The City will be listening eagerly to Rachel Reeves in the august surrounds of the Mansion House later this month to hear how the Chancellor intends to make good on the promises of Labour’s Industrial Strategy.
The answers can’t come soon enough. The strategy identified financial services as one of eight key sectors and voiced aspirations to make London “the world’s most innovative full-service financial centre”, but her speech comes just weeks after three of the UK’s brightest tech talents agreed to sell themselves to US buyers in deals worth more than £6 billion.
