Financial and related professional services in Wales
Cardiff is the dominant financial and professional services centre in Wales accounting for a third of regional sector employment
Wales has a growing reputation for providing high quality professional services and support functions, with particular expertise in insurance technology support, taxation and legal services.
South Wales plays a particularly important role with financial centres in Cardiff, Swansea and Newport.
The financial and related professional services sector in Wales employs 59,900 people across the nation and contributes 7.5% of GDP, and this is expected to grow over the next decade. The region has become one of the best places in Europe for businesses looking to improve costs and customer service.
Wales has a growing reputation for providing high quality professional services and support functions, with particular expertise in cards and payments, asset finance, fund administration, mortgage administration, taxation, securities trading, insurance, legal services, ICT support, shared-service centres and business process outsourcing.
Our Wales infographics illustrate the value of financial services to the local economy.
Please click here for our latest report examining the role of financial and related professional services in driving jobs and growth across the UK.