Day One

What a momentous few weeks!

The Quoted Companies Alliance team is ready to work with the new government and regain momentum for the capital markets reform agenda.

You can read my open letter to the new Chancellor, Rachel Reeves, here, in which I set out how our members, with the right support, can contribute significantly to the first of Labour’s five missions: kickstarting economic growth.

By common consent, the business mood has been lifting, but our latest Small and Mid-cap Sentiment Index, which was conducted for us by YouGov prior to the General Election campaign, offers some sobering detail.

At 34%, the proportion of respondents considering raising capital in the next year has only been lower on one occasion in the last decade.

Quoted companies clearly need greater support and stability. Following our Annual Conference last month, Investors' Chronicle wrote a welcome article on the huge importance of business relief to AIM shares. That is one story we will be telling over and over.

In autumn, in partnership with the thinktank New Financial , we will also be publishing a timely piece of work exploring the future of smaller company capital markets.

Recently there have been workshops held to dig into the topic, plus a tech-focused dinner supported by Euroclear .

The more credible consensus we can create, the better. If you can help us expand our network, the member link is here.

As we head into a new political era, thank you for your ongoing support of the QCA.

Kind regards,

James Ashton , Chief Executive

Quoted Companies Alliance