Anna Anthony, UK Financial Services Managing Partner at EY comments on the Chancellor’s speech at Mansion House:
“The UK is a leading global financial services market, renowned for innovation and providing an environment that enables growth. The Chancellor has announced areas of focus which represent a positive step forward, should boost UK attractiveness, and will benefit the economy, but as ever, success can only be measured on actions.
“We know that the UK offers deep capital markets and a highly skilled workforce, which are fundamental advantages in a globally competitive market, but we can’t be complacent – the industry must be actively supported to build upon this strong foundation and find new avenues for growth and innovation.
“If implemented as announced, the measures stand to simplify the listing process and unlock further innovation, which will help attract businesses from across the world to the UK to access the capital and skills they need to grow, while also providing better outcomes for the UK’s pension savers.”