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UK Finance Sector Faces Sharp Decline, TPG Report - FinanceFeeds

Summary by FinanceFeeds
The UK financial sector has lost nearly 10,000 businesses since 2020, according to a new report from The Payments Group (TPG). The study, titled Beyond Peak Finance, describes an industry struggling with consolidation, business failures, and increasing competition from foreign firms. The report cites several factors contributing to the decline, including economic instability, regulatory challenges, and the growing dominance of U.S. tech companie…
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FinanceFeeds broke the news in on Friday, February 21, 2025.
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