Responding to the Chancellor's Budget today, David Postings, Chief Executive of UK Finance, said:

We recognise the Chancellor faced tough choices in this Budget and welcome the ongoing support she has shown for the financial services sector. This sends an important signal to international markets that the UK is focused on growth and attracting investment.

“The changes to Stamp Duty for newly-listed companies will help encourage more trading in UK companies.

“A strong economy needs a strong financial sector, which in turn backs jobs, businesses and the whole economy. We look forward to continuing to work in partnership with the government to support its growth mission and the wider economy.

Area of expertise: