The voice of global digital finance at Parliament
The voice of global digital finance at Parliament:10 Recommendations for Digital Britain from the global financial services and fintech sector.
This report builds on the work of the former 2024 All-Party Parliamentary Group (APPG) on Digital Finance (see Annex 5 for the overview of the previous 2024 programme) which is soon to be reconstituted under the new government.
The report advocates that the UK can catalyse this change, progress digitisation, boost growth, create new jobs, promote greater social inclusion, and deliver greater prosperity by working across three key pillars of digitisation:
- Competition – how the UK will better compete with traditional and new and emerging digital financial hubs to positively exploit its premier position as a global financial services and fintech hub.
- Productivity – how the UK will leverage the implementation of this new era of digitisation to boost productivity, growth, and new jobs in digital financial innovation across all regions of the UK
- New products – how the UK will nurture innovation to create access to new and innovative products and services to better meet the needs of our citizens and businesses.
Each of these themes was analysed in evidence sessions of the former Digital Finance APPG with industry leaders who provided expert evidence and concrete recommendations for the UK. The report has synthesised and distilled these discussions in order to set out a roadmap to work towards a Digital Britain. The report also includes written submissions and contributions from industry experts as well as GDF and CCI members.
