Next month, Chancellor of the Exchequer Rachel Reeves will deliver her first Mansion House speech, highlighting the positive impact of finance firms on the UK economy. Reeves aims to address and reduce regulatory barriers that impede business operations in order to enhance the country's competitiveness.

Alongside her speech, new guidance for the Prudential Regulation Authority and Financial Conduct Authority is expected to be released, reflecting the Labour government's commitment to creating a more favorable environment for financial services in the UK.