US and UK financial and professional services: growing together

The United States and the United Kingdom are home to the world’s two leading financial centres. The US-UK relationship in financial and professional services (FPS) is already of huge value to both partners. Bilateral trade is over $80bn, while two-way foreign direct investment is nearly $475bn.

The US-UK partnership runs broad and deep. We have much in common: shared values, language and cultural ties as well as strong cooperation on defence and security, mixed market economies and comparable regulatory approaches.

This solid foundation creates ample commercial opportunity for financial and professional services (FPS) firms in both countries. Economic growth is a key priority for the newly elected US and UK administrations, and the FPS sector plays a crucial role in realising this shared objective.

It also makes sense for two highly sophisticated financial services jurisdictions to collaborate to capture opportunities for growth, particularly in emerging areas like digital assets and AI.

Now is the time to leverage our close partnership and signal further cooperation through policy and investment.