Clifford Chance
Mansion House Speech 2024: UK financial services policy initiatives
22 December 2024
The new Chancellor of the Exchequer gave her first Mansion House speech on 14 November 2024. The speech announced a range of measures which aim to:
- grow and enhance the competitiveness of the financial services sector
- consolidate the UK pension system to release new investment and better returns
- create a world-leading framework for sustainable finance
- support innovation in the sector
- retain protections while addressing the unintended consequences of regulation
- develop the mutuals sector to support inclusive growth.
This briefing provides an overview of the announced measures and indicates the next steps and timing (where available).
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