General election reaction

David Postings, Chief Executive of UK Finance, comments on the outcome of the 2024 General Election.

I’d like to congratulate Sir Keir Starmer, Rachel Reeves and the rest of the Labour Party on their general election victory. 

Labour have described financial services as one of the UK’s greatest success stories and said they will champion the sector. This level of political support is extremely welcome. 

Throughout the election campaign economic growth has been front and centre of the debate. Financial services has a vital role to play here, both as a major employer and through the support it provides to consumers and businesses up and down the country. 

We recently outlined a range of policy ideas for the new government and I now look forward to working with them to deliver the best outcomes for our sector and the whole economy.

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