Chancellor George Osborne reiterated in his budget speech his desire to see the UK become the world's fintech capital “The government is determined to drive increased competition in the banking market, so that banks, alternative providers and fintech firms compete vigorously, on a level playing field, to win and retain customers." This was backed up by A report from the UK Government Chief Scientific Adviser entitled "FinTech Futures - The UK as a World Leader in Financial Technologies"