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Ahead of the Chancellor’s Mansion House speech on 15 July 2025, UK Finance has submitted a range of ideas to help support economic growth.
Alongside the Chancellor’s Mansion House speech, the government will publish the Financial Services Growth and Competitiveness Strategy (FSGCS). In advance of these events, UK Finance has submitted a range of ideas to help support growth and reinforce the UK’s position as a global financial centre.
The 2024 Mansion House speech marked the beginning of a necessarily ambitious agenda for financial services, recognising the need to rebalance risk in the financial system to support growth.
Taking a careful but decisive move away from risk aversion – and towards a more internationally competitive approach to regulation – will help the financial services sector better support UK businesses, consumers and the government’s growth mission.
Drawing on our recently published Plan for Growth, our submission sets out how we can build on the strong foundations laid over the past year and move from ambition to deliver. Our proposals centre on three objectives:
Creating a pro-growth operating environment
Ensuring our financial system is fit for the future
Unlocking financial services for consumers, businesses and society
Together, our ideas are designed to help the UK maintain its position as a leading centre for innovation and investment in financial services – and to support long-term, sustainable economic growth.
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04.07.25
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