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UK Finance releases financial services manifesto; Industry uneasy over BoE’s ‘Basel 3.1’ delay

Plus: Labour and Conservatives plan freeze on income tax thresholds, and more
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UK Finance releases financial services manifesto; Industry uneasy over BoE’s ‘Basel 3.1’ delayImage: Andy Rain/EPA-EFE/Shutterstock 

UK Finance, a banking trade association that represents over 300 UK financial services companies, has released its financial services manifesto, urging the next government to prioritise key policies to boost economic growth and improve the sector’s social impact.

Its key recommendations include enhancing personal savings allowances, incorporating financial education into school curriculums and establishing a task force to combat financial abuse. Additionally, proposals aim to support communities through measures targeting fraud prevention, infrastructure investment and net zero initiatives. 

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