The UK government has promised to streamline the way overseas investment funds can be sold in the British market — a key plank in a planned Financial Services Bill meant to reassure a City dismayed at the prospect of a no-deal Brexit.

The Queen’s Speech, delivered on October 14, lays out the UK government’s planned programme for the legislative year ahead. However, since the administration of prime minister Boris Johnson has no majority in Parliament, commentators see the speech as a pitch to the public ahead of a general election.