HM Treasury has published a press release confirming a significant package of measures aimed at making the UK the prime destination for financial services by 2035, referred to as the "Leeds Reforms". The Leeds Reforms cover a broad range of financial services sub-sectors, and include proposals and initiatives to unlock retail investment, remove frictions to investment activity in the UK, free capital for investment in the UK, and promote innovation. The Reforms formed the foundation of the Chancellor of the Exchequer's speech delivered at Mansion House on 15 July, in conjunction with the UK's Financial Services Growth and Competitiveness strategy.
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