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Mansion House gives Rachel Reeves a chance to change the course

8 0
05.07.2025

Rachel Reeves has a chance to move from ambition to action with this year’s Mansion House Speech. Lets hope she takes it, writes David Postings

When I attended last year’s Mansion House speech it was fantastic to hear Chancellor Rachel Reeves say that the UK had become too cautious, with a regulatory environment that prioritised eliminating risk over enabling growth.

This year’s speech and the accompanying Financial Services Growth and Competitiveness Strategy are the opportunity for Reeves to build on that, taking us from ambition to action.

We’ve seen important early steps – from the long-overdue review of the Financial Ombudsman Service to the decision to fold the Payment Systems Regulator into the........

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