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Was Reeves’ Spending Review a fintech endorsement?

Summary by City AM
Rachel Reeves has promised to back UK fintech and in Labour’s inaugural Spending Review, she piled billions into the tech sector. The Chancellor handed the Department for Science, Innovation and Technology (DSIT) a hefty £16.5bn budget as she took the chop to other departments. DSIT’s expenditure limit is set to grow 7.4 per cent by the end of the parliament, meanwhile, the likes of the Department for Transport is facing a five per cent squeeze,…
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City AM broke the news in London, United Kingdom on Saturday, June 14, 2025.
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