UK Finance: Tories need to build confidence in the economy

Michael Lloyd

December 13, 2019

The new Conservative government must build confidence in businesses and the economy, UK Finance has claimed.

Stephen Jones (pictured), chief executive of UK Finance, said: “After months of stagnation and political impasse, the Prime Minister has been given a clear mandate.

“It is vital the government now focuses energy on delivering the Withdrawal Agreement and building an environment for a strong economy that encourages investment and confidence for businesses and consumers right across the UK.

“The banking and finance sector plays a vital role in our economy, employing over half a million people and providing essential services to millions of consumers and businesses, so it’s important the government enables an environment where competition in the industry can thrive.

“As this Election campaign has shown, there are many shared challenges that the government and business must work together to address.

“From ensuring a just transition to a carbon-neutral economy to tackling the growing threat of fraud and economic crime, it is important that progress is now made to address these issues.”


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