Based on the expert analysis and our database of 440+ UK industries, IBISWorld presents a list of the Most Profitable Industries in the UK in 2021
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View a list of the Top 25 most profitable industriesTotal Profit for 2021: $108.6B
Open-ended investment companies (OEICs) and unit trusts are both types of collective investment schemes that can adjust their portfolios to maximise returns, given a specific investment remit. The size of the fund depends on demand for fund shares, which are created and cancelled upon purchase and redemption. As a result, the fund size is proportional to its investment performance. OEICs are priced to reflect the net asset value of their investments and may have multiple share classes. Funds invest in a range of assets, including domestic and global equities, government and corporate fixed-income securities, and a range of derivatives. While... Learn More
Total Profit for 2021: $15.0B
Retail and commercial banks generate most of their revenue by charging interest on loans, while a secondary source of revenue is represented by non-interest income from card fees and overdraft fees. Although economic uncertainty since the EU referendum in June 2016 limited demand from home mortgages to an extent, while subdued business confidence reduced demand for commercial loans, prior to the outbreak of COVID-19 (coronavirus) the industry was expanding at a moderate pace. Personal lending grew as consumers became increasingly reliant on debt to fund spending. However, a stricter regulatory environment, including increased capital requirements introduced under the Basel III... Learn More
Total Profit for 2021: $11.0B
Solicitors, barristers, patent agents, notaries and bailiffs carry out legal activities on behalf of private and corporate clients. Over the five years through 2020-21, industry revenue is expected to rise at a compound annual rate of 0.4%. Widespread business uncertainty following the EU referendum, a decline in merger and acquisition activity and falling residential property transactions limited industry growth over the period. In the current year, revenue is anticipated to fall by 3.8% to £35.6 billion due to the negative effects of the COVID-19 (coronavirus) pandemic on the economy. However, this industry is countercyclical, meaning that demand for legal work... Learn More
Total Profit for 2021: $9.0B
The Computer Consultants industry is composed of businesses that provide expert advice and assistance in planning and designing computer systems that integrate computer hardware, software and communication technologies. Computer consultants provide services to clients in all sectors of the economy, although clients within the financial services sector and the public sector are particularly important markets. Demand for industry services is largely influenced by business confidence levels, which rise and fall with general economic conditions, and technological advancements, particularly those that are beneficial to businesses.
With the exception of a plateau in the current year caused by the global economic slowdown generated... Learn More
Total Profit for 2021: $8.0B
Operators in the Construction Contractors industry are active across the building construction and civil engineering markets. While, by broad definition, operators are remunerated for completing new building and infrastructure construction contracts, or for fulfilling maintenance, repair, renovation and remodelling contract obligations, the spectrum of services offered by civils and general building contractors in this industry is multifaceted. Some contractors focus on the construction of new dwellings, while civil engineering specialists afford clients services across the infrastructure value chain. Meanwhile, some contractors specialise in commercial building activity, while many independent contractors may focus on small-scale maintenance contracts in local markets.
Prior to... Learn More
Total Profit for 2021: $8.0B
Brokers in the Security and Commodity Contracts Brokerage industry deal in financial markets on the behalf of others. Industry operators do not deal in markets on their own account or manage portfolios. Industry revenue has declined over the past five years; however, industry revenue in the base year was distorted by large stock markets sell offs in the year. Volatility in the industry has remained very high, which has at times benefited the industry. Demand for industry services is expected to be slightly erratic in the current year, as volatility related to the spread of COVID-19 (coronavirus) increases trading volumes... Learn More
Total Profit for 2021: $7.7B
The Management Consultants industry covers a broad range of consulting services, including strategic and organisational planning, marketing, IT, human resource consulting and business process management. Over the five years through 2020-21, industry revenue is expected to grow at a compound annual rate of 2.8% to reach £61.6 billion. This growth has been largely driven by rising demand for IT consulting services. In addition, regulatory changes in the financial services sector, the industry's largest downstream market, have benefited the industry, as banks and other financial institutions have required assistance to reformulate business strategies and operations in order to comply with new... Learn More
Total Profit for 2021: $7.5B
Operators in the Building Project Development industry bring together the financial, technical and physical resources required to complete a property development. Upon completion, the property may be delivered to a client for subsequent use or sale, or the developer may retain equity interest and derive income via rental fees charged. The financial and operational performance of development markets rests on a number of economic and socio-economic factors, ranging from property valuations and price movements to market sentiment and credit conditions.
Industry revenue is forecast to increase at a compound annual rate of 2.8% over the five years through 2020-21 to reach... Learn More
Total Profit for 2021: $7.2B
The industry performed strongly in the base year of the period. Rising incomes and low fuel prices encouraged motorists to purchase new cars, with new car registrations reaching record levels in 2016. Cheap finance deals, the wider availability of new technologies in new cars and the improved fuel economy offered by new models contributed to the industry's strong revenue performance. However, a period of economic uncertainty since the EU referendum has contributed to a fall in new car sales. Overall, revenue is expected to decrease at a compound annual rate of 4.9% to reach £101 billion over the five years... Learn More
Total Profit for 2021: $5.9B
Changing shopping habits, the aggressive expansion of discount supermarkets and increased external competition have all influenced industry performance over the past five years. Prices have been cut by the largest operators since the start of the price war in a highly competitive environment. However, these have paled in the light of the COVID-19 (coronavirus) crisis. The national lockdown and closure of the hospitality sector has meant that the population was reliant on supermarkets to supply them their sustenance throughout the beginning of 2020-21. As the economy remains subdued throughout 2020-21, disposable income is expected to continue falling and confidence is... Learn More
Based on the expert analysis and our database of 440+ UK industries, IBISWorld presents a list of the Fastest Growing Industries in the UK by Revenue Growth (%) in 2021
VIEW ARTICLEBased on the expert analysis and our database of 440+ UK industries, IBISWorld presents a list of the Biggest Industries by Revenue. in the UK in 2021
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