PwC Scotland responds to Kalifa Report
Claire Reid, Regional Leader, Scotland; Head of Technology, Data & Analytics, PwC UK, comments:
“Areas across Scotland, from Glasgow to Edinburgh, to Fife, Perthshire, Aberdeen and the Borders have a proven record of nurturing FinTechs and the creation of FinTech clusters throughout the country would promote this even further, supporting nuanced specialisms across specific regions and supporting scale while making FinTech a more inclusive industry.
“As well as unlocking opportunities for innovation across the regions, the proposed clusters in the Kalifa Review will ensure skilled workers are able to remain closer to home, keeping talent within the region and contributing towards the government’s levelling up agenda while creating the right conditions for an industry that has an important role to play in the economic recovery across the regions.
Importantly, the clusters will also allow regional bodies to begin to deliver on the proposals in the Research and Innovation for UK FinTech report published last month, helping FinTechs in all corners of the UK to leverage local strengths and networks to create jobs, deliver innovative solutions and drive economic growth.