This morning the Prime Minister hosted a virtual roundtable with
financial services leaders alongside the Chancellor and the Governor of the Bank of England Andrew Bailey.
The discussions were wide ranging from boosting home ownership by
transforming generation rent to generation buy, to levelling up
and unlocking job opportunities from across the UK.
The Prime Minister began by thanking the sector for the role it
had played in supporting firms and households during the
pandemic.
The business leaders went on to discuss the economic recovery,
with the Chancellor and the Prime Minister reinforcing the
Government’s ongoing commitment to build back better and level up
in every corner of the UK.
They also discussed how to support innovation and the
competitiveness of the UK financial services sector now we have
left the transition period. There was recognition of the new
Global Talent Visa announced at Budget as an important step in
helping ambitious businesses attract the brightest and best
international talent.
The group welcomed ongoing collaboration to drive long-term
innovation and green growth – cementing the UK’s position as a
global financial centre.
Underpinning the discussions was a united drive to help deliver
on ambitious climate change targets as we transition to net zero
by 2050.
Today’s call will be followed by a series of Chancellor-led
roundtables with key players from the finance sector in the lead
up to the Chancellor’s and Governor’s Mansion House speeches.
