City lobby groups are negotiating special trade deals to help British financial services firms expand overseas.
Trade bodies are in talks with the US, Japan and other parts of Asia to improve access to their markets after Brexit.
The services sector represents about 80 per cent of the UK economy, but was left out of the eleventh-hour trade deal struck by Boris Johnson with the EU.
City lobby groups are in talks with the US, Japan and other parts of Asia
A source close to the talks said: ‘Two thirds of our financial services exports go outside the European Union and the likelihood is that will only increase.’
The source said helping British firms to expand their digital services overseas is a crucial part of the talks. ‘Digital trade is going to be a real underpinning for the UK’s growth in the years ahead,’ the source added.
