London outpacing other UK cities on services exports, report says

Capital accounts for almost half of sector’s exports and action needed elsewhere, says Resolution Foundation

London is capturing an ever-bigger share of the UK’s record service sector exports and government action is needed to ensure other big cities keep pace with the capital, a report says.

The Resolution Foundation said London accounted for almost half of the UK’s service sector exports, with its share of the total rising from 38% to 46% between 2016 and 2021.