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778761
registered interest false more like this
date less than 2017-10-27more like thismore than 2017-10-27
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Financial Services: Technology remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what recent assessment his Department has made of the benefits of FinTech to the UK economy. more like this
tabling member constituency Islwyn more like this
tabling member printed
Chris Evans remove filter
uin 110112 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-11-06more like thismore than 2017-11-06
answer text <p>Fintech offers a significant growth opportunity for the UK economy, providing new jobs, and delivering benefits to consumers through increased competition and innovation in financial services.</p><p> </p><p>The Fintech sector contributes £6.6bn annually to the economy, employing 60,000 people across 1,600 companies.</p><p> </p><p>The government’s ambition is for the UK to consolidate its world-leading position in FinTech and to become the leading global hub for financial innovation. In recent months I have held a roundtable with FinTech firms to discuss how to maximise opportunities for the sector and recently met the regional FinTech envoy to Scotland to discuss the benefits FinTech can offer across the UK.</p> more like this
answering member constituency North East Cambridgeshire more like this
answering member printed Stephen Barclay more like this
question first answered
less than 2017-11-06T11:54:49.58Zmore like thismore than 2017-11-06T11:54:49.58Z
answering member
4095
label Biography information for Steve Barclay more like this
tabling member
4040
label Biography information for Chris Evans more like this
778762
registered interest false more like this
date less than 2017-10-27more like thismore than 2017-10-27
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Financial Services: Technology remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, to which countries he has made representations in respect of building FinTech bridges. more like this
tabling member constituency Islwyn more like this
tabling member printed
Chris Evans remove filter
uin 110116 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-11-03more like thismore than 2017-11-03
answer text <p>FinTech, including opportunities for collaboration in this area, forms a key part of the UK’s bilateral financial services discussions. The UK currently has four FinTech Bridges – with Singapore, the Republic of Korea, China, and Hong Kong.</p><p> </p> more like this
answering member constituency North East Cambridgeshire more like this
answering member printed Stephen Barclay more like this
question first answered
less than 2017-11-03T12:48:48.103Zmore like thismore than 2017-11-03T12:48:48.103Z
answering member
4095
label Biography information for Steve Barclay more like this
tabling member
4040
label Biography information for Chris Evans more like this