Speaking at the Tech & Fintech Expo in London on 25th October, Mr Kirby claimed that the government would attempt to secure the trade deals and skilled workforce necessary for the UK to remain a world leader in fintech.
The UK’s fintech market is currently worth just under £7bn and employs over 60,000 people.
“…What we are trying to do in government … is to make sure Britain is a place where fintech will go from strength to strength,” Mr Kirby insisted.
“…This government is determined to make our withdrawal from the EU a success for the fintech industry too.
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“And that is why, in the Brexit negotiations to come, we will be striving for a deal which enables companies to trade effectively in goods and services across Europe.”
Mr Kirby revealed that the government will host a fintech conference next year in a bid to promote UK fintech to businesses and investors.
The Treasury will also use the newly formed Department for International Trade to boost the reach of UK fintech around the world.
“...We know that in these more uncertain times for the UK, people might feel more cautious about investing here,” he added.
“That’s why this government is going to keep on banging the drum for British investment and showing the world what we have to offer in the UK.”
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