Post-BREXIT Britain Plans Fintech 'Big Bang'
#BREXIT #UK #Fintech
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.
The fast-track visa program is designed to lure global talent to Britain’s fintech companies and will mirror a similar policy for scientists.
It is 1 of 5 pillars contained in a Treasury-commissioned report by former Worldpay Inc. CEO Ron Kalifa that is to be delivered to Chancellor Sunak this wk.
The UK Treasury has been examining options to spur the development of Britain’s financial technology industry after BREXIT as the City of London faces a growing challenge from EU rivals.
London Tops European rankings for such companies, according to an index compiled by real estate broker Savills Plc.
Monday, the benchmark US stock indexes finished at: DJIA +27.37 at 31521.69, NAS Comp -341.41 to 13533.08, S&P 500 -30.21 to 3876.50
Volume: Trade on the NYSE came in at 1.2-B/shares exchanged
HeffX-LTN's overall technical analysis of the major US stock indexes is Bullish in here.
Russell 2000 +14.0% YTD
NAS Comp +5.0% YTD
S&P 500 +3.2% YTD
DJIA +3.0% YTD
Looking Ahead: Investors will receive the Conference Board's Consumer Confidence Index for February, the FHFA Housing Price Index for February, and the S&P Case-Shiller Home Price Index for December Tuesday.
Have a healthy day, Keep the Faith!
Palantir Stock (PLTR): BUY Rating, $250 Price Target — The 40% Dislocation
Palantir is down ~40% in 2026 even as Q1 revenue grew 85% and management guided FY2026 to $7.66B. Shayne Heffernan issues a BUY on PLTR with a $250 price target — full breakdown of the business, customers, five-year revenue, every major Wall Street bank target and the corporate outlook.
Larry Fink Called It. CME Just Made It Real. The Compute Futures Market Has Arrived
The Quantum-AI Convergence Is Real. The Quantum Stocks Aren't the Trade.
Saudi Arabia Climbs to 2nd in G20 ICT Regulatory Index
Every story, signed and delivered.
Subscribe to the kxco channel and get the headline, the AI-written key takeaways, and the chain-anchor link the moment we publish. Audio versions and per-ticker subscriptions arrive in the next iteration.