Financial Services

Birmingham has the largest regional financial and professional services hub in the UK



Birmingham offers a huge pool of both talent and resources supported by world class infrastructure and connectivity. The city is an ideal location for professional services with rental costs being significantly cheaper than London, with up to 50% lower prime rental costs than the capital, plus unparalleled physical infrastructure and connectivity to and from the city. These key advantages have enabled Birmingham to emerge as a leading destination for financial and professional services.

Key Facts

  • Birmingham’s regional Business, Professional and Financial Services hub (BPFS) is the largest in the UK and brings £16billion into the area
  • The financial and professional services hub in Greater Birmingham employs over 200,000 people across 23,000 companies.
  • Over 300 company headquarters are located in Birmingham’

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Birmingham is one of only four UK cities with over 10,000 banking professionals and is home to the city centre Enterprise zone, one of the biggest regeneration projects in the UK, comprising of 26 sites across the city and providing 700,000m2 of office space for a range of sectors, including Financial Services.

Paradise Birmingham is one of the major schemes central to the Enterprise Zone. The completed scheme will create a high quality setting for office, civic, retail, leisure and hotel space providing major improvements to pedestrian access and greatly enhanced public areas.

The Snowhill district of the city centre is a hub for business, professional and financial services activity. Over the next 20 years there will be opportunities for residential development in the area. The Curzon area also has a large potential for growth with the future arrival of th HS2 line.

Key Companies

Below is a list of the Top 10 strategic companies in and around Birmingham, representing the biggest and best of the region's Financial Services thriving, local industry:

RBS Group
Lloyds Banking Group
Deutsche Bank
Wesleyan Assurance
Certegy Card Services
Paragon group
Direct Line
Legal and General 

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Membership Organisations

BPS Birmingham
BPS Birmingham is a membership organisation that helps a range of professionals in the BPFS (business professional and financial services) services of the Birmingham region. The organisation is split into different sections:

BPS Future: Helping aspiring young professionals to reach their goals as Birmingham’s next top leaders
BPS Leaders: Connecting and representing the leaders of Birmingham’s business professional and financial services
BPS Aspire: Supporting young people in training or education and introducing them into their desired sector


With 8 universities, two of have business schools in the global top 100, and 24 further education institutions within Greater Birmingham, a pool of professional talent is available to aid the sector. Additionally, collaboration between large firms such as Deutsche Bank, DTZ and KMPG with Birmingham Metropolitan College has seen the creation of the Greater Birmingham Professional Services Academy - fostering the professional talent of the city for future employment in the sector.