John Glen: Financial services growth and competition will be fostered post-crisis

Investor behaviour will change

Growth and competition in the financial services industry will be encouraged and facilitated by government policy as the country emerges from the Covid-19 crisis, Economic Secretary to the Treasury John Glen has said.

Speaking at the Personal Investment Management & Financial Advice Association (PIMFA) Virtual Fest this morning (3 June), City minister Glen told delegates the industry was a core part of the Government's response to the coronavirus pandemic and it had responded effectively. Coronavirus Blog: Pressure on Treasury to crackdown on furlough misuse During his session, Government priorities for recovery following Covid-19, he said the Government was fully confident of a strong economic bounce back and, while investor behaviour will change the interaction between the consumer and capital ma...