Long term competitiveness

Key facts about UK-based financial and related professional services 2026

04 June 2026
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Our 'Key facts about UK-based financial and related professional services 2026' report outlines the economic contribution of the UK-based financial and related professional services industry, highlighting its scale, national reach and role in supporting households and businesses.

In 2025, the industry contributed £290bn to UK real gross value added and more than £100bn in tax, underlining its importance to economic growth, employment and public finances across the UK. The report also shows how the industry supports households through savings, pensions and mortgages, and businesses through lending, capital markets and investment.

Similar to previous editions of this research, this report uses the latest available data to provide a factual, evidence-based  understanding of the role of the industry in the UK economy

Highlights from the report:

Almost
2.5 million
people in the UK worked in financial and related professional services in 2024

Financial services had
1.1 million
people in employment:

• Banking
388,000

• Insurance
314,000

• Fund management
77,000

• Other financial services
314,000

Related professional services had almost
1.4 million
people in employment:

• Management consultancy
522,000

• Accountancy
496,000

• Legal services
368,000

For more information on the economic contribution of the financial and related professional services industry across the UK, please use the buttons below to read the full report: