The UK’s Financial Services and Insurance sector is forecasted to see a steady growth in Gross Value Added (GVA) from 2024 to 2028. With the value standing at 148.68 billion euros in 2024, it is expected to gradually increase each year, reaching 151.6 billion euros by 2028. This represents a moderate year-on-year growth, highlighting stable industry expansion during this period.
Future trends to watch for include:
- The impact of digital innovation and fintech on traditional financial services.
- Regulatory changes and economic policies post-Brexit affecting the sector.
- Shifts in customer expectations and the rise of sustainable finance.
