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This amounts to a loss of £913.7m, according to money.co.uk, from £3.41bn in 2023 to £2.49bn in 2024.
British Business Bank to spend £500m backing underrepresented entrepreneurs
Finance and insurance recorded the fourth largest percentage decrease among all UK sectors, beaten by consumer goods and services (30.5% decrease), energy and environment (48.6%) and agriculture (93.2%).
The best performer was ICT, which saw an increase of nearly £6.5bn, or a spike of 156.7%
However, the financial services sector did see the largest investment through government EIS and SEIS investment i…
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