Posted: 3 Jul 2025 Resource Type: Research Report Download Back This landmark report calls for a bold transformation in the UK’s regulatory culture to unlock economic growth and enhance international competitiveness. The report outlines ten practical recommendations to ensure that regulators, government, and industry work together to embed a growth mindset across the UK’s financial services ecosystem. It builds on the momentum of the Financial Services and Markets Act 2023, which introduced a secondary objective for regulators to promote international competitiveness and growth. The report argues that this objective must be reflected not just in new rulemaking, but also in how regulation is interpreted, supervised, and enforced on a daily basis. The recommendations come at a critical time. Recently, the House of Lords Financial Services Regulation Committee warned the UK risks ceding ground to more dynamic global financial centres if it fails to align its regulatory culture with its economic ambitions. Download the full report to read all ten practical recommendations. You can also download the Executive Summary. Share: Share to LinkedIn LinkedIn Share to X Share to Facebook Facebook Share to WeChat WeChat Share to WhatsApp WhatsApp Share to Email Email Download Related content Research Report Unlocking AI skills in financial and professional services Jun 2025 - A bold, practical proposal to address the UK’s AI skills gap in financial services. Unlocking AI skills in financial and professional services Research Report From commitment to action | Tracking UK financial services’ progress on the pathway to net zero Jun 2025 - The third edition of From Commitment to Action, developed for the Net Zero Delivery Summit, tracking progress of financial services firms’ net zero commitments in both the UK and globally. From commitment to action | Tracking UK financial services’ progress on the pathway to net zero Thought Piece Price (some of) it now or pay more later: the case for letting carbon markets get to work Jun 2025 - Why outdated labels are a symptom of stalling progress—and how markets can fix it, a guest blog from Gordon Bennett, Managing Director, ICE Price (some of) it now or pay more later: the case for letting carbon markets get to work Research Report Scaling the global carbon markets Jun 2025 - Building on our 2022 report Enabling the Voluntary Carbon Market, this paper reflects on progress to date and refreshes our earlier recommendations. Scaling the global carbon markets