Finance & Banking Sector
sector sponsor: St James's PLace Academy
Despite uncertainty over Brexit, there remains a strong demand for skilled and qualified workers to enter the finance profession.
TheCityUK's 2016 report UK financial and related professional services (FRPS): meeting the challenges and delivering opportunities reveals that the nation hosts more company headquarters and exports more services than anywhere else in the world. The sector is also a key driver of the UK economy, accounting for 12% of its output as well as employing 2.2million people.
The industry may have recovered from the banking crash and the subsequent recession, but Britain’s decision to leave the European Union (EU) has highlighted the uncertainty and potential future challenges that are faced by the sector. On the other hand, Brexit may create new opportunities.