<p class="text-align-justify"><span style="font-size:10.5pt"><span style="line-height:normal"><span style="font-family:&quot;Libre Franklin&quot;"><span lang="EN-US" style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:black">Financial service encompasses a wide variety of operations including banking, insurance and&nbsp;investing. It acts as a conduit between borrowers and savers. Financial services industry assists people and corporations, and provides guidance on how they can maximize their money.</span></span></span></span></span></span></p>

<p class="text-align-justify"><span style="font-size:10.5pt"><span style="line-height:normal"><span style="font-family:&quot;Libre Franklin&quot;"><b><span lang="EN-US" style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:black">Economic Output</span></span></span></b></span></span></span></p>

<p class="text-align-justify"><span style="font-size:10.5pt"><span style="line-height:normal"><span style="font-family:&quot;Libre Franklin&quot;"><span lang="EN-US" style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:black">In 2019, £131.9 billion has been contributed to the UK economy by financial services, accounting for 6.9% of total output. It was ranked as the eighth largest industry when compared with the total economic output. This industry has contributed 6.3% to the UK economy in 2019, dropping from an all-time high of 8.4% in 2009.</span></span></span></span></span></span></p>

<p class="text-align-justify"><span style="font-size:10.5pt"><span style="line-height:normal"><span style="font-family:&quot;Libre Franklin&quot;"><b><span lang="EN-US" style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:black">Employment in financial services</span></span></span></b></span></span></span></p>

<p class="text-align-justify"><span style="font-size:10.5pt"><span style="line-height:normal"><span style="font-family:&quot;Libre Franklin&quot;"><span lang="EN-US" style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:black">In the UK, </span></span></span><span lang="EN-US" style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,serif">the financial<span style="color:black"> service sector </span>provided<span style="color:black"> 1.1 million jobs which are 3.2% of total jobs. The employment within the sectors has been relatively stable for the last several years, but has seen to be decreasing by a percent since 1990’s; however, the overall economy has risen through other jobs.</span></span></span></span></span></span></p>

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