The Financial Services and Insurance sector in the UK is forecasted to experience a gradual decline in Gross Value Added per person employed over the period of 2024 to 2028. Starting with a modest increase of 0.11 in 2024, the growth rate turns negative from 2025 onwards. The sector's value-added reduces progressively, reflecting a downward trend driven by factors likely associated with market saturation, regulatory challenges, or competitive pressures. This downward trajectory suggests constrained productivity and efficiency within the sector.

Future trends to monitor include:

Technological advancements and digital transformation efforts aimed at boosting productivity.
Regulatory changes impacting financial services and insurance operations.
Macroeconomic factors, such as Brexit ramifications and global economic conditions, influencing performance.