Financial Management in the UK - Industry Market Research Report

In the money: Revenue inches upwards in 2022-23 as economic headwinds push demand for countercyclical services

Over the five years through 2022-23, the Financial Management industry's revenue is set to dip at a compound annual rate of 1.7% to £5.7 billion, largely due to unfavourable demand conditions following the EU referendum and the COVID-19 outbreak. At the same time, profitability has crept downwards due to rising competition and constrained demand.

Companies in the Financial Management industry provide advice, guidance and operational assistance to businesses and public-sector organisations on issues such as accounting system design, financial risk management, budgetary control procedures, cost-reduction strategies, compensation and other financial issues. The industry excludes the design of accounting systems software and accounting and auditing services.

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 and an analysis of the industry key players and their market shares.