England is home to the world’s number one international financial services centre, London… a global hub for financial institutions; accounting; banking; consulting; insurance and legal services.
Beyond London, English towns and cities are home to international firms and a great pipeline of graduate talent which offers cost-effective solutions for headquarters, regional, middle and back-office projects.
Check out the strengths of England’s financial and professional services hotspots below:
London-Essex UK Finance Corridor
Extending eastwards from the City of London along key transport routes, the London-Essex UK Finance Corridor is an intrinsic extension of London’s world-leading Financial and Professional Services cluster.
The Corridor includes the main Essex financial and professional services centres of Brentwood, Chelmsford, Colchester, Basildon and Southend-on-Sea.
Fast, direct access to London and the City provides Essex-based companies with an advantage that competitor out-of-London UK locations simply cannot match. This combines with a large-scale, skilled workforce and massive cost advantages to create a compelling location proposition for businesses.
The companies located within the London-Essex UK Finance Corridor specialise across a range of business areas and functions including:
Back office and business process outsourcing
Businesses in sub-sectors including banking, insurance and business process outsourcing (BPO), with operations including shared service and contact centres, benefit from a unique combination of fast access to London and a low cost base.
Financial data centre operations
Business benefit from high-speed data connectivity to London combined with low-cost, large-floorplate properties and an affordable, highly skilled IT workforce.
Niche financial services businesses
Businesses in sub-sectors including Wealth Management and Financial Technology benefit from highly desirable ‘out-of-city’ locations combining exclusivity, high concentrations of financial expertise and excellent connectivity – to the City of London and global markets.
Essex is the location of choice for a diverse range of professional services companies in sub-sectors including accounting and legal services. Many of these business serve, or have links to, the financial services sector in the London area.