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Written question asked by Jeremy Hunt (Conservative) on Wednesday, 4 March 2026, in the House of Commons. It was due for an answer on Tuesday, 10 March 2026 (named day). It was answered by Lucy Rigby (Labour) on Tuesday, 10 March 2026 on behalf of the Treasury.


City of London: Competition

Question

To ask the Chancellor of the Exchequer, what steps she is taking to help improve the global competitiveness of the City of London.

Answer

The government’s Financial Services Growth and Competitiveness Strategy , co-designed with industry, sets out the government’s ten-year plan to make the UK the world’s centre of choice for financial services investment now and in 2035.

Since July, the Government has been squarely focused on delivery the Strategy, including launching the Office for Investment: Financial Services to attract and support global firms to establish and grow in the UK and UK listings relief – exempting shares from Stamp Duty Reserve Tax for the first three years that a company is listed.

The government will continue working at pace to deliver the reforms it has committed to.


Secondary information

Type
Written question
Reference
908201
Session
2024-26
Registered interest declared
Yes
Question not reached
Yes
Subjects
City of London Competition
Link
View this Written question on www.parliament.uk