Hann-Ju Ho, a senior economist at Lloyds, stated that it is exciting to see businesses have ambitious plans for the year ahead and are confident of growth.
According to KPMG research, seven in ten financial services bosses are optimistic that government plans will drive growth and competitiveness in the sector throughout 2025.
The quarterly poll revealed that 68% of senior financial services executives are confident that government strategies will attract foreign investment into the UK.
Rachel Reeves asserted the need to balance risk regulation with growth strategies in the financial services sector to adapt to changing market dynamics.
#uk-business-confidence #economic-growth #financial-services #government-regulation #profitability-outlook
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