Finance
UK opens new concierge service in bid to woo more finance investment
Published by Global Banking & Finance Review®
Posted on October 16, 2025
1 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on October 16, 2025
1 min readLast updated: January 21, 2026
The UK has launched a concierge service to attract financial investments, aiming to simplify processes and reduce regulatory uncertainty.
WASHINGTON (Reuters) -Britain's government said on Friday it has launched what it hopes will be one-stop, concierge service to make it easier for financial services firms to invest in the country.
The new Office for Investment: Financial Services will seek to attract investment to cities around Britain, finance minister Rachel Reeves said. The service will include helping investors pick locations and navigate British regulation.
Reeves announced the plan earlier this year as part of a broader push to reduce regulatory uncertainty. The new agency will involve the Treasury, financial regulators and the City of London Corporation.
On Thursday, Reeves said she did not disagree with arguments from finance firms that taxes on them in Britain were relatively high, suggesting they will not bear the brunt of tax increases she is expected to announce in her November 26 budget.
(Writing by William Schomberg in London, editing by William James)
A concierge service in finance provides personalized assistance to investors, helping them navigate regulations and choose suitable locations for investment.
Regulatory uncertainty refers to the lack of clarity or predictability in regulations that can affect business operations and investment decisions.
Foreign investment involves investing capital in a country by individuals or entities from another country, often to gain access to new markets or resources.
The Treasury is responsible for managing the UK's finances, including formulating economic policy and overseeing public spending, which can influence investment decisions.
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