Chancellor of the Exchequer Jeremy Hunt will unveil new measures to make Britain’s financial markets more attractive to companies seeking to list in a speech at the Mansion House on Monday, Reuters reports.

According to the Treasury Department, Hunt will also seek to repeal European Union-era securities law.

The “Mansion House reforms” will simplify rules for buying and selling shares, improve research facilities, provide higher returns for investors and create plans to allow private companies to access capital markets without listing on a stock exchange.

The UK is set to endorse the recommendations of Rachel Kent’s independent research report, paving the way for a new “research platform” that will provide a one-stop shop for firms seeking research expertise, the Treasury said in a statement.

Kent is an experienced financial services attorney at Hogan Lovells.

Last year, the UK announced the launch of the Investment Research Review, an independent review of investment research in financial services and its contribution to the competitiveness of UK capital markets, led by Kent.

The approval also paves the way for the eventual repeal of unbundling rules, an EU law that required brokers to charge a separate fee for research.

In addition, in an interview with the Financial Times, Hunt ruled out pre-election tax cuts this autumn, warning that he must “double down” on anti-inflation measures and that he “will not inject billions of pounds of extra demand” into the UK economy.

“We will not accept a tax cut if it makes it harder to fight inflation,” Hunt said.

He admitted that fulfilling Prime Minister Rishi Sunak’s promise to halve inflation by the end of the year “will be more difficult than we thought.”

Hunt will also consider a deal for pension companies to put 5% of their investment into high-growth businesses, up to 50 billion pounds ($64.18 billion), but will also propose regulatory reforms and threaten to crack down on small, inefficient pension companies. do not drain, writes the publication.

Aviva, Legal & General and Phoenix Group Holdings, which is part of the FTSE 100 index, are among those to take part in the deal organized by the City of London Corporation, the FT reported, citing people familiar with the plans.