The review has been tasked by ministers to come up with ideas on how to support the UK’s buoyant fintech sector. The government sees the industry as a key area of focus as it considers where to prioritize future industrial strategy efforts after Brexit. London has been the centre for much of the fintech industry in Europe, with so-called “unicorn” companies worth more than £1b such as Revolut, Monzo and TransferWise setting up in the UK capital.
The recommendations, which are still being finalised, are expected to propose tech visas to bring in essential talent for the UK’s most dynamic companies, as well as changes to the listing regime to ensure that the London stock market is more attractive to founders of fast growing firms.
https://www.ft.com/content/f38e3d32-de20-4580-9bc8-655cc2b04e5b