89,500
Financial and professional services jobs
Home to major players including Deutsche Bank, Hogan Lovells and KPMG, Birmingham is a well-connected financial and professional services hub, where more than 60% of the sector's workers are high skilled. Lying at the centre of the thriving West Midlands region, Birmingham hosts a significant concentrations of banks and insurers, as well as the UK's largest legal and accountancy cluster outside London. It exports £2.6bn in financial services.
£57.41m
in foreign direct investment in financial services 2014-18
HSBC chose Birmingham as the headquarters of its new retail bank, HSBC UK. In early 2020 international accountancy firm PwC are set to move to their new landmark building in the city, housing 2,400 staff.
The Midlands Engine partnership, and the recent election of the first West Midlands Metro Mayor, who promotes trade and investment in the region, have been advances that have boosted the appeal of the area to firms of all sizes.