Question to the Department for International Trade:

To ask the Secretary of State for International Trade, what assessment his Department has made of which non-EU markets have the greatest potential for increasing UK financial services exports after the UK leaves the EU.

We are determined to help UK business from every sector make the most of opportunities around the world. To support the financial services industry, the Department for International Trade (DIT) is running in-depth export promotion campaigns in markets where we have identified the best immediate prospects. The countries for those campaigns were selected based on economic analysis, intelligence from British Embassies and feedback from industry experts.

As well as addressing the opportunities available now, we are also designing a fully-independent UK trade policy. This will unlock further opportunities in markets where UK firms are currently still facing barriers to access. DIT and HM Treasury are currently working with businesses to identify the most important priorities for the sector.