A much-hyped Pensions Reform Bill that could help alleviate London’s listings struggles did not feature in the King’s Speech on 7 November, as the government laid out a legislative agenda that focused little on one of its flagship City policies.

Outlining the government’s plans for the year ahead, King Charles said legislation was being brought forward to “make the economy more competitive, taking advantage of freedoms afforded by the UK’s departure from the European Union” and that the government would take “long-term decisions in the interests future generations”.