UK Chancellor Hails “Golden Age” for City of London After Sweeping Regulatory Reforms

United Kingdom Chancellor Rachel Reeves declared that the City of London is entering a “new golden age” of capital market activity following a series of tax and regulatory reforms aimed at invigorating investment and public listings. Speaking at the London Stock Exchange, Reeves highlighted recent successes including the FTSE 100 surpassing 10,000 points and a significant uptick in IPOs as evidence the reforms are yielding results. These policy changes — such as simplified listing rules and temporary stamp duty relief — are intended to make London more competitive against rival global financial centres. While optimistic sentiment is building among brokers and institutional investors, some analysts urge caution, noting that sustaining this momentum will require continued structural improvements and broader economic stability given global headwinds.