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2026-07-16 15:47:31 · csoo@vixio.com
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3327041
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3335523
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On 14 July 2026, the Chancellor delivered her annual Mansion House speech, setting out the government's economic strategy, delivery of the Financial Services Growth and Competitiveness Strategy and next steps to ensure that the financial services sector is helping to drive growth across the economy.

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TITLE: United Kingdom Government Announces Financial Services Growth Strategy and SME Lending Package BODY: On July 14, 2026, HM Treasury published the Mansion House 2026 collection, setting out the government's economic strategy and delivery of the Financial Services Growth and Competitiveness Strategy. Chancellor Rachel Reeves delivered her annual Mansion House speech outlining progress against the government's economic objectives, including tackling cost of living pressures, driving growth across the UK's nations and regions, and unlocking investment. The Chancellor announced an ambitious small and medium-sized enterprise (SME) lending package designed to unlock lending and investment across the economy. The government also outlined reforms to support the UK's financial services sector by positioning it at the forefront of innovation and ensuring it supports all parts of the UK. Key publications released alongside the speech include: One Year On: Delivering the FS Growth and Competitiveness Strategy, detailing progress on the Financial Services Growth and Competitiveness Strategy; the Wholesale Digital Markets Champion first report; the Dematerialisation Market Action Taskforce policy paper; the AI Adoption Plan for Financial Services; the Financial Services Skills Compact guidance; and recommendations of the Transatlantic Taskforce for Markets of the Future. The government also launched two open consultations: Safeguarding Stability, Enabling Growth: Consultation on Ring-fencing Reform and Modernising Payment Services Regulation. Additionally, HM Treasury published a draft statutory instrument and policy note on Alternative Investment Fund Managers Regulation. On July 10, 2026, HM Treasury released a press release on the UK financial system being strengthened with new safeguards for major technology providers. Stakeholders in the financial services sector should review the published documents and consider responses to the open consultations on ring-fencing reform and payment services regulation.
  • Scraped:2026-07-16 15:47:31
  • Created:2026-07-16 15:47:31
  • By:csoo@vixio.com (59)