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Behind the Money
What the City of London wants from Labour
Jul 17, 2024
The FT’s chief UK business correspondent Michael O'Dwyer analyzes the expectations of City of London executives from the newly elected Labour government. Topics include the role of the UK's financial services sector, challenges post-Brexit, city executives' perspectives on regulations, and expectations from the new government for stability and reform.
25:15
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Quick takeaways
- City of London executives seek stability and predictability in the UK's financial services sector for easy investment decisions.
- Labour government focuses on kick-starting economic growth with green projects and creating a pro-business environment.
Deep dives
The Importance of Stability and Certainty in Financial Services Sector
City of London executives are seeking stability, predictability, and certainty in the UK's financial services sector to facilitate easy investment decisions and operational planning. Various economic challenges like Brexit and the pandemic have led to instability, prompting the need for a more stable environment for decision-making and investment.
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Discover
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