Business, Professional And Financial Services (BPFS)

As the only place with a true full service offering outside London, the West Midlands is fast becoming a second centre for BPFS in the UK.

The largest UK regional Business, Finance and Professional Services cluster, our region offers world-class brands, scale and unrivalled breadth of talent. Plus, a recognised high-growth proftech cluster creates new innovative businesses and attracts new investors.

The original home of iconic heritage brands including Lloyds Bank and Midland Bank – now HSBC – today the West Midlands is a destination for leading institutions across the banking, legal and consultancy sub-sectors to serve clients across the UK and around the world.

A critical mass of expertise in investment and corporate banking; commercial and retail finance; insurance; global advisory; legal; and accounting, puts the West Midlands on the map as the most diverse and significant concentration of expertise outside the capital.

Businesses favour the region for its affordability and accessibility – especially when it comes to talent. Over 343,000 people work in the sector locally across 53,000 companies, backed by a 16,600-strong pipeline of business, finance and law graduates from the region’s nine worldclass universities.

That means plenty of opportunity for collaboration as the West Midlands boasts the largest regional offices for each of the Big Four – PwC, EY, Deloitte and KPMG – and the European headquarters of major international law firm Gowling WLG. It’s not just big business in our financial cluster, though. In Birmingham alone, there are over 4,400 companies employing 53,000 people and the city has quickly become the largest premium hub for financial and professional services outside of London. All are ready and waiting to work with you.

DON’T FORGET:

• We’re home to the headquarters of HSBC UK
• Birmingham is the largest financial hub outside of London
• There are over 34,000 business studies students here the talent pool is constantly growing
• The West Midlands has a growing £411m FinTech community
• This is one of just three Government recognised FinTech hubs in the UK

DID YOU KNOW...

West Midlands businesses are growing – there are now 48,000 Business, Professional and Financial Services companies based right here.