U.K. Economic Secretary Says Imperative to Cut Corporate Tax

The video discusses the UK's efforts to strengthen fintech collaboration with Japan amidst Brexit uncertainties. It highlights the UK's competitive advantages, such as low taxes and a strong regulatory environment, to attract foreign investment. The UK government aims to maintain an open economy and ensure easy access to talent despite new immigration rules. The video also explores growth opportunities in Asia and the progress of Brexit negotiations, emphasizing the UK's commitment to remaining a global financial hub.

What is one of the main reasons for the UK's interest in collaborating with Japan in the fintech sector?

• Japan's lack of interest in fintech

• The UK's global leadership in fintech

• The UK's aspiration to grow in fintech

• Japan's leadership in fintech

What is one of the UK's strategies to attract businesses post-Brexit?

• Offering the lowest rate of corporation tax in the G20

• Increasing corporation tax

• Closing the financial center in London

• Restricting foreign investments

How does the UK plan to ensure access to top talent for financial services?

• By offering financial incentives to local talent

• By restricting immigration from non-EU countries

• By making it easy for financial institutions to move staff

• By setting strict quotas for all migrants

What is a key message the UK is conveying to Japanese business leaders regarding Brexit?

• The UK will focus solely on EU relationships

• The UK will increase regulatory burdens

• The City of London will remain a global hub

• The UK will close its economy to foreign investments

What is the UK's stance on the potential chaos of Brexit for businesses?

• The UK will not negotiate with the EU

• The UK plans to ignore EU regulations

• The UK government is focused on delivering a stable deal

• The UK government accepts it will be chaotic

What is the UK's approach to maintaining strong relationships with the EU post-Brexit?

• By aligning with EU regulations and supervisory authorities

• By completely severing ties with the EU

• By ignoring EU standards

• By focusing only on Asian markets

What is the UK's message to investors regarding the stability of the City of London?

• The City of London will remain a reliable hub

• The City of London will face chaos

• The City of London will lose its global status

• Investments in London are discouraged