Burnham means evolution, not a revolution for financial services The focus is shifting from designing reforms to delivering them The next wave of reforms is already taking shape with AI at the top of the list Growth remains important, but the politics will increasingly focus on the cost of living Fiscal constraints will shape the Chancellor's first Budget Defence, devolution and regional […]
Non-Bank Financial Intermediaries (NBFIs) from asset managers, private credit providers, insurers now account for nearly half of global financial assets. Operating outside of the traditional banking sector, these firms offer critical financial services and credit without taking deposits. As their influence in global market grows, so does regulatory attention. Policymakers and standard setters are ramping […]
The UK has a confused approach to private markets. Venture and private equity investors provide 81% of equity capital in 2024 and 73% between 2020 and 2024.[1] In the City and across Whitehall, this is both lauded and feared. Private markets are variously portrayed as the UK’s high growth saviour and a high risk, opaque […]
In December Keir Starmer and Rachel Reeves went searching for growth in an unusual place – among the UK’s regulators. Each received an early Christmas present in the form of a letter asking for pro-growth ideas. Since then, the Government has mounted pressure on regulators to eliminate barriers and go for growth. First with the […]
The Financial Conduct Authority (FCA) and its CEO, Nikhil Rathi, remain under significant pressure from industry and politicians to demonstrate delivery against its secondary international competitiveness and growth objective (SICGO). It recently published a report on SICGO, reflecting on the first year of its new secondary objective. Recent reforms such as the listings review show […]
