‘A bright horizon, but without the stepping stones to get there’ – top fintech lawyers react to the Chancellor’s Mansion House speech

‘A bright horizon, but without the stepping stones to get there’ – top fintech lawyers react to the Chancellor’s Mansion House speech

Leading City partners have warned that making London more attractive to fintechs will require more than the reforms put forward by Chancellor Rachel Reeves, with better access to capital and a shift in attitude from regulators required in order to bring the financial services market out of the doldrums.

London fintech partners have reacted with cautious optimism to Reeves’ Financial Services Growth & Competitiveness Strategy – set out in her Mansion House speech earlier this week (15 July) – which aims to make the UK the ‘world’s most technologically advanced global financial centre, a leading jurisdiction for fintech firms to start up, scale and list.’

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