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<p>The government is committed to ensuring the continued global success of the financial
services sector. At the Autumn Statement, the government set out further progress
in delivering on the Edinburgh and Mansion House reforms, taking ambitious steps to
increase the flow of capital going to our more promising growth companies whilst further
enhancing the financial services regulatory environment.</p><p> </p><p>Decisions on
how firms like Lloyds Banking Group manage their workforce is a commercial consideration
for the firms themselves. However, this government is committed to creating the right
environment for businesses to invest, expand, and increase the number of high-quality
jobs for people and this remains at the centre of the government’s economic policy.
For example, at the Autumn Statement the government announced that full expensing
for qualifying business investments would be made permanent, giving the UK one of
the most generous capital allowances regimes in the OECD on a net present value basis.</p><p>
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