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Profile of the Financial Services Sector in the South East
This report includes information on the composition of the financial services sector in the South East; recent and projected future trends in employment and business numbers in the sector; the characteristics of the workforce; and recruitment and training. It has been produced to support the business planning for the new National Skills Academy for Financial Services in the South East. The key findings include:
- The South East has the second largest share of UK financial services employment of any region behind London.
- The financial services sector accounts for 7.6% of regional Gross Value Added (GVA) - contributing £12.3 billion to the regional economy.
- 95% of financial services businesses in the South East have fewer than 50 employees and 78% have few than 10 staff. However, more than 40% of all employees in financial services work in firms with more than 200 staff.
Dated 06/10/2008
Owning Organisation
South East England Development Agency - http://www.seeda.co.uk
Data Type
Research Report
Lowest Geographical Level
Local Authority District
Theme
Economy, Labour Market & Skills
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- Towards a Single Regional Strategy (February 16th, 2009)