Category: Service Industries
United Kingdom Service Industries
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Macro - Weekly Briefings - United Kingdom
... Bank Rate by 25bps to 4.75% at its meeting this week. Most MPC members concluded that although last week's Budget was likely to boost growth and inflation, a gradual approach to loosening policy remained appropriate. Read More
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Home Insurance in the UK - Industry Market Research Report
... of 1.9% to £5.2 billion, including growth of 2.1% in 2023-24. Revenue is comprised of premium income and investment income. Insurers must maintain enough capital reserves to meet liabilities in the event of a claim; ... Read More
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Private Security Services in the UK - Industry Market Research Report
... to £8.8 billion. Private security services have benefitted from public sector organisations outsourcing more security functions to private sector contractors because of low police officer numbers. Although the government has scaled up police funding and ... Read More
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Insurance Agents & Brokers in the UK - Industry Market Research Report
... £19.2 billion over the past five years; this includes a bump of 9.6% in 2023-24, when the average profit margin is 8.6%. Commercial and speciality lines have boomed thanks to digitization and geopolitics. Cyber cover ... Read More
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Pension Funding in the UK - Industry Market Research Report
... defined contribution (DC) schemes dominating the industry. Following the onset of the COVID-19 pandemic, equity markets were destabilised, causing asset values to decline in 2020. However, the steady recovery of economic conditions as the pandemic ... Read More
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Tattoo Artists in the UK - Industry Market Research Report
... million. The perception of tattoos and those who have them has seen a societal shift over the years – they're now deemed far more accepted in many walks of life. Additionally, the increasing popularity of ... Read More
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Meat Wholesaling in the UK - Industry Market Research Report
... its key downstream markets. The ongoing cost-of-living crisis has forced households to tighten their purse strings, with expenditure on meat falling as a result. Households are trading down from more premium meats (such as beef ... Read More
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Human Resources Provision in the UK - Industry Market Research Report
... have slowed business spending and limited revenue growth. Over the five years through 2023-24, revenue is slated to rise at a compound annual rate of 0.6% to reach £2 billion. Human resources providers manage resources ... Read More
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Driving Schools in the UK - Industry Market Research Report
... responsible for issuing commercial certificates and permits. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates ... Read More
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Chemical Product Wholesaling in the UK - Industry Market Research Report
... agrochemical products and fertilisers. Many of these products are intermediates, meaning the industry has a vital role in many value chains, as it distributes a diverse range of items that serve an equally diverse range ... Read More
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Mortgage Brokers in the UK - Industry Market Research Report
... to £2 billion. Growth has been driven by rising residential property transactions stimulated by government initiatives and rising house prices. However, mortgage brokers have faced numerous challenges, including downward pricing pressures from upstream lenders and ... Read More
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Tax Consultants in the UK - Industry Market Research Report
... to £4.5 billion. Before the COVID-19 outbreak, operating conditions had been generally favourable, as a falling unemployment rate and a rising number of businesses have increased the potential client base for tax consultancies. The industry ... Read More
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Actuarial Consulting Services in the UK - Industry Market Research Report
... consulting. Actuarial consulting services are sought after by businesses across all sectors of the economy, providing firms with a steady demand and limiting revenue volatility. Revenue in the Actuarial Consulting Services is expected to swell ... Read More
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Temporary-Employment Placement Agencies in the UK - Industry Market Research Report
... over the five years through 2022-23. The COVID-19 outbreak meant key employers of temporary workers in the sports and music events spaces completely shut their doors and businesses froze hiring, reducing clients for agencies. Sign-ups ... Read More
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Flower & Plant Wholesaling in the UK - Industry Market Research Report
... are non-essential. Surging inflation is forcing households to tighten their purse strings and cut back on spending on things like flowers and plants. This hinders the extent of wholesalers' recovery following the COVID-19 outbreak, which ... Read More
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Juice, Mineral Water & Soft Drink Wholesaling in the UK - Industry Market Research Report
... rate of 5.7% over the five years through 2022-23 to £4.8 billion. Juice, mineral water and soft drink wholesalers were hard hit by the downturn in demand caused by COVID-19 restrictions on the hospitality sector ... Read More
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Motor Vehicle Insurance in the UK - Industry Market Research Report
... years through 2023-24 to £19.9 billion, including an estimated growth of 3.3% in the current year. Often, insurers invest the premiums earned from insurance activities to generate additional income. Since the Solvency II EU directive ... Read More
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Macro - Weekly Briefings - United Kingdom
... public sector net financial liabilities over the course of the parliament looks likely. But we expect Reeves to keep a decent amount of room against her new debt rule to mitigate market concerns about higher ... Read More
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Residential Real Estate Agents in the UK - Industry Market Research Report
... sold, rented or leased in the UK. Typically, estate agents earn income via fixed flat rates or commissions and transaction fees related to the selling price charged to interested parties. Estate agents also provide clients ... Read More
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Employment Placement Agencies in the UK - Industry Market Research Report
... over the five years through 2023-24. Unemployment fell consistently in the eight years through 2019-20, with hiring activity plentiful – boosting the need for placement services. Agencies in this industry list employment vacancies, refer applicants ... Read More
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HR & Payroll Software Publishing in the UK - Industry Market Research Report
... a cheaper alternative to traditional HR and payroll management systems. Over the five years through 2022-23, revenue will grow at a compound annual rate of 7.5% to £1.4 billion. Industry start-ups have increased markedly, many ... Read More
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Private Equity in the UK - Industry Market Research Report
... in terms of global importance. PE firms pool investment funds or use leverage to purchase other companies. Their goal is to improve a company's performance by introducing managerial and operational changes, before selling the company ... Read More
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Fast-Food Franchises in the UK - Industry Market Research Report
... cheaper, on-the-go food is boosting sales of fast-food chains. The rise of vegetarianism and veganism has helped smaller franchises that focus on serving these niche markets, but more traditional chains have also innovated and expanded ... Read More
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Confectionery Wholesaling in the UK - Industry Market Research Report
... confectionery, like obesity, have deterred demand for several products high in sugar and fat. Many small wholesalers are operating in the industry alongside major confectionery producers' wholesale and distribution divisions, including Mondelez, Mars Wrigley Confectionery ... Read More
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Online Recruitment Sites in the UK - Industry Market Research Report
... annual rate of 7.3%. Online recruitment sites have become increasingly popular and a mainstream way to find a job. While site operators can't charge candidates, having more registered CVs and website visitors allows online recruitment ... Read More
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