UK Chancellor Rishi Sunak plans to introduce new visas for financial technology workers in next month’s budget, part of a package of proposals in a report aimed at boosting the industry in the country, according to newspapers.
The fast-track visa program is designed to lure global talent to Britain’s fintech companies and will mirror a similar policy for scientists, the Telegraph reported. It’s one of five pillars contained in a Treasury-commissioned report by former Worldpay Chief Executive Officer Ron Kalifa that’s due to be delivered to Sunak as soon as this week, the Sunday Times said.
Post-Brexit Britain plots fintech big bang with hubs, tech visas
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Post-Brexit Britain plots fintech big bang with hubs, tech visas
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Post-Brexit Britain plots fintech big bang with hubs, tech visas
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(MENAFN - ING) Just a few months ago, UK Chancellor Rishi Sunak would have hoped that his spring budget would be an opportunity to move the economic agenda away from Covid-19, and back towards the government s levelling up commitment. But as he prepares to announce his latest set of measures on 3 March, the reality looks very different.
That s because it s becoming increasingly clear that it could be some time before Covid-19 restrictions are removed entirely, despite the considerable progress on vaccinations. The good news at least is all priority groups (including over 50s) will likely have received their first dose by Easter, and that combined with the strong impact lockdowns are having on cases, it will lower hospital pressure considerably by May.