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Property industry contributes more to UK economy than banking

Posted on 25 October 2011

Commercial property is larger than the banking industry, employs close to one million people and represents 5% of the £2.4 trillion invested by insurance and pension funds a new report from the Property Industry Alliance has revealed.

The Property Data report published this week, sets out key facts about commercial property, a sector which makes up a major part of the UK economy in its own right as well as providing a platform for virtually all other economic activity including the provision of work places, shops and leisure facilities………………………………………Full Article: Source


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