Submitted by christian on Fri, 02/19/2016 - 12:56
- The financial services industry (“the City”) is one of the few areas where the UK is a world leader and it is a huge earner. Unlike trade in goods, the UK runs a very large surplus on trade in financial services, including with the EU. The financial services industry accounts for about 4pc of GDP, about half of which probably represents business done with the EU, or about 2pc of GDP.
