Business, Professional and Financial Services

Sheffield is considered a UK centre of excellence for financial, business and professional services (BPFS) combining high value technology expertise with a robust talent pool, established financial ecosystem and cost effective real estate. It is perfectly placed for those financial businesses looking to maximise the potential of technological innovation.

With access to over 900,000 people within a journey to work area, and over 117,000 people employed in the sector, your business is able to recruit from an extensive pool of talent with specific skills in the professional and financial sectors.

Sheffield offers local and international expertise in accountancy and legal services, banking, insurance as well having a strong presence of processing and service functions.

Sheffield has a long standing Legal sector and is home to international firms such as DLA Piper, Nabarro and Irwin Mitchell who sit alongside regional and national firms such as HLW Keeble Hawson and Freeths. We’ve also seen companies such as Fragomen Worldwide open their second UK office in the city in recent times.

Sheffield has become a firm base for many Banking and Finance companies to set up processing and service functions in the city. Companies such as HSBC, Santander and Lloyds Bank all have major service centres in the city centre. Sheffield is also home to the British Business Bank, the UK Government’s business investment organisation.

With over 4,500 people employed within the Insurance sector, Sheffield is also a major centre for life insurance and pensions administration. The city is home to major employers such as Aviva, AON and Westfield Health.

One of the key benefits for businesses being based in Sheffield is the ability to recruit from our two leading universities and business schools offering finance and business education.

Sheffield has also become a location of choice for Back Office and Contact Centre functions for companies such as Aviva, Sky, XLN Telecom and Capita. The access to highly skilled workforce has ensured these companies have been able to grow and deliver high quality, cost effective services by being based in the city.

To find out what Sheffield can help your business grow, contact a member of the team on +44 (0)114 223 2382 or email invest@sheffield.gov.uk.

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