Chris Hayward, Policy Chairman at the City of London Corporation, said:
“The Chancellor’s commitment to driving investment and long-term growth is timely and welcome. Business leaders across the UK remain laser-focused on growth, now it’s time for government to create the conditions to unleash it.
“The City Corporation is proud to partner with government on major initiatives like the Investment Hub, in collaboration with the Office for Investment to attract up to £10 billion in financial services investment by 2030, and the Transition Finance Council to advance the UK’s leadership in sustainable finance.
“We are clear: the path to economic renewal lies in public-private partnership, proportionate regulation, and a globally competitive tax regime. The Chancellor must avoid tax increases that could weaken the UK’s offer in a global race for capital and investment. The City will continue to convene, collaborate, and champion British enterprise, working with the Chancellor to deliver the Labour Government’s mission of achieving the highest sustained growth in the G7.”
Notes to editors:
The City of London Corporation is the governing body of the Square Mile dedicated to a vibrant andthriving City, supporting a diverse and sustainable London within a globally-successful UK. www.cityoflondon.gov.uk
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