With turnover of USD175 billion, the UK accounts for 13.8% of the Western Europe total in 2020. The industry’s profitability increases and stands at 16.1% of turnover in 2020, the 16th highest in the region. The costs of the industry increase by 0.3% in 2020, largely driven by rising labour costs. The total number of companies increases in 2020, to 119,650 units. B2B drives market demand, with B2B spending representing 63.8% of total demand in 2020. Lloyds Banking Group Plc is the largest company in the UK, generating 11.7% of the industry’s total turnover in 2020. The industry is fragmented, with the top five companies generating 40.5% of total turnover in 2020.
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This Euromonitor industrial report provides unique information on Monetary Intermediation in the United Kingdom: ISIC 651. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Monetary Intermediation in the United Kingdom: ISIC 651 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of insurance and pension funding, monetary intermediation.See All of Our Definitions
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