How does Guernsey’s financial services industry provide value to the UK?
With five decades of experience as a respected international finance centre, Guernsey is a key member of the British family and provides tangible value to the UK economy
Guernsey’s financial services sector generates significant value for the UK economy, in key strategic areas from net zero to infrastructure, and across UK regions
Guernsey channels £57 billion of international capital investment from around the world into the UK
That £57 billion is funnelled into UK industries, primarily private equity, property, and infrastructure and also provides wider social value
Guernsey provides specialist solutions to UK businesses and individuals, boosting the competitiveness of UK professional services and generating investment returns of £7 billion a year for UK investors
This investment is genuinely additional for the UK – approximately £13 billion may not have been invested in the UK if the funds were domiciled in other international finance centres
Guernsey-based investment into UK assets has increased by 14% per year since 2020
Guernsey’s specialist insurance industry provides niche coverage to UK businesses and has more than 100 years of innovation and expertise in the captive insurance market
40% of FTSE 100 companies have a Guernsey captive, saving UK businesses almost £100 million
Guernsey’s international pensions industry uses UK-based investment management services, providing £30 million in fees
Guernsey partners with and boosts the competitiveness of the UK’s finance industry. The two have a symbiotic relationship; the success of one is the success of the other