The Treasury is consulting on proposals to make it harder to promote unauthorised financial products via authorised firms.

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

Economic Secretary to the Treasury John Glen MP has said the government will support the financial services sector’s recovery by doing “whatever is needed” for a rapid pickup.

The Treasury has relaxed pension tax rules to allow more retired key workers, such as police officers, to return to duties to help tackle the impact of the Coronavirus outbreak.