News story

Chancellor announces review into the future of financial technologies

Chancellor George Osborne has asked the Government Office for Science to examine how FinTech will evolve in the future.

• From: Government Office for Science and The Rt Hon George Osborne
• Published: 14 August 2014

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Speaking at the launch of the new industry body ‘Innovate Finance’ on Wednesday 6 August, the Chancellor said:

I am today asking one of our best scientists, the Government’s Chief Scientific Adviser, Sir Mark Walport, to lead a review into the future of FinTech.

The review will look at the technologies, enablers and barriers that will shape the future of the FinTech sector up to 2025, and the policy implications for the government.

Published 14 August 2014