The government plans to legislate for a major expansion of its Dormant Assets scheme to add selected insurance, investment and pension products.

The Government has unveiled an independent Fintech Strategic Review to establish priorities for the sector and to support the continuing growth of UK fintech.

The Treasury has increased NS&I’s net financing target for 2020-21 by £29bn from £6b to £35bn to help refill government coffers after the impact of the Coronavirus pandemic.

The Government is to include financial advisers in its sweeping review of the tax advice market.