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info@cornerstonefs.com
+44 (0) 20 3971 4750
Country Profile
Like Switzerland, the small nation of Luxembourg at just 998 square miles is widely seen as one of the world’s banks.
Banking is by far the largest part of the economy at 30+% and it has a reputation as being a tax haven at the heart of Europe.
It was one of the founding members of the European Union with an economy that is very globalised.
Total Value:
£309 million / 0.06% of all UK Imports
Top 5 Imports are:
Total Value:
£559 million / 0.17% of all UK Exports
Top 5 Exports are:
The British Chamber of Commerce for Luxembourg
6 rue Antoine de Saint Exupéry
L-1432 Luxembourg
info@bcc.lu
Tel: +352 46 54 66
Cornerstone has a dedicated team based in London serving businesses across Europe
With a Cornerstone account you can transact in over 25 key currencies including GBP & EUR
Companies registered in the EU plus 50 other jurisdictions can open an account
The key update of the week is that the Bank of England has increased its interest rate by 0.5%, the largest increase since the Bank’s
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The European Union hasn’t finished expanding, there are actually several countries who are in the process of joining right now! Any country who joins is