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UK Scale-Up Unit hones in on fintechs

Rachel Reeves
Photo: Getty Images

Carmen Cracknell

2 min read
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The FCA has acknowledged that firms need support handling regulatory complexity and changes.

The FCA’s Scale-Up Unit, run in partnership with the Prudential Regulation Authority (PRA), is shifting its focus to financial services firms in 2026.

Speaking in Leeds on Friday, Chancellor Rachel Reeves said the Unit will expand beyond supporting banks and insurers, providing a dedicated point of contact for fintechs to

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