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“UK must overcome its allergy to risk” – City reacts to new FCA strategy

A view of Canary Wharf
City of London Corporation has said the UK must take more risk to boost growth. John Keeble/ Getty Images

Hameed Shuja

2 min read
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City bosses had constantly criticized the FCA for its aggressive regulatory approach towards businesses.

Business bosses in London have reacted positively to the FCA’s new five-year strategy and said the UK’s financial markets and systems must be prepared to take more risk in order to remain relevant and competitive on the global stage.

The reaction comes after the FCA on Tuesday announced the launch

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