Government announce a new fintech hub

The Government has announced the establishment of the Centre for Finance, Innovation and Technology in Leeds. The Government-backed hub for fintech looks to boost growth and innovation in the UK, supporting firms to achieve "truly global scale".

In response to the announcement, Insurtech UK's co-chair, John Warburton, commented that:

"𝘐𝘯𝘴𝘶𝘳𝘵𝘦𝘤𝘩 𝘜𝘒 𝘸𝘦𝘭𝘤𝘰𝘮𝘦𝘴 𝘵𝘩𝘦 𝘎𝘰𝘷𝘦𝘳𝘯𝘮𝘦𝘯𝘵 𝘢𝘯𝘯𝘰𝘶𝘯𝘤𝘦𝘮𝘦𝘯𝘵 𝘵𝘰𝘥𝘢𝘺 𝘢𝘳𝘰𝘶𝘯𝘥 𝘵𝘩𝘦 𝘦𝘴𝘵𝘢𝘣𝘭𝘪𝘴𝘩𝘮𝘦𝘯𝘵 𝘰𝘧 𝘵𝘩𝘦 𝘊𝘦𝘯𝘵𝘳𝘦 𝘧𝘰𝘳 𝘍𝘪𝘯𝘢𝘯𝘤𝘦, 𝘐𝘯𝘯𝘰𝘷𝘢𝘵𝘪𝘰𝘯 𝘢𝘯𝘥 𝘛𝘦𝘤𝘩𝘯𝘰𝘭𝘰𝘨𝘺 𝘪𝘯 𝘓𝘦𝘦𝘥𝘴. 𝘞𝘦 𝘢𝘳𝘦 𝘱𝘭𝘦𝘢𝘴𝘦𝘥 𝘵𝘩𝘢𝘵 𝘵𝘩𝘪𝘴 𝘪𝘮𝘱𝘰𝘳𝘵𝘢𝘯𝘵 𝘳𝘦𝘤𝘰𝘮𝘮𝘦𝘯𝘥𝘢𝘵𝘪𝘰𝘯 𝘧𝘳𝘰𝘮 𝘵𝘩𝘦 2021 𝘒𝘢𝘭𝘪𝘧𝘢 𝘙𝘦𝘷𝘪𝘦𝘸 𝘩𝘢𝘴 𝘣𝘦𝘦𝘯 𝘦𝘴𝘵𝘢𝘣𝘭𝘪𝘴𝘩𝘦𝘥 𝘢𝘯𝘥 𝘭𝘰𝘰𝘬 𝘧𝘰𝘳𝘸𝘢𝘳𝘥 𝘵𝘰 𝘣𝘶𝘪𝘭𝘥𝘪𝘯𝘨 𝘢𝘯 𝘰𝘯𝘨𝘰𝘪𝘯𝘨 𝘳𝘦𝘭𝘢𝘵𝘪𝘰𝘯𝘴𝘩𝘪𝘱. 𝘍𝘪𝘯𝘵𝘦𝘤𝘩 𝘪𝘴 𝘴𝘶𝘤𝘩 𝘢 𝘸𝘪𝘥𝘦 𝘳𝘢𝘯𝘨𝘪𝘯𝘨 𝘢𝘯𝘥 𝘷𝘪𝘣𝘳𝘢𝘯𝘵 𝘤𝘰𝘮𝘱𝘰𝘯𝘦𝘯𝘵 𝘰𝘧 𝘵𝘩𝘦 𝘜𝘒 𝘦𝘤𝘰𝘯𝘰𝘮𝘺; 𝘸𝘪𝘵𝘩 𝘵𝘩𝘦 𝘪𝘯𝘴𝘶𝘳𝘵𝘦𝘤𝘩 𝘴𝘤𝘦𝘯𝘦 𝘧𝘰𝘳𝘮𝘪𝘯𝘨 𝘢 𝘤𝘰𝘳𝘦 𝘱𝘪𝘭𝘭𝘢𝘳 𝘰𝘧 𝘵𝘩𝘪𝘴 𝘴𝘦𝘤𝘵𝘰𝘳. 𝘞𝘦 𝘴𝘦𝘦 𝘩𝘶𝘨𝘦 𝘰𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘺 𝘧𝘰𝘳 𝘧𝘶𝘳𝘵𝘩𝘦𝘳 𝘪𝘯𝘯𝘰𝘷𝘢𝘵𝘪𝘰𝘯 𝘵𝘩𝘢𝘵 𝘤𝘢𝘯 𝘴𝘶𝘱𝘱𝘰𝘳𝘵 𝘐𝘯𝘴𝘶𝘳𝘢𝘯𝘤𝘦 𝘤𝘶𝘴𝘵𝘰𝘮𝘦𝘳𝘴 𝘢𝘯𝘥 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴𝘦𝘴 𝘢𝘭𝘭 𝘰𝘷𝘦𝘳 𝘵𝘩𝘦 𝘤𝘰𝘶𝘯𝘵𝘳𝘺. 𝘞𝘦 𝘸𝘦𝘭𝘤𝘰𝘮𝘦 𝘧𝘶𝘳𝘵𝘩𝘦𝘳 𝘴𝘶𝘱𝘱𝘰𝘳𝘵 𝘧𝘳𝘰𝘮 𝘎𝘰𝘷𝘦𝘳𝘯𝘮𝘦𝘯𝘵 𝘵𝘰 𝘩𝘦𝘭𝘱 𝘪𝘯𝘯𝘰𝘷𝘢𝘵𝘦, 𝘴𝘤𝘢𝘭𝘦 𝘢𝘯𝘥 𝘤𝘰𝘯𝘵𝘳𝘪𝘣𝘶𝘵𝘦 𝘵𝘰 𝘦𝘤𝘰𝘯𝘰𝘮𝘪𝘤 𝘨𝘳𝘰𝘸𝘵𝘩."

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