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Financial services business volumes continued to grow strongly in Q2 2013

Date: Tuesday 2nd July 2013

Financial services business volumes continued to grow strongly and optimism improved in the three months to June, according to the latest CBI/PwC Financial Services Survey. The life insurance sector was the exception, with business volumes shrinking and optimism falling.

As expected, overall profits growth for the sector dipped slightly as a sharp fall in average operating costs and strong business volumes growth were offset by flat average commissions, fees and premiums.

http://www.cbi.org.uk/media-centre/press-releases/2013/07/business-continues-to-grow-and-optimism-rise-in-financial-services-sector/

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