Call for evidence outcome

Financial Services Growth and Competitiveness Strategy

From:
HM Treasury, The Rt Hon Rachel Reeves MP and Emma Reynolds MP
Published
14 November 2024
Last updated
21 July 2025 — See all updates
This call for evidence has closed

Read the full outcome

The Financial Services Growth and Competitiveness Strategy

PDF, 12.1 MB, 76 pages

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Financial Services Growth and Competitiveness Strategy: Overview

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Detail of outcome

The government’s ten year plan to drive the growth and competitiveness of financial services in the UK.

This Strategy sets out the government’s ten-year plan to enable the UK to once again be the global location of choice for financial services firms to invest, innovate, grow and sell their services throughout the UK and to the world.

Original call for evidence

Summary

This call for evidence will inform the development of the financial services sector plan, a key part of the government’s modern industrial strategy.

This call for evidence ran from
to

Call for evidence description

The financial services sector has been identified as one of eight growth-driving sectors in Invest 2035: the UK’s modern industrial strategy. The government is creating ambitious and targeted plans for each of the eight sectors, in partnership with business, devolved governments, regions, and other stakeholders.

This Call for Evidence will support the development of the financial services sector plan, referred to as the Financial Services Growth & Competitiveness Strategy.

The Strategy will be published in Spring 2025.

This Call for Evidence outlines the government’s proposed approach to the Strategy and seeks input from businesses, consumer groups, academic and other stakeholders, as part of the government’s commitment to co-design.

Once developed, the strategy will serve as the central guiding framework through which the government will deliver sustainable, inclusive growth for the financial services sector and secure the UK’s competitiveness as an international financial centre.

This call for evidence will remain open for four weeks, closing on 12 December 2024. The government welcomes representations from all stakeholders with an interest.

Documents

Financial Services Growth & Competitiveness Strategy: Call for Evidence

Ref: ISBN 978-1-917151-69-6

PDF, 472 KB, 39 pages

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Updates to this page

Published 14 November 2024
Last updated 21 July 2025 show all updates

  1. Updated with an additional descriptor in the technical annex, further relevant endnotes and links, and the removal of typographical and formatting errors.

  2. 'Financial Services Growth and Competitiveness Strategy: Overview' added.

  3. Financial Services Growth and Competitiveness Strategy update added.

  4. First published.

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