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AIC welcomes the Chancellor’s Mansion House speech

The Association of Investment Companies (AIC) welcomed the Mansion House speech today by the Chancellor, Rishi Sunak (pictured)

Ian Sayers, Chief Executive of the Association of Investment Companies (AIC), said: “Public markets have more than proved their worth during the pandemic. They have enabled companies to swiftly raise money, allowing them to ride out the tough economic conditions caused by the pandemic and participate in the UK’s recovery.

“We applaud the Chancellor’s plans to take a unique approach to strengthen UK markets. For example, the proposed prospectus reforms are exactly the sort of initiative to increase fund raising and develop sensible regulatory standards to benefit both shareholders and companies.”

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