Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent steps his Department has taken to help support the financial services sector.

The Edinburgh Reforms, launched by the Chancellor on 9 December, take forward the government’s ambition for an open, sustainable, and technologically advanced financial services sector that is globally competitive and acts in the interests of communities and citizens across all four nations of the UK. These reforms build on the work the government is already taking forward through the Financial Services and Markets Bill and the reforms to Solvency II announced at the Autumn Statement.