REGULATION · UK
UK treasury fintech advisor Alex Depledge resigns over scaleup policy marginalization
Alex Depledge, appointed to drive UK fintech and scaleup support at the treasury, has stepped down, citing scaleups treated as a 'sideshow.' The resignation signals waning political priority for fintech regulation and growth policy amid broader UK fiscal constraints.
WHY IT MATTERS
UK FCA and treasury direction on open banking, stablecoin frameworks, and fintech licensing timelines hinge on political will; leadership turnover suggests regulatory momentum may slow.
Source: Sifted · 2026-10-25