Mansion House Debrief: What's Next for UK Financial Services?

Katherine Griffiths, Bloomberg’s City Editor, dives into the aftermath of Chancellor Rachel Reeves' Mansion House speech. She highlights the Chancellor's ambitious vision for the UK financial sector, stirring positive reactions among industry leaders. The discussion includes the hot button topic of ring-fencing regulations and how banks are grappling with their implications. Additionally, they explore the Labour Party's evolving relationship with the City, touching on non-domiciled taxation and new mortgage regulations, all aimed at invigorating the UK's economic landscape.