Banks in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Banks Market Research Report | SIC K64.191 | Dec 2014

Money talks: Revenue is forecast to grow despite rising regulation weighing on performance

IBISWorld’s Banks market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Barclays plc Barclays plc market share
HSBC Holdings HSBC Holdings market share
Lloyds Banking Group Lloyds Banking Group market share
Royal Bank of Scotland Group Royal Bank of Scotland Group market share
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

The past five years have been some of the most volatile in the history of the banking industry. After a period of surging revenue and profit driven by a credit boom, a strong economy and an unprecedented expansion in banking operations and products, the industry was brought to its knees by the financial crisis in late 2008. As global capital markets plunged and banks stopped lending to each other, massive asset write-downs wiped out banks' equity, resulting in the collapse of Northern Rock and forcing the partial nationalisation of those left standing.

Banks have endured a torrid time, with revenue declining in 2008-09 before increasing strongly in 2009-10 thanks to government bailouts and assistance... purchase to read more

Industry Report - Industry Key Buyers Chapter

IBISWorld expects the four largest UK banks to have a combined market share of 47.4% in 2014-15, which indicates a medium level of concentration in the industry. Concentration increased significantly in January 2009 when Lloyds acquired HBOS, which had been hit hard by the financial crisis. The acquisition was largely funded by a capital injection from the government on the condition that the combined group would create and spin out a 600-branch retail banking business that would account for about one-fifth of the combined group's mortgage book. This is expected to cause concentration to decline over the next five years. A similar bailout condition requiring RBS to divest 316 Royal Bank of Scotland and NatWest branches is also expected to reduce concentration over the coming years... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Banks Industry?

The Banks industry covers the retail and commercial banking activities of deposit-taking institutions. Retail and commercial banks accept deposits from and make loans to individuals and businesses.

Industry Products
Business loansHome loansPersonal loansBank accounts
Industry Activities
Lending to businessesLending to individualsAccepting deposits

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