Britain’s top fintech officials met Rachel Reeves on Tuesday morning in the Chancellor’s latest financial summit to boost economic growth.
The co-chairs of Innovate Finance’s Unicorn Council for UK Fintech joined leading executives at the Treasury’s meeting, City AM has learned.
The council, which launched in March 2024, aims to provide the government with policy recommendations to protect and maintain the UK’s position as a global leader in the fintech industry.
Bosses from Revolut, Stripe, Wise and Zilch met the Chancellor at 11 Downing Street, as first reported by Sky News’ Mark Kleinman.
The fintech executives had been asked to come “armed with ideas about how to improve UK competitiveness,” sources told Sky.
Emma Reynolds, the economic secretary to the Treasury, also attended the meeting.
The talks followed the Office for National Statistics’ latest GDP figures released on Friday that showed the UK economy had shrunk 0.1 per cent in January.
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