Employment in finance and professional services

I recently spotted a really interesting report in my Twitter feed that’s been produced by TheCityUK.  It includes some statistics on employment in the UK financial and professional services sectors in 2013 and I thought was worth sharing on this blog for those of you who might be interested in a career in one of these sectors.  Many thanks to Alan Thornborrow of Scottish Investment Operations for the original tweet that highlighted the report!

In brief

Section 1 of the report highlights some of the key employment statistics for the UK financial and professional services sectors in 2013.  Financial and professional services employ over 2.1 million people in the UK (around 7% of the total workforce).  More than two thirds of these are employed outside of London, highlighting that for those of you considering a career in one of these sectors that there are a wealth of opportunities available in other parts of the UK.  Outside of London key locations include the South East, the North West and Scotland (more detail in page 7 of the report if you’re interested in location and thinking about where you might be based after you graduate).

In terms of financial services, employment in 2013 totalled around 1 million people; the majority of these were in banking (over 400,000 employees) and insurance (over 300,000 employees).  Securities dealing and fund management were other key areas for employment.  For professional services, employment was split between management consultancy, legal services and accounting services.

Want to find out more?

You can download the report from the TheCityUK website

You can also find out more about careers in the financial and professional services sectors on the occupations section of our website

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s