City Corporation response to Government support for high-growth firms

Responding to the Government’s announcement of additional support for high-growth companies and start-ups today (20 April), Catherine McGuinness, Policy Chair at the City of London Corporation, said:

“Innovation is the lifeblood of the UK economy so it is vital that high growth companies across a range of sectors, including fintech, are supported during these difficult times.

“These new measures will support firms that can help to sow the seeds of our economic recovery in the months and years ahead.

“The UK is a world leader in fintech and we must continue to invest in innovation even in the face of the current pandemic.”

Notes to editors

The City of London Corporation is the governing body of the Square Mile dedicated to a vibrant and thriving City, supporting a diverse and sustainable London within a globally-successful UK. www.cityoflondon.gov.uk