The Treasury’s fintech envoy for the Northern Powerhouse project has urged fintech trade groups to share guidance with start-ups on how to weather the coming months as the coronavirus crisis deepens.

Chris Sier, who has served as fintech envoy to the Treasury since December 2016, told Financial News it will take “immense leadership” for fintech firms to survive the pandemic, and called for the production of briefing materials on how to manage working capital effectively.