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30 June 2022

TheCityUK: Financial and professional services show strong pandemic recovery

The industry’s economic output (GVA) showed year-on-year growth of 8% in 2021 following a contraction of 0.6% in 2020. Total industry output in 2021 reached £261bn, up by £19bn year-on-year, accounting for 12% of total UK economic output, up from 10% in 2020.

Industry employment also...

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