Financial services slowly returning to UK post-Brexit, though ties and trade with EU still strained
• Many top financial services firms did leave the UK after Brexit, though some are now looking to return • Loss of jobs in financial services post-Brexit (estimated 7,000) was far below original predictions of 75,000 • International trade has suffered - financial services exports to EU dropped 18% from 2018-2021 • UK remains a top destination for fintech innovation and investment • Strengthening EU-UK financial services ties is a top priority to recover losses