The UK financial services industry is at a tipping point. It continues to grapple with the impacts of the financial crisis and has work to do in building confidence in its products and services. At the same time, it has great cause for optimism over the coming years, with a chance to innovate, explore fast-growing markets and use transformative technology to unlock new opportunities.
UK banks, insurers and asset managers are a linchpin of the national and European economies, but face a period of significant change, including the UK’s forthcoming exit from the European Union. Challenges lie ahead, but the industry is positioned to respond, backed by strong foundations and deep pools of expertise.
As a world-leading financial centre, the UK looks to the future with confidence. However, as the environment evolves, continued success will require a dedicated approach and appreciation of the changes ahead.