Insurance Post

Growth accelerates in UK financial services sector

PWC London

Activity in the UK financial services sector has grown in the last three months at the fastest rate since June 2007, although this growth is much slower than expected, a new survey conducted by CBI and PwC financial services shows.

The survey demonstates that for the fifth quarter in a row, profitability improved in the financial services sector, and is expected to continue growing over the next three months.

The CBI said that

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