Sunak Promises to Sharpen City of London’s Competitive Edge
- Plan to emphasize focus on green finance and technology
- Mansion House speech comes day after green gilt announcement
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Chancellor of the Exchequer Rishi Sunak will promise to bolster the U.K. finance industry’s competitive edge on Thursday, the latest move by the U.K government to champion a sector that it largely ignored during Brexit.
The country’s finance minister will outline an “ambitious vision” for reforming financial services as part of his annual speech at Mansion House on the state of the U.K. economy, according to a statement. The Treasury will publish a roadmap fleshing out the proposals later Thursday.