The future of finance report
Introduction by Huw van Steenis
The Governor asked me last year to lead a review of the future of the UK’s financial system, and what it might mean for the Bank of England’s agenda, toolkit and capabilities over the coming decade.
We agreed this work should be grounded in how finance serves the economy. And in turn, how the Bank can enable innovation, empower competition and build resilience. The team and I have kept this uppermost in our minds.
Over the past nine months, I have met with over 300 entrepreneurs, financiers, tech firms, global investors, consumer groups, charities, policymakers and business leaders across the United Kingdom and overseas.