The Metropolis minister will on Thursday maintain talks with a few of Britain’s Most worthy know-how start-ups as the federal government seeks to persuade them to drift in London.
Ms Siddiq’s assembly with the council will come after she addresses a convention organised by Innovate Finance, the fintech commerce affiliation.
Sources mentioned attendees had been anticipated to lift points akin to a possible enhance in capital features tax on this month’s Finances, though any questions on tax coverage could be evaded by ministers so near a significant fiscal occasion.
The Unicorn Council was arrange earlier this yr in an try to advertise the coverage asks of huge UK-based tech firms.
It’s co-chaired by Janine Hirt, chief govt of Innovate Finance; Philip Belamant, CEO of Zilch, and Charles McManus, Clearbank’s chief govt.
Amongst its different members are executives from GoHenry, Oaknorth, PrimaryBid, Revolut and Truelayer.
Lots of the firms represented on the council are anticipated to promote shares publicly within the coming years.
Reforms to itemizing guidelines have been launched to make the London market extra engaging to progress firms, though their effectiveness stays to be seen.
The Treasury declined to remark.
