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Monthly Archives: August 2015
Financial Services is booming
Britain’s financial services sector is booming louder than King Kong’s chest in mating season.
But don’t take our word for it: the UK has been revealed as the world’s biggest net exporter of financial services for the tenth year in a row.
The announcement by financial services lobby group TheCityUK claims financial services – if you include accountancy, legal services and management consultancy –reached a whopping $95bn (that’s £65bn in our money) last year.
That’s 4.3% higher than the year before, nearly double its 2015 value of $56bn (£36bn) and $59bn (£38bn) higher than its nearest competitor the US ($36bn (£23bn)).
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