The finance sector is arguably the backbone of the UK economy. According to The Office for National Statistics, over one million people were employed (including proprietors) in the UK’s private finance sector as of 2021, and around 37,000 were employed (including proprietors) in the UK’s public finance sector.
Given the importance of finance to the UK economy – as well as the billions of card transactions that take place every month – it’s clear finance professionals have a lot of responsibility on their shoulders.
Unfortunately, finance professionals are currently facing an onslaught of challenges. From the economic uncertainty to increasing interest rates, rising operational costs, changing consumer behaviour, tighter credit terms, staffing shortages, and the ever-increasing risk of cyber-attacks, there are many difficulties affecting profitability.
Download our insight guide to discover tools and strategies which teams can embrace to improve their situation and unlock their power.