B2B drives market demand, with B2B spending representing 50.0% of total demand in 2022. Lloyds Banking Group Plc is the largest company in the UK, generating 8.8% of the industry’s total turnover value in 2022. The industry is fragmented, with the top five companies generating 33.8% of total production value in 2022. The total number of companies decreases in 2022, to 101,129 units. The costs of the industry decrease by 1.5% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 21.1% of turnover in 2022, the ninth highest regionally. With turnover of USD180 billion, the UK accounts for 13.1% of the Western Europe total in 2022.
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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.
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