US became Britain's biggest finance customer in run up to Brexit

Exports to the United States rose 5.3%, said TheCityUK, which promotes Britain's financial sector overseas

The United States became Britain's biggest export market for financial services in the run up to Brexit, overtaking the European Union where sales shrank in 2020, TheCityUK lobby group said on Wednesday.

Britain's financial sector was largely cut off from the EU - previously its single biggest customer - when Britain fully left the bloc's orbit last December.

For 2020, total financial services exports remained little changed at 82.4 billion pounds ($109.07 billion). Exports to the EU fell 6.6% to 24.7 billion pounds, but rose 4.1% to 57.7 billion pounds to non-EU countries.

Exports to the United States rose 5.3%, said TheCityUK, which