On 22 June 2011, the Secretary of State for Business, Vince Cable, announced that Professor John Kay would undertake an independent review to examine investment in UK equity markets and its impact on the long-term performance and governance of UK quoted companies. On 15th September 2011, Professor Kay launched the review’s call for evidence which builds on the previously published terms of reference, and set out a range of issues and questions on which we sought evidence. The review published its Interim Report, summarising the responses to the call for evidence on 29 February 2012. The review will publish its Final Report in summer 2012.
