The UK remains the world’s second-largest exporter of financial services (after the US) and is the largest financial services net exporter (that is, measuring industry exports minus imports).
The UK is one of the world’s leading international financial and related professional services hubs,with London central to this position.
Amidst ongoing political and economic uncertainty, the UK-based financial and related professional services industry continues to demonstrate its resilience and adaptability, remaining a key source of international competitiveness.
This report uses the latest available annual data to highlight a number of measures and markets that demonstrate the UK’s role as an international financial centre.
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The report provides facts and data showing that, despite the on-going challenging economic backdrop, the resilience and adaptability of the UK-based financial and related professional services industry remains strong.
Among the key findings are that the US remains the UK's largest trading partner in financial services, accounting for 33.5% of total sector exports, and the EU accounts for 28% of total sector exports, with Luxembourg (6.0%), France (4.8%), and Ireland (4.3%) being the top destinations within the bloc.
Alongside a range of other facts, the report also offers key statistics on a number of markets and sectors including banking, insurance, equity markets, FinTech and green finance.
The full report is available here.
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