Key facts about the UK as an international financial centre 2023

THE UK’S TRADE SURPLUS IN FINANCIAL AND RELATED PROFESSIONAL SERVICES IS
£92BN

THE UK HAS OF THE GLOBAL TOTAL OF
38%
FOREIGN-EXCHANGE TURNOVER

LONDON HOSTS AROUND
170
FOREIGN BANKS OR BRANCHES

THE LONDON MARKET EMPLOYS MORE THAN
48,000
PEOPLE AND EARNS MORE THAN $120M ANNUALLY IN PREMIUMS

THE UK HAS
14%
OF THE GLOBAL TOTAL OF CROSSBORDER LENDING

THE UK’S EQUITY MARKET CAPITALISATION WAS
90.6%
OF ITS GDP AT THE END OF 2022

THE UK ACCOUNTS FOR
38%
OF GLOBAL FOREIGN-EXCHANGE TRADING

AROUND
TWICE
AS MANY US DOLLARS ARE TRADED IN THE UK AS IN THE US

OVER 410 ACTIVE SUSTAINABLE BONDS WERE LISTED ON THE LONDON STOCK EXCHANGE (LSE) FROM OVER 120 ISSUERS IN 2022, WHICH HAVE RAISED AROUND
£160.4BN

THE UK ACCOUNTS FOR
5.4%
OF GLOBAL INSURANCE PREMIUMS

THE UK PRIVATE EQUITY MARKET IS THE MOST DEVELOPED IN THE WORLD OUTSIDE THE US. UK PRIVATE EQUITY FUNDS INVESTED
£44.7BN
THE LARGEST AMOUNT IN EUROPE, IN 2022

UK-BASED ISLAMIC BANKS’ ASSETS REPRESENT 85% OF TOTAL EUROPEAN ISLAMIC BANKING ASSETS
(EXCLUDING TURKEY); AROUND
£5.3BN
IN 2022

THE UK IS HOME TO AROUND
200
FOREIGN LAW FIRMS FROM AROUND 40 JURISDICTIONS

NON-UK STUDENTS REPRESENT
23.8%
OF THE UK’S TOTAL UNIVERSITY STUDENT POPULATION

THERE ARE
1,600
FINTECH COMPANIES IN THE UK