Tagged: rishi sunak

Top Tech Companies Work with UK Government on Anti-Fraud Strategy, Tide Approves

Yesterday, the UK government announced a “world’s first” agreement with big tech to help battle online fraud, the most common type of crime in the country. The UK government is partnering with the likes of Amazon, eBay, Facebook, Google, Instagram, LinkedIn, Match Group, Microsoft, Snapchat,… Read More

CEO of NEO Reflects on PM Rishi Sunak’s Vision of the UK Becoming a Tech and Science Superpower

At today’s opening of London Tech Week, Prime Minister Rishi Sunak said he sees the UK as an “island of innovation.” Sunak reported that the UK has created 134 unicorns in the last ten years, stating that the UK is one of the most “digitally… Read More

Andreessen Horowitz (a16z) Announces Expansion to United Kingdom, Looks to Boost Blockchain Development

Andreessen Horowitz (a16z) announced that it will open its first international office in London and that it is planning the next Crypto Startup School accelerator program “to take place in the UK in Spring 2024.” a16z’s U.K. office will allow it “to work closely with… Read More

UK Looks to Support Innovation as HM Treasury Plans to Regulate Crypto, Launches Consultation Seeking Industry Input

The UK government has announced its intent to “robustly regulate crypto-asset activities.” In recent years, the UK has expressed its intent to become a crypto hub – supporting innovation while crafting a regime that provides sufficient consumer protections and transparency. The goal is to deliver… Read More

Crypto Firms Look to New PM Rishi Sunak to Clear the Path for Digital Asset Innovation

With the advent of a new Prime Minister in the UK, expectations are high that Rishi Sunak will chart a determined path to enable Fintech innovation, including in the digital assets ecosystem. In the past few days, a new Financial Services and Markets bill was… Read More

Rishi Sunak is Pro Crypto: More Comments on New PM

As was reported earlier today, former Chancellor of the Exchequer Rishi Sunak has been selected to become the new Prime Minister, stepping in after Liz Truss was forced out following a rough couple of weeks. Several more comments have filtered in from Fintechs following the… Read More

Rishi Sunak in as Former Chancellor Poised to Become PM Following Brief Truss Reign

UK markets are showing a sign of relief following the news that former PM Boris Johnson has decided to pass on another go as the occupant of Number 10 Downing Street, and Penny Mordaunt tweeted she would stand down from the race, thus clearing the… Read More

UK Government to Recognize Stablecoins as Valid Forms of Payment, Aims to Emerge as Top Global Crypto Hub

HM Treasury announced today that the UK government will acknowledge stablecoins as a form of valid payment. The government is expected to create legislation to bring stablecoins within the payments regulatory perimeter, creating conditions for stablecoins issuers and service providers to operate and invest in… Read More

UK’s PensionBee Comments on How 2022 Spring Budget Could Affect Your Pension

It’s been a tough couple of years for the United Kingdom’s economy. Living costs are increasing, disruption continues as a result of the COVID-19 pandemic, and now there’s a war going on in Europe. So “all eyes were on Westminster” recently as the Chancellor, Rishi… Read More

Stefano Vaccino Joins Fintech Founders Network to Support UK Fintech Agenda

The team at Yapily reveals that their founder and CEO, Stefano Vaccino, has become the newest member of Fintech Founders, which is a network of the United Kingdom’s Fintech entrepreneurs offering an opportunity for “better collaboration with government, regulators, and other influencers across the financial… Read More

Autumn Budget 2021 Seeks to Make the UK a Science and Tech Superpower

“We are making this country a modern science and technology superpower,” Rishi Sunak, Chancellor of the Exchequer. The Autumn Budget 2021 was unveiled today as UK Chancellor of the Exchequer Rishi Sunak took the podium in Parliament to sell his vision. Once again, the Budget… Read More

John Flint Appointed as United Kingdom Infrastructure Bank Chief Executive

The Chancellor Rishi Sunak has decided to put John Flint, ex- Chief Executive at HSBC, at the helm of UKIB. Flint will be responsible for leading the UKIB to promote investments into various infrastructure initiatives that aim to lower emissions and assist with leveling up… Read More

Modulr CEO Comments on Chancellor’s Roadmap for Financial Services, Fintech

Yesterday, the Chancellor of the Exchequer Rishi Sunak outlined his vision for financial services in the UK. The Chancellor highlighted his goal of maintaining, and growing, the UK’s prominence in the finance industry – including the Fintech sector. Topics covered targeting Fintech included distributed ledger… Read More

Chancellor Rishi Sunak Charts Roadmap for Financial Services, Including Fintech, in Mansion House Speech

The Chancellor of the Exchequer Rishi Sunak has outlined his vision for financial services in the 2021 Mansion House speech. Charting the roadmap forward post-Brexit, the Chancellor noted the importance of financial services for the UK economy. Financial services currently employs around 2.3 million people… Read More

Bank of England and Bank for International Settlements Establish Innovation Hub in London

The Bank for International Settlements (BIS) and the Bank of England (BoE) revealed on June 11, 2021, that they’ve introduced the BIS Innovation Hub London Centre, which is notably the fourth Innovation Hub Centre to have been launched in the last couple years. The BIS… Read More

Chancellor of the Exchequer Rishi Sunak Outlines Proposals to Boost the UK’s Fintech Prominence

As UK Fintech week kicks off today, Rishi Sunak, Chancellor of the Exchequer addressed members of the industry outlining proposals designed to “enhance the UK’s competitive advantage in Fintech.”  This includes regulatory support and reforms to help Fintech firms grow. The Chancellor also commented on… Read More

Blend Network Says its Strategy of Funding £100-200k Flats or £200-400k Houses has Been Effective, and Might Be Even More Relevant Now

The team at UK-based Blend Network, an online P2P lender, notes that after a “short-lived” slowdown, the United Kingdom annual house price growth managed to recover with “renewed vigor” in February 2021. Blend Network writes in a blog post that January 2021 saw price growth… Read More

Crypto UK Sends Letter to Chancellor of the Exchequer: “We must ​show the world that the UK is open for business and innovation”

Crypto UK has sent a letter to the Chancellor of the Exchequer, Rishi Sunak, advocating on behalf of Fintech innovation – specifically crypto-assets. Crypto UK is a self-regulatory trade association for the UK cryptoasset industry, created to promote higher standards of conduct. Members include high-profile… Read More

New UK Fintech Visas May Create Problems Unless they’re Properly Designed to Support Controlled Migration, Legal Experts Claim

A new United Kingdom Visa to attract Fintech experts might lead to undesirable results unless the government figures out how to effectively deal with some of the potential issues, according to analysts. Rishi Sunak, the Chancellor of the Exchequor, noted in Wednesday’s (March 3, 2021)… Read More

UK Budget Includes Support for Tech, Special Economic Zones and More. Government Seeks to Attract Scientific Superstars

Earlier today, Chancellor of the Exchequer Rishi Sunak presented the budget for 2021. Obviously, the government policy on spending comes at a difficult time as COVID-19 is still very much with us yet glimmers of relief are showing as the vaccine takes hold. The Chancellor… Read More

Send this to a friend