In his first King’s Speech next month, King Charles will outline the government’s legislative programme. Widely seen as a final opportunity to set the legislative agenda before the next general election, special attention will be given to what it contains, but the greater concern for some is what it leaves out.

Of particular note is further delay in the much vaunted overhaul of the UK’s audit and corporate governance regimes. Despite promises of primary legislation, this has repeatedly failed to materialise and it is again unlikely to appear in next year’s legislative agenda.

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