Bang!

As we cast an eye forward to the future of the UK’s financial market, it is also a helpful moment to look backwards. Thirty years ago this week, Margaret Thatcher ushered in a series of measures deregulating London’s Stock Exchange, and overnight the shape of our financial markets was transformed. The move to technology-backed, free market banking is accredited with securing London’s global financial crown, as well as with the birth of Canary Wharf. It would be easy to forget that it is not our right to hold this title, but a privilege won through challenge and innovation. Our deep rooted financial infrastructure will act as a brake on industry relocation post-Brexit. However, our willingness to embrace and encourage new industries such as FinTech will surely be what marks out our success looking forwards.