In response to the publication of the government’s Modern Industrial Strategy, Hannah Gurga, ABI Director General said:
"Today’s Industrial Strategy delivers a clear long-term growth vision, commitment to genuine partnership with business and the regulatory certainty firms need to thrive. We’re pleased that financial services has been recognised as a key growth sector and look forward to working with government on the detailed sector plan.
“The expansion of the British Business Bank’s capacity and its new £6.6 billion growth-capital commitment will unlock vital funding to support smaller UK businesses and drive growth.”