Banks in the United Kingdom
Summary
Banks in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The banking industry involves the activities of banks and similar institutions that offer financial services such as savings, loans, mortgages, and related services to businesses and consumers.
- The UK banks industry group recorded assets of $12,479.6 billion in 2023, representing a compound annual growth rate (CAGR) of 3.2% between 2018 and 2023.
- The bank credit segment accounted for the industry group's largest proportion in 2023, with total assets of $6,941.7 billion, equivalent to 55.6% of the industry group's overall value.
- In 2023, the revenue of the UK banks industry group witnessed an annual contraction of 1.8% due to the fall in mortgage lending and interest income. According to the Bank of England, in November 2023, individual mortgage lending was at net zero and the actual interest paid on newly drawn mortgages, or the effective interest rate, increased by 9 basis points to 5.34%.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in the United Kingdom
- Leading company profiles reveal details of key banks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom banks market with five year forecasts by both value and volume
- What was the size of the United Kingdom banks market by value in 2023?
- What will be the size of the United Kingdom banks market in 2028?
- What factors are affecting the strength of competition in the United Kingdom banks market?
- How has the market performed over the last five years?
- Who are the top competitors in the United Kingdom's banks market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market share
- 1.6. Market rivalry
- 1.7. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players?
- 7.3. What are the strategies of the leading players?
- 7.4. What have been the recent M&A activities?
- 8 Company Profiles
- 8.1. Barclays Plc
- 8.2. HSBC Holdings Plc
- 8.3. Lloyds Banking Group Plc
- 8.4. NatWest Group Plc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: United Kingdom banks industry value: $ billion, 2018-23
- Table 2: United Kingdom banks industry category segmentation: % share, by value, 2018-2023
- Table 3: United Kingdom banks industry category segmentation: $ billion, 2018-2023
- Table 4: United Kingdom banks industry geography segmentation: $ billion, 2023
- Table 5: United Kingdom banks industry value forecast: $ billion, 2023-28
- Table 6: United Kingdom banks industry share: % share, by value, 2023
- Table 7: Barclays Plc: key facts
- Table 8: Barclays Plc: Annual Financial Ratios
- Table 9: Barclays Plc: Key Employees
- Table 10: Barclays Plc: Key Employees Continued
- Table 11: Barclays Plc: Key Employees Continued
- Table 12: Barclays Plc: Key Employees Continued
- Table 13: HSBC Holdings Plc: key facts
- Table 14: HSBC Holdings Plc: Annual Financial Ratios
- Table 15: HSBC Holdings Plc: Key Employees
- Table 16: HSBC Holdings Plc: Key Employees Continued
- Table 17: HSBC Holdings Plc: Key Employees Continued
- Table 18: Lloyds Banking Group Plc: key facts
- Table 19: Lloyds Banking Group Plc: Annual Financial Ratios
- Table 20: Lloyds Banking Group Plc: Key Employees
- Table 21: Lloyds Banking Group Plc: Key Employees Continued
- Table 22: NatWest Group Plc: key facts
- Table 23: NatWest Group Plc: Annual Financial Ratios
- Table 24: NatWest Group Plc: Key Employees
- Table 25: NatWest Group Plc: Key Employees Continued
- Table 26: United Kingdom size of population (million), 2019-23
- Table 27: United Kingdom gdp (constant 2005 prices, $ billion), 2019-23
- Table 28: United Kingdom gdp (current prices, $ billion), 2019-23
- Table 29: United Kingdom inflation, 2019-23
- Table 30: United Kingdom consumer price index (absolute), 2019-23
- Table 31: United Kingdom exchange rate, 2019-23
- List of Figures
- Figure 1: United Kingdom banks industry value: $ billion, 2018-23
- Figure 2: United Kingdom banks industry category segmentation: $ billion, 2018-2023
- Figure 3: United Kingdom banks industry geography segmentation: % share, by value, 2023
- Figure 4: United Kingdom banks industry value forecast: $ billion, 2023-28
- Figure 5: Forces driving competition in the banks industry in the United Kingdom, 2023
- Figure 6: Drivers of buyer power in the banks industry in the United Kingdom, 2023
- Figure 7: Drivers of supplier power in the banks industry in the United Kingdom, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the banks industry in the United Kingdom, 2023
- Figure 9: Factors influencing the threat of substitutes in the banks industry in the United Kingdom, 2023
- Figure 10: Drivers of degree of rivalry in the banks industry in the United Kingdom, 2023
- Figure 11: United Kingdom banks industry share: % share, by value, 2023
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