<ul data-eligibleForWebStory="false"><li>The UK plans to end paper stock certificates after 400 years to streamline processes and boost the competitiveness of the City of London.</li><li>Chancellor of the Exchequer Rachel Reeves will announce the move to fully digitize Britain's capital markets, aiming to make UK finance more modern and efficient.</li><li>The transition will replace paper-based share registers with digital registers, aligning with recommendations from a government-commissioned report to digitize UK capital markets.</li><li>The shift comes amidst London's shrinking stock market, with initiatives like encouraging more investment in British equities and reducing tax-free individual savings account limits to promote equity investments.</li></ul>

UK to end paper shares after 400 years to boost city’s appeal

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