Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the financial benefits of fintech companies to the London Stock Exchange, and what steps they are taking to encourage fintech companies to be based in London.

In the Financial Services Growth and Competitiveness Strategy, Fintech is one of the five priority growth opportunities, noting that the UK Fintech sector attracted $3.6 billion in investment in 2024. The Strategy set out the government’s vision for the UK to be the world’s most advanced global financial centre and remain a leading jurisdiction for Fintech firms to start up, scale and list.

The Strategy announced that the government will also establish a Listings Taskforce to support businesses to list and grow in the UK. HM Treasury will work in partnership with the Office for Investment, and engage with industry, to ensure the UK attracts the best and brightest businesses from around the world, and right here in the UK, to list on UK markets.