Markets React to Rachel Reeves' Controversial Mansion House Speech

Markets react to Rachel Reeves' controversial Mansion House speech

The chancellor called on regulators to focus on the benefits of investing.

Chancellor turns to property to bolster Treasury coffers

Chancellor Rachel Reeves crying in the House of Commons – Image: Parliament TV Jonathan Edwards When the Chancellor breaks down in the Commons a night after a big rebellion stopped one of the UK Government’s main efforts to reduce expenditure by cutting support for disabled people, it indicates the Treasury know they are in danger of not meeting their own self-imposed fiscal targets. Labour has placed fiscal competence as a totemic symbol for th…

Mansion House reaction: Work to build ‘dynamic’ finance culture begins now – Mortgage Strategy

The mortgage industry broadly welcomed the Chancellor's Mansion House speech last night, where she said: “In too many areas, regulation still acts as a boot on the neck of businesses”.   Rachel Reeves (pictured), in comments to the City, said her ongoing reforms across mortgage lending, retail investment, capital

Mansion House 2025: The Fintech Industry Reacts

Rachel Reeves, the Chancellor of the Exchequer, gave her first Mansion House speech and it wasn’t one where she played it safe. Reeves said she wants to change how the UK’s financial system is set up and help the economy grow. She sees the financial industry, especially payments, as a key part of the government’s plan for the country’s economy Reeves wants to make the UK a leader in finance again and thinks the way to do this is by using new tec…

FTI Consulting UK Public Affairs Snapshot: Mansion House – Reeves banks on the City to power growth - FTI Strategic Communications

Last night the Chancellor of the Exchequer Rachel Reeves stood in front of an audience of City leaders and delivered her annual Financial Services address at Mansion House – her second since entering government. Delivered against a backdrop of waning public popularity and a flatlining economy, it marked an opportunity to trumpet the government’s ambitious plans for the City to rebalance risk in the financial system from one of risk aversion towa…

Industry welcomes chancellor's 'regulatory easing' in Mansion House reforms

Chancellor Rachel Reeves set out wide-ranging financial services reforms yesterday in a bid to unlock retail investment and cut red tape. Reeves said the main objectives of the reforms, set out in her Mansion House speech last night, were to position the UK as the top global destination for financial services by 2035, to double the growth rate in UK net exports of financial services over the next decade and to create skilled jobs across the coun…