VerbatimParliament, as it happens

Financial Services

Asked by Callum AndersonLabourTreasuryTabled Answered 7 October 2024UIN 5485

The question

To ask the Chancellor of the Exchequer, what steps she is taking with Cabinet colleagues to promote the UK financial services industry in (a) Asia, (b) Africa and (c) other countries.

Answered by Tulip Siddiq

The financial services sector is one of the UK's greatest assets and will be at the heart of delivering the sustainable economic growth that is this government’s core mission. Promoting the financial services sector abroad will be central to our efforts to enhance the UK's international competitiveness and bolster its status as an open, global financial hub. We will continue to collaborate with international partners to increase trade and investment and shape global regulatory standards.

Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →

Open this question in Verbatim →

Every written question, searchable

155,000 questions tabled since the election, with the answer each department gave — and the ones still unanswered, with the clock running. Free to search.

Search written questions →Read on Verbatim