What was the UK business events industry revenue in 2024 and its projected growth to 2035?

• A. Over £33 billion; projected ~5% per year
• B. Over £50 billion; projected ~3% per year
• C. £20 billion; projected ~7% per year
• D. £12 billion; projected ~2% per year

Answer: (A)

Understanding how revenue and growth rate combine over time is the key. A growth rate of about 5% per year compounds, so starting from a little over £33 billion in 2024 would lead to a substantial but steady rise by 2035 (roughly in the mid-to-high £50s billions). This pairing—around £33bn now with ~5% annual growth—is plausible and consistent with a stable expansion path over 11 years.

The other options mix a much larger current size with a low growth rate or a much smaller current size with a high growth rate, which would yield implausible projections for 2035 given the 2024 baseline. So the choice stating over £33 billion in 2024 and ~5% per year is the best fit.