Friday, September 25, 2009

the contribution of Financial Services in national GDP: UK and Germany

Does the Finance sector account for 15% of the UK #economy (GDP) as the German finance minister claims, or 8% as the UK Treasury claims?

Makes a big difference.

In Germany it is estimated at 6% of GDP.

But in terms of socio-economic modeling: Do the UK and London depend too much on Financial Services for economic activity and jobs?

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Hi there,

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Thanks.
BRs
Nick

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