Financial Services: Technology

(asked on 11th February 2026) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of recent trends in UK tech and fintech investment, and how this is informing their strategy to maintain competitiveness in emerging financial technologies.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 24th February 2026

In 2025, the sector attracted $3.6 billion of investment - second only to the US. As set out in the Government’s Financial Services Growth and Competitiveness Strategy (“the Strategy”), the UK aims to be the world’s most technologically advanced global financial centre, and to remain a leading jurisdiction for Fintech firms to start-up, scale and list.

The UK has a long history as a powerhouse of financial services innovation. The Strategy set out a comprehensive package of reforms to maintain the UK’s global leadership in Fintech.

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