International business in the UK financial sector is continuing to recover, according to the latest report from International Financial Services, London.

The organisation, which promotes London as a financial centre, reported that trading in UK-listed companies on the London Stock Exchange was up 5% in the first nine months of the year from the equivalent period of 2004, while trading at Euronext.liffe was up 3%. However, daily foreign exchange trading in London was down 11% in the year to April, according to the latest available data.