Financial and Professional Services
The financial and professional services sector in Leeds City Region is the largest financial centre outside of London and a major hub for professional services, contributing £13bn of gross value added (GVA) to the UK economy, with nearly half of the population working in professional, managerial and associate professional jobs.
Over 30 national and international banks are based across the city region and Leeds is home to the Bank of England’s only note issuing centre outside of London.
With over 14,100 employed in banking, Leeds outstrips Manchester, Birmingham and Glasgow in size (TheCityUK, 2013) and is also a significant hub for related professional services with higher overall employment than Edinburgh (TheCityUK, 2013), a strong legal sector and one of the highest number of management consultants in the UK.
The city is home to a rich and diverse range of insurance businesses from global insurers, customer services and claim handling centres, underwriting and brokerage operating across various markets and specialisms.
Leeds is at the forefront of strategic thinking and focused on growing the level of quality financial and professional services employment outside London.
The strength of the sector in the region offers extensive benefits for hosting your financial or professional services conference or event in the city, as our team has access to a vast number of industry leaders and firms who would be well placed to feed into your programme. The exciting growth and development in the sector here ensures innovative ideas and passion will be cultivated in Leeds.