IA calls on Chancellor for 'competitive' budget to aid green transition

"This is a vital budget"

The Investment Association has called on UK Chancellor Rishi Sunak to bring forward a “competitive” budget for the country’s financial services sector that will aid the transition to net zero.

The Chancellor was urged by the investment trade body to ensure the UK remains a leading international finance hub in his budget - due to be presented on 27 October - while also allowing the investment management industry to "play its part in the fight against climate change". The Net Zero Strategy: All the top announcements at a glance The IA said Sunak needs to build on the delivery pathways outlined in the Treasury's Net Zero Strategy to develop clear, long-term, sector-specific net zero transition plans. According to the IA, further detail on the roadmap to net zero is needed i...