A top priority for Andrew Griffith, a UK MP and economic secretary to the Treasury, is to “deliver the Financial Services and Markets Bill" this year.

At City UK's annual dinner on Thursday, Griffith said he hoped to get the bill on the statute book by Easter. The statute book is a record of all legislation passed and enacted in the UK. 

"My ambition is for us to be the global financial hub — using our strengths to enhance strong relationships with jurisdictions all around the world, attracting investment and increasing opportunities for cross-border trade," Griffith said in his speech.