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UK financial sector sees 10-year government growth strategy unveiled

( July 15, 2025, 09:42 GMT | Official Statement) -- MLex Summary: The UK finance ministry has published its 10-year growth strategy for the country's financial sector outlining a number of policies to boost growth. Changes include setting shorter deadlines for regulatory applications, reforming the Financial Ombudsman Service, easing rules for appointing senior managers in financial firms, and allowing for more mortgages to be provided to first-time buyers. The announcement of the reforms comes ahead of an address by finance minister Rachel Reeves to the financial services industry this evening.  Statement follows and strategy is attached....

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