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The UK’s banking and finance sector accounts for over 8% of GDP, employs over a million people in highly productive, well-paid jobs – over half outside of London and the South East - and contributes tens of billions in tax revenue each year.
It also powers the wider economy: from helping family businesses manage cash flow, to financing cutting-edge start-ups and helping millions to purchase their own home dream.
As politicians of all parties focus on higher rates of sustainable and inclusive economic growth, this paper sets out four areas that could unlock tens of billions of new investment, make the UK more internationally competitive and improve access to finance for people and businesses.
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