The gross value added (GVA) for legal, accounting, head offices, and management consultancy activities in the UK shows a consistent growth trajectory from 2024 to 2028, with an annual increase from £93.99 billion in 2024 to £106.72 billion by 2028. This represents a steady upward trend with a compound annual growth rate (CAGR) indicative of a robust sector post-2023.
Future trends to watch include:
- Technological advancements driving efficiency in consultancy and accounting.
- Growing demand for legal and advisory services in response to regulatory changes.
- Expansion in management consultancy, particularly in sustainable business practices.