Industry Analysis & Industry Trends
The Financial Management industry includes businesses that provide advice and guidance on financial systems and strategy. Industry revenue is expected to increase at a compound annual rate of 3.3% over the five years through 2015-16. Revenue has grown steadily as the economy has been recovering. Demand for industry services declined prior to the period when businesses slashed their capital expenditure budgets and the number of corporate transactions fell significantly. Public-sector demand also dwindled and contributed to the fall in revenue before the beginning of the past five-year period.
Industry revenue is estimated to grow by 2.3% to £5.4 billion in 2015-16... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Financial Management industry's contribution to the economy, as measured by industry value added, is expected to grow at a compound annual rate of 6% over the 10 years through 2020-21. Over the same period, the UK economy is forecast to grow at a slower compound annual rate of 2.1%.
As a result, the Financial Management industry is in the growth stage of its life cycle. The industry has expanded on the back of technology changes that allowed the integration and automation of accounting systems, and the efficient extraction of complex financial information for use by management. In .. purchase to read more