TheCityUK responds to the 2024 Spring Budget

06 March 2024

Following today’s Spring Budget statement by the Chancellor, Miles Celic, Chief Executive Officer, TheCityUK, said:

“Today’s Budget put forward positive measures to attract more investment into the UK and to drive growth across the economy. The introduction of British Savings Bonds, a new British ISA and pension fund reforms are all positive steps towards supporting British companies, boosting investment in UK equities and improving returns for pensioners and savers.

“But more remains to be done. We urge the government to continue to focus efforts on stimulating investment and growth by simplifying the existing ISA regime and removing stamp duty on shares – both of which could deliver better outcomes for savers, pensioners and the UK economy.”

Miles Celic photo
Miles Celic Chief Executive Officer

Miles Celic is Chief Executive Officer of TheCityUK, a position he has held since September 2016. He is also a board member of UK Finance and the Financial Services Skills Commission.