Growth, Risk, and Reform: Unpacking Mansion House 2025

On 15 July 2025, the Chancellor set out the “Leeds Reforms” and delivered her annual Mansion House speech to the financial services sector. Ahead of this speech, the Government also launched the Financial Services Growth and Competitiveness Strategy (FSGCS).

This briefing analyses the most significant policy developments from the Mansion House speech and FSGCS, and assesses how industry views the new reforms. 

As the FSGCS is a wide-ranging document covering all areas of financial services, this briefing zeroes in on the trends most likely to shape the Government’s growth strategy in the months ahead.

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