- 7 November 2025
We had an outstanding industry response to our recent letter to the Chancellor, sent on 5 November.
More than 50 companies and industry bodies confirmed their support for our call to reduce the mandatory holding period for Share Incentive Plans (SIPs) from five years to two.
We set out how the proposed change aligns closely with the Chancellor’s priorities for broadening retail share ownership in the UK, as set out in the Leeds Reform Agenda. Shortening the holding period would make SIPs more attractive to employees who are currently deterred by the length of commitment.
It would also help foster good saving habits and strengthen the culture of share ownership, supporting the Government’s ambition to make long-term growth more inclusive.
Our letter forms part of our wider campaign to keep these issues prominent in the run-up to the Budget.