The UK is the world’s most global and outward looking centre for financial services, centred in London, one of the largest financial services centres in the world, with regional hubs of expertise throughout the country.

Our world-leading competitiveness is built on longstanding strengths accelerated by a commitment to innovation. UK financial and professional services benefit from the most globally connected market, exceptional skilled talent, access to capital, and regulatory and government support. The market advantages are underpinned by location benefits: time zone, physical and digital connectivity, and fantastic quality of life and cultural offer.

The UK’s Offer. Reasons to choose

1.Open and Global. Always open and connected across the globe

• Easy to do business east to west within the same working day
• Access to global capital through the London Stock Exchange, the world’s most international exchange
• The world’s most internationally connected financial markets
• International thought leaders – working with financial centres across the world to shape the regulatory framework and future of the sector
• A diverse and international workforce
• The world’s largest foreign exchange market

2.A deep and broad offer. Utilising the experience of the UK’s professional financial services

• The heart of the world’s financial markets and the world’s largest cluster of financial and professional services
• More bank head offices in the City of London than anywhere else in the world
• The world’s leading net exporter of financial services
• £38bn invested in more than 2,800 UK companies by private equity and venture capital in the last five years

3.Innovation that expands boundaries

• Thrive in the centre that ranks top for innovation on multiple indices
• Innovate in the top city for fintech worldwide, ranked by Deloitte
• Benefit from the best in expertise – the UK is home to Europe’s largest technology cluster in Cambridge
• Collaborate in a forward-looking policy environment with regulators who actively support innovation
• Access the right funding to start up and grow

4.Talent.Accessing home and international talent

• Recruit from 2.3 million strong talent pool of workers in financial and professional services
• Attract the best of international talent – with London ranked most appealing destination for global workers in the BCG Global Talent Survey
• Benefit from a diverse workforce with deep global connections to every corner of the world – 300 languages spoken daily
• Stay ahead with access to the best of international tech talent – with London ranked the number one destination in Europe for international technology workers

5.Opportunities for businesses to grow and succeed

• More venture capital investment than any other European hub in 2018
• The UK is the second largest investment management centre in the world, after the US
• 41% of the UK population used banking apps in 2017
• The world’s top legal and accounting firms are active in the UK, providing vital support for growing businesses

6.Business environment..Unparalleled business support

• Access capital, clients, partners and services as part of the world’s largest financial and professional services cluster
• Enjoy business friendly conditions in one of the top ranking economies in the World Bank’s Ease of Doing Business Index
• Benefit from the best legal advice in the home of the world’s business law
• Be at the heart of the world’s markets, close to more bank head offices than any other centre
• Benefit from the lowest average corporation tax rate in the G20

7.UK-wide financial expertise

• The largest trade surplus in financial and professional services of any country in the world
• 2.3 million people work in financial and professional services
• Two thirds of financial and professional services jobs are outside London
• Clusters of world-leading expertise around the country
• 22 towns and cities have talent pools of over 10,000 financial and professional services workers

Industries

The UK offers an unmatched range and depth of sector expertise in financial and professional services

1.Accountancy

• Tap into strong domestic demand for accountancy services worth £25bn annually
• Select from a pool of 164,000 accountancy students in the UK and Ireland
• Benefit from a leading market for accountancy services, with many of the largest global firms headquartered in London
• Access the expertise of over 5,600 UK registered audit firms

2.Asset management

• The largest centre for asset management outside the US
• £9.1 trillion of assets under management 
• Pioneers of sustainable and responsible investing – a key future trend for global asset managers
• A truly international market: over a third of assets under management are managed for overseas investors

3.Banking and capital markets

• London is the leading centre for international bond trading with around 78% of global secondary market turnover
• The UK’s trade surplus in financial services is greater than that of the next ten leading net exporting countries in Europe combined.
• The UK ranks number 1 in Europe for Islamic Finance according to the Islamic Finance country Index 2018
• The world’s first choice for foreign exchange
• A truly global banking industry

4.Cyber security

• Be part of the largest cyber security market in Europe valued at almost £6bn
• Choose from a talent pool of 30,000 people employed in the industry
• Benefit from a supportive government with £1.9bn in cyber security investments committed by 2021
• Enjoy unmatched understanding of the needs of the industry
• Join a cluster of more than 800 cyber companies, from start-ups to small and medium sized enterprises, already in the UK

5.Fintech

• Work with regulators with a mandate to help firms innovate
• Access the world’s biggest pool of client and partner financial and professional services firms
• Reach out through a global network of fintech bridges reducing barriers to entry to international markets
• Benefit from more fintech funding than any other centre in Europe
• Lead the field – in one of the world’s most cutting edge fintech industries
• Join more than 1600 fintech firms – set to double by 2030

6.Sustainable finance

• A leading centre for green finance quality and depth
• The global green bond market reached £258bn in 2019
• Benefit from UK Government commitments to developing green finance
• 100% of major UK banks offer green loan programmes
• In 2018, global assets under management incorporating ESG mandates grew from $22.9tn in 2016 to $30.7tn
• On the London Stock Exchange there are over 120 Green Funds and ETF, and FTSE Russell offers over 180 ESG indexes.

7.Infrastructure financing

• Access deep capital pools and a global investor base
• Participate in a huge pipeline of investment with £600bn earmarked for infrastructure investment over the next decade
• Tap the expertise of the world’s leading speciality risk insurance market
• Benefit from the UK’s strong regulatory, legal and business environment
• Access the specialist advisory services to support infrastructure financing

8.Insurance

• There are more premiums written and managed through London than in Bermuda, Singapore and Switzerland combined
• A talent pool of over 300,000 people working in the UK insurance industry
• The world’s largest specialty insurance and reinsurance market, operating in 200+ countries worldwide
• Almost 800 authorised insurance companies in the UK
• A large and developed consumer market for insurance products
• A reputation for reliability

9.Legal services

• The UK is the world’s second largest legal centre in terms of revenue
• Over 200 foreign law firms have chosen the UK for overseas offices
• English law is used in 40% of all global corporate arbitrations
• A talent pool of 338,000 people in the sector – with deep pools of talent across the UK

10.Management consulting

• Choose from over 60,000 consultants within the sector in the UK
• Benefit from rapidly growing technology consulting skills in areas such as digital transformation, big data, artificial intelligence or the cloud Dominant position
• Tap expertise from a world leading market
• Recruit the keenest minds: the consulting sector is the most popular industry choice among UK graduates

11.Venture capital and private equity

• Six of Europe’s top ten fintech deals were in the UK in the first half of 2019
• In the last five years, £38bn has been invested in nearly 2,800 UK companies by private equity and venture capital finds in the UK
• 843,000 people work for UK companies which have been backed by private equity and venture capital investors
• UK-based firms raised €4.3bn of VC funding during the first six months of 2019

12.Wealth management

• 37,000 people are directly employed in the UK wealth management sector
• UK wealth managers look after almost £1tn in assets
• 2.2m people in the UK use wealth managers

Details

Location ID
HZHZ26

GDP $
3

Population
2

Location Size 1
3410 Sq Ft

Garage Size
200 SqFt

GDP Per Capita
1

Year Built 1
2016