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Autumn Statement
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Autumn Statement

Fintech
·Nov. 21, 2022

The Autumn Statement – A “Silicon Valley” vision for fintech

Chancellor, Jeremy Hunt presented a vision to make the the UK "the next silicon valley" but changes could stifle fintech innovation.
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EuropeFintechNews Roundup
·Nov. 28, 2016

UK Reports 2.4bn British Pound Financial Innovation Investment in Its Autumn Statement

In its annual Autumn Statement, the UK Treasury reported investment of 2.4 billion British pounds for research and development in financial innovation; 2 billion British pounds will be allocated to an innovation fund and 400 million British pounds will go to a venture capital investment fund managed by British Business Bank; in comments regarding the Autumn Statement, Chancellor of the Exchequer Phillip Hammond said the investment was to help the UK continue "leading the world in disruptive technology."  Source

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