance legislation to require dematerialisation of all share certificates at a future date; the government must seek advice from provider and investor agents on the favored personality of "recurring" paper share interests and whether a time frame must be imposed for the recognition of untraced Ultimate Beneficial Owners (UBOs); andintermediaries ought to have an obligation, as a condition of participation in the cleaning and settlement system, to put in place typical innovation that enables them to react to UBO requests from companies within an extremely brief time frame.

ANSR July UK PRs

Digitisation would target noted companies with a view to lowering expenses and waste, and streamlining shareholder interaction. The report proposes extra steps to ensure that UBOs within the intermediated securities chain would be able to exercise shareholder rights that are currently only guaranteed for registered shareholders, as well as measures to boost communication between business and UBOs.