From Morningstar:

Edinburgh has a reputation for arts and culture as well as being a major insurance center and the headquarters of NatWest Group, bailed out in the financial crisis. The Chancellor’s new Edinburgh Reforms are aimed at boosting corporate performance to benefit pension funds and investors.

By 2024, UK regulations are a legacy of the financial crisis, raising concerns if the current regulatory regime is too strict, hampering economic growth.

London’s FTSE 100 barely moved amid the subdued mood in UK markets. The country struggles to attract the right companies to list in London, and there is growing concern about the proportion of finance and energy stocks in FTSE 100.

The UK government focuses on “agility” and “dynamic, proportionate regulation” to maintain its status as a financial services hub.

The upoming election raises the possibility of a change in government. The Tories are showing fatigue, and Labour’s approach to financial regulation may emphasize collaboration with business.



Read more: Would a Labour Government Overhaul The City?