Posted: 11 Nov 2019 Resource Type: Research Report Download Back Exports from UK financial services and insurance firms soared to a record high of £82bn last year, up from £78bn in 2017, according to new data published in the ONS Pink Book. The UK’s financial services and insurance trade balance also increased from £61bn to £63bn in 2018. And these figures also show that financial services is a major driver of the UK economy – this is by far the largest trade surplus of any other UK service industry. The success of UK financial services and insurance firms in exporting across the globe plays a vital role in balancing the UK's trade deficit and helps to support jobs around the country. The UK’s success as an international financial centre depends on remaining open to trade and investment from around the world. Through sharing and developing our financial services expertise, the UK can continue to build and strengthen trade and investment links across the world. Share: Share to LinkedIn LinkedIn Share to Twitter Twitter Share to Facebook Facebook Share to WeChat WeChat Share to WhatsApp WhatsApp Share to Email Email Download Suggested reading Research Report London as a Centre for Management of Financial Risks Jan 2020 - With an extensive network of 250 international banks and channelling 43% of global forex trading, the UK can support multinationals in managing currency and liquidity risks on a global scale. London as a Centre for Management of Financial Risks Case Study Revolut Jan 2020 - Revolut is a UK-based financial technology company offering a range of financial services from cards with instant spending notifications and foreign currency exchange trading at the real exchange rate, to commission free stock trading and charity donations. We spoke to Nicholas Taylor, Public Affairs Manager, about the company's long-term growth plans and the attractions of the UK market. Revolut Case Study London Office for Rapid Cybersecurity Advancement (LORCA) Dec 2019 - LORCA is a UK government backed organisation that supports growing businesses combatting the ever-broadening array of global cyber challenges. We spoke to Saj Huq, programme director at LORCA about the attractions of the UK as a tech and cyber hub and the programme's plans to grow the UK cybersecurity market. London Office for Rapid Cybersecurity Advancement (LORCA) Case Study Hogan Lovells Nov 2019 - Hogan Lovells is one of the world's largest international law firms. We spoke to Susan Bright, UK & Africa Regional Managing Partner at Hogan Lovells, about the firm's expansion plans and the global relevance of its strong UK presence. Hogan Lovells