Financial assets in the UK are tradable investments that hold value and represent claims to future cash flows. They are bought and sold to generate income and capital appreciation. Common types include stocks, bonds, mutual funds, ETFs, derivatives, savings accounts, CDs, REITs, government securities, corporate bonds, cash equivalents, private equity, cryptocurrencies, commodities, and structured products. These assets can be held in various accounts and are chosen based on individual goals and risk tolerance. It’s crucial to research and possibly seek professional advice before investing.