Banking, insurance, fund management, accountancy and legal services provide the infrastructure for our daily lives. The industry helps people to buy homes, save, prepare for retirement and grow their businesses.
Strong, competitive and well-regulated financial services are essential for sustainable recovery in which the benefits of growth are shared fairly.
London’s pre-eminence in financial services is not only an asset for the UK, it is also Europe’s financial centre. Major firms from around the world know they can come to the UK to raise finance, insure their businesses and seek advice from world-class law and consultancy firms. This expertise creates jobs across the country and helps finance hospitals, roads and other vital public services.