Financial and related professional services in Scotland
Financial and related professional services account for 11% of the Scottish economy, the largest area contribution outside London
Scotland is one of Europe’s leading financial centres and the second largest international financial hub in the UK.
Scotland has particular strengths in banking, life assurance and pensions. It is a renowned centre of excellence in investment management with its origins dating back to the nineteenth century.
Edinburgh and Glasgow are the major financial centres in the region, followed by Aberdeen and Dundee.
Scotland has a distinguished history in financial services that dates back over 300 years. It is one of Europe’s leading financial centres and the second largest international financial hub in the UK. The sector employs over 150,000 people and contributes 11% to the region’s economy. The contribution to the local economy made by financial and related professional services is larger in Scotland than in any other area outside London.
Our infographic illustrates the percentage of UK financial services jobs in Scotland, indicating the major role that Scotland plays in the industry.
Please click here for our latest report examining the role of financial and related professional services in driving jobs and growth across the UK.