Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she is taking steps to help ensure that the Financial Services Growth and Competitiveness Strategy supports the wider economy.

Financial services is central to the government’s modern industrial strategy due to the key role it plays in financing growth across the economy.

The Chancellor’s Mansion House speech set out how the government will work with the sector to deliver sustainable, inclusive growth. This included publishing pension reform proposals to unlock billions of pounds of new investment into the UK economy and reforms that will help the sector support the Net Zero transition.