2014-03-31 10:40:01 - Financial Management in the UK - Industry Market Research Report - a new market research report on companiesandmarkets.com
The Financial Management industry includes businesses that provide clients with advice, guidance and operational assistance relating to financial systems and strategy. Industry revenue is expected to decline at a compound annual rate of 1.0% over the five years through 2013-14. Revenue contracted during the start of the period as demand for industry services declined due to businesses slashing capital expenditure budgets and the number of corporate transactions falling significantly.
However, the industry returned to growth in 2011-12, with many organisations´ focussing on financial management and control issues increasing. This focus, coupled with improving economic conditions, is expected to result in industry revenue increasing by 3.1% to Â£4.9 billion in 2013-14. Industry profit margins have improved after hitting a low in 2009-10.
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