Our global offer to business

Access to talent and skills

World-leading universities and MBA programmes, an international workforce, and high quality of life driven by a rich cultural scene make London and the UK a global financial centre where financial and professional services firms find highly-skilled talent. This is supported by labour laws that are flexible and let firms respond to current business needs.

To remain competitive in the future, the UK needs to close skill gaps in London and across the country, provide skilled international talent with a pathway into UK-based firms, and re-build London's attractiveness as a metropolis to not lose bright minds to other centres.

Oxford University was named 2020 best university in the worldThe UK is home to the world’s best universities

The quality of the UK’s universities is unmatched. The UK's universities lead the global top 100. In 2020, the University of Oxford was named best university in the world; the University of Cambridge ranks third. Nine other universities from across the UK feature in the global top 100. Over the past five years, the UK universities’ rankings have increased, demonstrating that their offering is becoming better and better. Businesses located in the UK can recruit straight out of these universities and have access to talent with the best potential world-wide.

1st

Oxford University was named 2020 best university in the world

9/100

The UK is home to 9 of the best 100 MBA programmes world-wide

Financial and professional services firms in the UK have access to a vast pool of highly-qualified entry-level talent

Financial and professional services firms in the UK have access to a vast pool of relevant graduates. Almost 40% of all graduates from UK universities graduate from business, mathematics, or information technology programmes. This is a higher share than in the US or Germany. With many of the UK’s universities and business schools being world-leading, this provides for highly-skilled entry-level talent. Financial and professional services firms across the UK can fill their junior roles with  people that are ambitious, qualified, and eager to work towards a business’ continued success.

Partner Story

Skyline Partners: 'The talent pool here is excellent both in insurance and technology.'

Skyline Partners: 'The talent pool here is excellent both in insurance and technology.'

Case study

Salonica Group: 'London has a highly educated workforce and is a very liveable city.'

Salonica Group: 'London has a highly educated workforce and is a very liveable city.'

London is the most international financial centre and businesses located in the UK’s capital can recruit from a diverse pool of talent which helps them establish relationships with clients and partners from around the world

An already international workforce makes London one of the most globally connected financial centres in the world and students from abroad further contribute to its international talent base. The UK’s new immigration system needs to continue facilitating access to international talent to ensure the future competitiveness of businesses. And to avoid driving skilled talent away through high visa costs. Once COVID-19 related travel restrictions are lifted, the UK's higher education system needs to return to attracting students from around the world.

18.3%

of all enrolled students in the UK are from abroad

38%

is London’s share of foreign-born population – the highest of all global financial centres

1/3

of London is green space

Pre-COVID, London was one of the world’s most attractive cities to live inLondon is one of the world’s most attractive cities to live in and acts as a magnet for bright talent from all over the world

Despite only New York City and Hong Kong having higher living costs, the UK capital's globally unrivalled cultural scene makes London a great place to live. With improving air quality and more green space than the European city has on average, London is also responding to current and future sustainability demands. However, like major cities all around the world, COVID-19 has had a deep impact on London's quality of life and going forward the city's characteristics need to be brought back to life.

"In the increasingly interconnected world in which we live London’s status as a leading global financial centre has never been more dependent on the quality of people it attracts to work here and support it. "

Rachel Taylor, Partner PwC

"The UK’s financial services sector thrives because of the skilled and talented people who drive it; people who can innovate, seek out new solutions, embrace change and new technology."

Claire Tunley, Chief Executive Officer Financial Services Skills Commission

London and the UK’s competitive strengths in a changing world

Our world-leading competitiveness is built on longstanding strengths accelerated by a commitment to innovation