UK Finance responds to the chancellor's Growth Plan

Responding to the chancellor's Growth Plan, David Postings, Chief Executive of UK Finance, said:

We welcome the clear direction and new approach from the chancellor and his strong backing of the financial services sector as being the catalyst for the UK economy. The measures announced today are the start of what is needed to unleash the sector’s full strength to deliver economic growth up and down the country.  

"Further tax changes and ambitious regulatory reform are required to capitalise on this bold first move and we will be working closely with government to ensure the UK’s financial services leads the world.