The financial and related professional services industry is a vital facilitator of investment and growth across the UK economy. It also plays a crucial role in supporting individuals to build financial resilience and plan for the future with confidence.
However, the UK’s future success in financial and related professional services is not guaranteed and we must not be complacent. Public policy will play a key role in enabling the industry to make its contribution to growth. The regulatory and tax frameworks under which we operate, and the way in which public agencies (including the industry’s regulators) implement those frameworks will all shape the UK’s competitiveness as an international financial centre, and the industry’s ability to support businesses, individuals and economic growth across the regions and nations of the UK.
This six-point plan for growth sets out the areas where industry can work with government and the regulators to enhance its international competitiveness and contribution to the UK economy and society.