1、UK Financial ServicesA data driven overview for the Financial Conduct AuthorityMarch 2025Market Trends02Fundraising Trends05Sector AnalysisConclusion06Case Studies040301Sector OverviewContents0303Executive SummaryFinancial services are vital to the UK economy.Private companies within the sector have
2、 a combined turnover of 1.08 trillion and account for almost a tenth of all jobs nationally.The City of London is recognised globally as the place to invest in financial services(second only to New York).UK financial services have drawn in over 4.7 billion in equity investment since 2011 and compani
3、es often have much higher valuations than the national average.As a result,UK financial services are one of the fastest growing sectors of the British economy.Financial services are one of the fastest growing sectors of the UK economy.Since the foundation of the Financial Conduct Authority in 2013,t
4、he number of active financial services companies has grown by 48%.The rate of change is even faster for high growth companies(e.g.firms which have received equity investment,are academic spin-outs or classified as scaleups).Effective and targeted regulation has been pivotal to the success of UK fina
5、ncial services.But not all sectors have responded positively to new regulation.Beauhursts report shows through case studies on three sub-sectors driving growthBanking,Cryptocurrencies and FinTechthat companies are beginning to exit the market in large numbers following the introduction of the Financ
6、ial Services Act(2021)and Consumer Duty(2023).While many businesses agree with the underlying principles of much of the new regulation,others are concerned they increase their companys risk profile and are deterring investment.Following the launch of its recent Strategy 2025/30,we hope the findings