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UK seeks fintech ‘big bang’

Lucid takes on Tesla, Airbnb’s rural revival, AirSelfie drone

Finance and technology go hand in hand in creating successful business environments, as the venture capitalists and tech entrepreneurs of Silicon Valley will testify.

With the UK losing trading business to the EU this year due to the lack of a services Brexit agreement, there is pressure to make London a global Spac centre, while today’s Kalifa report on UK fintech aims to maintain Britain’s advantage in combining technology with financial services.

The review, which was launched by chancellor Rishi Sunak at the Budget last March and has been led by former Worldpay chief executive Ron Kalifa, is one of a series commissioned by the government to help strengthen the UK’s position in finance and technology.

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