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Grow now, don't rely on regulatory reform, UK finance sector's ambassador urges

By Sofia Gerace ( February 26, 2025, 12:17 GMT | Insight) -- The UK financial industry mustn't wait for promised regulatory reforms to build their businesses and contribute to national economic growth, its chief global ambassador has urged. Boosting growth is at the core of the current government's agenda, and financial regulators have come under pressure to help, but there are pro-growth actions that firms can be taking right now, Alastair King, Lord Mayor of the City of London, told MLex in an interview.  The UK financial industry mustn't wait for promised regulatory reforms to build their businesses and contribute to national economic growth, its chief global ambassador has urged....

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