Boosting SME lending, leading on digital assets, driving safe AI adoption, combating fraud & cyber threats, & tackling financial exclusion.
Thank you @UKFtweets for the invitation to join today’s summit & talk about the critical role of financial services as a growth enabler.
Delighted to be appointed Economic Secretary to @hmtreasury, & to be working alongside Chancellor @RachelReevesMP & our excellent Treasury team.
It’s never been so important that we harness the might of our financial services sector, & drive investment & growth right across 🇬🇧
We are taking action to cut red tape and boost growth, with 60 growth boosting measures.
From sweeping away rules blocking new housing and infrastructure projects, to new measures to boost foreign investment, we are working to grow our economy.
We need to regulate for growth, not just for risk.
Read my @CityAM article to read about what the Chancellor and I are doing to ensure the industry continues to innovate, grow and finance investment across Britain.
https://t.co/VRhwTZaGtE
"I was nine and I had that spark, and I followed his spark. And that spark is something that I think we all have in us." - @qtiptheabstract
Hear @atcq's full acceptance speech from the 2024 Rock & Roll Hall of Fame Induction Ceremony, now streaming on @Disneyplus. #RockHall2024
Delighted to speak at @TheFCA parliamentary reception last night. Our regulators are vital to facilitating growth, which is why it's so important that they embed the secondary growth and competitiveness objective.
We had an interesting roundtable this morning hosted by @UKFtweets and @EYnews to discuss Labour’s vision for financial services.
The Government is committed to working in partnership with the financial sector to fix the foundations of our economy and deliver sustainable growth.
Ended the night with a speech at the @UKFtweets and Woburn Partners #Lab24 party, alongside @hjvernon and Bob Wigley from UK Finance.
A great event to cap off a busy Conference Sunday!
Alongside @SEAresource we are calling for a government task force to help people impacted by financial abuse. Read @BBCNews⤵️featuring a quote from our Head of Vulnerability Policy @FionaDTurner. More info in our From Control to Financial Freedom Report: https://t.co/QA7riYNcYQ
The UK is a leading global financial hub, home to a financial services sector that employs over a million people & contributes almost 10% of the country's total economic output.
@RachelReevesMP met key international bank leaders today to discuss government plans to boost growth.
Millions of people rely on cash and in-person banking services in their everyday lives. Making sure that everyone can access them is vital.
Last week, I secured a commitment from the banks to roll out 350 banking hubs by 2029, supporting access to cash and banking services.
I welcome the progress made by @TheFCA & the PRA to deliver on their new secondary objective to facilitate growth & competitiveness.
Good regulation is key to a thriving economy & FS sector, and I will work closely with the regulators so these new objectives achieve their aims.
Two weeks ago today I was appointed City Minister in @hmtreasury.
It's been a whirlwind, working non-stop to deliver the change that people voted for and the economic growth our country needs.
Watch my first visit to the City with @RachelReevesMP 👇
Tonight, I am proud to have earned the support needed to become our party’s nominee.
Over the next few months, I'll be traveling across the country talking to Americans about everything on the line. I fully intend to unite our party and our nation, and defeat Donald Trump.
On behalf of the American people, I thank Joe Biden for his extraordinary leadership as President of the United States and for his decades of service to our country.
I am honored to have the President’s endorsement and my intention is to earn and win this nomination.