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MoreBack to News Headlines
How Britain could keep its 'crown' in finance and technology after Brexit

How Britain could keep its 'crown' in finance and technology after Brexit

CNN
Friday, February 26, 2021 12:36 PM GMT

The United Kingdom should introduce special visas and overhaul its stock market rules to allow entrepreneurs to keep control of their companies if it wants to remain competitive in financial technology after Brexit.

Those are among the recommendations contained in a new report published on Friday. It is one of several reviews commissioned by the UK government to strengthen the hugely important financial services sector that is facing a precarious future because of the country's exit from the European Union. "Britain has a proud record of starting up and scaling up some of the best known fintech products, but we cannot rest on our laurels," said Ron Kalifa, the former CEO of payment processing company WorldPay, who led the review. "The next powerhouses will not be created by accident," he added.
Read full story on CNN
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