The City of London is seen as a ‘crown jewel’ of the UK economy, central to the Government’s plans to promote economic growth and competitiveness. At the Financial Inclusion and Markets Centre (FIMC) we fully support  the need for a successful finance sector that works for the real economy, environment, and society. But, we question the central role given to finance and how growth is being pursued.  The current deregulation agenda and creating pro-growth conditions for the City risks reversing the progress made in making the financial system more resilient post 2008 and cleaning up finance after the litany of scandals that left a legacy of mistrust. Policymakers risk forgetting the lessons from history, that: the UK is still exposed to the ‘too much finance’ curse; and allowing finance to become too dominant is counterproductive to creating sustainable, equitable growth shared across the UK regions.  The job from making finance work is far from done yet the operational i...