techUK looks forward to working with both government and members in the New Year to support implementation and ensure that the UK’s fintech sector remains world…
This week techUK has been digesting the chancellor’s Autumn Statement commitment to additional high-value investment in infrastructure and innovation, aimed at addressing the UK’s widely accepted productivity gap and in recognition of the growing pace of technology advances and competition from other leading economies.
Fintech feature prominently in the package of measures and has long been heralded for the productivity gains it can deliver to the financial sector and wider economy, as outlined in the Government Office for Science’s Fintech Futures Blackett Review.
The key activities and funding pledges relevant for Fintech, found in HM Treasury’s accompanying Green Paper, are as follows:
techUK looks forward to working with both government and members in the New Year to support implementation and ensure that the UK’s fintech sector remains world leading.
Read further content regarding the Autumn Statement:
>> What tech companies need to know: Autumn Statement
>> Autumn Statement Response: "A match-fit Britain is a tech-fit Britain"
>> Focus on IoT and smart infrastructure in Autumn Statement
>> Digital infrastructure investment at the forefront of Chancellor's intentions
>> What techUK called for in the Autumn Statement
>> techUK Deputy CEO Antony Walker's vision for a new industrial strategy