In December 2022 the Government announced a package of reforms aimed at driving growth and competitiveness in the financial services sector. Known as the 'Edinburgh Reforms', they comprise four main areas: a competitive marketplace promoting effective use of capital; sustainable finance; technology and innovation; and consumers and business.
As part of our work on productivity, funded by The Productivity Institute, we held a one-day workshop to discuss the relationship between financial stability and growth in the UK. We explored the complex relationship between the financial intermediation sector and economic growth, with contributions from: