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England's financial services sector, centred in London but increasingly distributed across regional hubs like Manchester, Leeds, and Birmingham, attracts significant government attention through initiatives like the Financial Services Growth Programme and regional fintech clusters supported by local Growth Hubs. The sector benefits from both national innovation funding through bodies like Innovate UK and HMRC's R&D tax credits, particularly for fintech startups developing RegTech solutions, digital banking platforms, and sustainable finance technologies.
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