商業快報

Bank of England proposes ‘concierge’ service to welcome foreign firms

Prudential Regulation Authority has been studying rule changes that could boost growth
The Bank of England has been looking at a similar service already operating in Singapore

The Bank of England said it is considering setting up a “concierge service” to help foreign companies looking to establish a UK operation, as it responded to the government’s request for growth-enhancing measures.

The central bank has been studying a similar service that is already offered by Singapore, Sam Woods, head of the BoE’s Prudential Regulation Authority, said in his letter to the prime minister published on Monday.

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