Financial Services: Trade Competitiveness
2026-06-21 · Treasury · HL1198 · Official question
Question
To ask His Majesty's Government what assessment they have made of the impact of recent trends in investment and consolidation on the competitiveness of the UK fintech sector.
Answer
The UK has a long history as a powerhouse of financial services innovation. The sector attracted $3.6 billion of investment in 2025 - second only to the US. The Financial Services Growth and Competitiveness Strategy set out a comprehensive package of refo...