124,000
financial and professional services jobs
Manchester is a significant financial and professional services centre. It has strong expertise in banking and asset and wealth management. There is also a strong general insurance cluster and an increasing number of brokers. It is home to the largest cluster of private equity firms outside of London, and a fast-expanding legal sector. The city exports £2.8bn in financial services.
The development of Spinningfields, the city's financial and professional services district has attracted major players including BNY Mellon, Barclays, Royal Bank of Scotland, OakNorth and Deloitte.
£130.5m
Foreign direct investment, in 14 projects, in financial services between 2014 and 2018
Manchester is an established hub of fintech expertise, especially in payments, software, platforms, data analytics and cyber security. Companies in the fintech ecosystem range from startups and rapidly g
rowing scaleups like BankiFi to teams from major international financial services firms including HSBC.