Labour lacks the ambition to boost the City’s potential Bim Afolami While Labour will raise businesses taxes, only the Conservatives understand that it’s entrepreneurs that create growth, wealth and opportunity, says Bim Afolami Elections are about a choice informed by a reflection on the past to make a crucial judgement about our future. Over the past 14 years, the UK, with London at its heart, has [...]
A new UK ISA will give British savers a share in our country’s future prosperity Bim Afolami As we mark the 25th anniversary of the ISA, the government is planning to expand the tax free savings offer to give more people a stake in out country’s success, says Bim Afolami It’s a little-known fact that the majority of ISA holders earn less than £30,000 per year. Not just a tool for the [...]
Ignore the ideologues, we should take our time to get rid of EU laws and do it right Bim Afolami Kemi Badenoch did right in facing down the critics and moving the goalposts to scrap EU legislation. We need to have enough time to ensure we do it the right way, writes Bim Afolami
Britain has a productivity problem – but we have the tools to solve it April 14, 2021 Budgets come and go. There is a huge buildup, the papers are filled with speculation and leaks, and in the days before excitement in Westminster reaches fever pitch. It is one of the few times when you will find all backbench MPs avidly reading government documents in detail because they know the details matter. Most [...]
Brexit gives us the chance to refit our financial regulation for the 21st century February 17, 2021 Britain’s departure from the European Union has created a unique opportunity to re-shape our regulatory framework for financial services; setting the sector up for continued success in the years to come and maintaining the UK’s position as a globally competitive financial centre. With Brexit complete – and many regulatory powers returning to the UK for [...]
It’s time for the UK to set its financial services sector up for success September 3, 2020 With the Brexit transition period drawing to a close, the United Kingdom has a unique opportunity for legislative and regulatory reform. For our financial services sector, the Treasury’s review of the regulatory framework presents a fantastic chance to set the UK up for another decade of global leadership, in an international market that is fast-changing [...]
The UK’s unrivalled regulatory framework is at the heart of our success as a finance hub February 4, 2020 Britain has officially progressed into the next chapter of growth, and can begin negotiations to achieve the trading partnerships and relationships that will secure our competitive future. Having spent several years in the City myself and now as MP for Hitchin and Harpenden, a constituency with thousands working in financial services, this sector remains one [...]
