Infographic: How the self-employed can drive banking revenue in the UK

14 million Brits are self-employed or own a business with less than 5 employees.


Many of these professionals are hiding in consumer banking accounts.

Self-employed/Sole traders 

58% use consumer banking accounts exclusively for their business transactions

Micro-enterprises

32% use consumer banking accounts exclusively for their business transactions


There’s a significant number of high-earning enterprises in consumer banking that could be migrated to business products and/or accounts.

9% are making £75,000+

3% are making more than £100,000


The cross-sell opportunity is lucrative

Based on account fees alone, banks could drive millions in top-line revenue growth. 


Our research uncovered the market opportunity for the top 10 U.K. banks. Want to find out more?

Find out how many businesses are hiding in your personal banking accounts.

Header image created using Creative Common assets from Pablo Stanley.