Accounting Makes List of UK Growth Sectors in Industrial Plan

UK accounting firms and professional bodies welcomed a new government industrial strategy Monday that aims to foster rapid growth in key industries including accounting.

“As a global success story it’s only right that we’re recognised as a high growth sector,” Jon Holt, KPMG’s UK CEO, said in an emailed statement. The UK is the world’s second-largest exporter of professional services, he said.

The government unveiled a 10-year industrial strategy focused on eight sectors with the most economic growth potential: advanced manufacturing, the creative industries, life sciences, clean energy, defense, digital and technology businesses, financial services, and professional services such as ...