Service Industries: Greater London

(asked on 7th July 2023) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what recent assessment her Department has made of the impact of the services sector on (a) exports and (b) economic growth in (i) Enfield North constituency, (ii) the London Borough of Enfield and (iii) London.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 18th July 2023

The Department periodically monitors the impact of its work supporting the services sector to increase exports via our Made in the UK: Sold to the World Analytical Framework.

In 2021, Enfield ITL3 area exported £295 million services. The services sector generated £6.1 billion Gross Value Added (GVA), contributing towards 78% of total GVA in Enfield.

The same year, London exported £152 billion services. The services sector generated £452 billion GVA, contributing towards 93% of total GVA in London.

The Department does not hold trade and GVA data at a constituency level.

Reticulating Splines