📰 News10 March 2026·2 min read·
Expanded open banking could add £43bn annually to UK economy
Source: uktn
New EY analysis commissioned by Open Banking Limited finds that a fully unlocked open banking regime could contribute £43bn per year to the British economy. Open banking has already delivered £8.3bn in cumulative economic benefits since its introduction into UK finance. The report highlights significant untapped potential if regulatory and adoption barriers are further removed.
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