Chancellor of the Exchequer Rachel Reeves pledged to shake up post-crisis rules that are meant to shield consumers’ money from the vagaries of investment banking as the UK government looks to the finance sector to help spur economic growth.

The UK FTSE 100 markets are set to react on Wednesday (July 16) following Rachel Reeves' second annual Mansion House speech to the financial sector. The chancellor said she is considering "further changes to ISAs" and encouraged regulators to put more focus on the benefits of investing in the stock market.

Chancellor Rachel Reeves has told City bosses that Britain cannot meet its growth ambitions without a “fighting fit and thriving” finance sector, as she urged regulators to resist “excessive caution”.

Rachel Reeves to address taxes and pensions in Mansion House speech - Stock markets updates, plus business and money news on Tuesday

Bond yields soared at the sight of Reeves crying in the House of Commons earlier this month, amid concerns she might be about to leave the Treasury. Markets feared that a new Labour chancellor would take a looser fiscal approach.

Chancellor Rachel Reeves has told City bosses that Britain cannot meet its growth ambitions without a 'fighting fit and thriving' finance sector, as she urged regulators to resist 'excessive caution'.

Chancellor Rachel Reeves is delivering her second Mansion House Speech today (15 July) where she is expected to address plans surrounding financial services, pensions and investment.

Mansion House address, Chancellor Rachel Reeves stated an ambition for the UK to be the world’s top destination for financial services firms within a decade. But will the measures announced help or hinder environmental and social progress?

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