PARLIAMENTARY WRITTEN QUESTION
Financial Services: Economic Situation (27 November 2024)
Question Asked
To ask the Chancellor of the Exchequer, whether she is taking steps to help ensure that the Financial Services Growth and Competitiveness Strategy supports the wider economy.
Asked by:
Clive Lewis (Labour)
Asked by:
Clive Lewis (Labour)
Answer
Financial services is central to the government’s modern industrial strategy due to the key role it plays in financing growth across the economy.
The Chancellor’s Mansion House speech set out how the government will work with the sector to deliver sustainable, inclusive growth. This included publishing pension reform proposals to unlock billions of pounds of new investment into the UK economy and reforms that will help the sector support the Net Zero transition.
Answered by:
Tulip Siddiq (Labour)
3 December 2024
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