Billion-Pound Package to Save FinTech and Start-ups

by | Apr 20, 2020

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@peter_IFAMAG reads Twitter so you don’t have to.


Chancellor Rishi Sunak’s ‘Future Fund’ has received a warm welcome on Twitter. The fund is a “billion-pound support package for innovative firms hit by coronavirus.”

Sunak’s Tweet has brought together interesting comments within the last few hours. So far concerns seems to focus on what companies will get priority, but it’s a shot in the arm for the most promising start-ups affected by Coronavirus.

 

@petercunnane retweets @InnFin with ‘#PutFinTechToWork’ and hails the announcement as a positive step to help FinTech survive the current Crisis.

 

Though the response has been largely positive the programme is still falling under scrutiny. Some importnant questions asked by @Kieranleehill. Many have highlighted problems far less politely.

 

 

Meanwhile, the response to the Job Retention Scheme Portal was tentative at first. Perhaps this tweet gets across the sentiment, check out the comments for some tips on the process too.

https://twitter.com/SiJ0077/status/1252142182888280070

Journalist James Hurley tweeted it’s “held up pretty well.” Though many were quick to highight quirks and confusions of the application process the HMRC Twitter account was very quick to reply to people with advice and help on the process.

 


Let us know what your thoughts are on these tweets.

Tweet your responses to @peter_IFAMAG

 

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