The financial and related professional services industry TheCityUK is the industry-led body representing UK-based financial and related professional services (including banks, insurance companies, asset managers, stock exchanges, accountancy, audit, consultancies and law firms) and I keep in close contact with them.
They champion and support the success of the ecosystem, and thereby their members, promoting policies in the UK and internationally that drive competitiveness, support job creation and ensure long-term economic growth.
The industry contributes 12% of the UK’s total economic output and employs nearly 2.5 million people, with two thirds of these jobs outside London.
It is the UK’s largest net exporting industry and generates a trade surplus exceeding that of all other net exporting industries combined.
It is also the largest taxpayer and makes a real difference to people in their daily lives, helping them save for the future, buy a home, invest in a business and protect and manage risk.
The impact of our industry in Uxbridge and South Ruislip and across London In Uxbridge and South Ruislip:
Financial and related professional services provide 3,540 jobs.
These jobs are twice as productive than those in the general economy of London.
Average salaries in our industry are £113,243, £67,365 more than the average wage in London.
