Innovation
The UK’s reputation as an international centre of excellence rests with its workforce – and with the thousands of UK-trained financial services professionals around the globe. As a world-leading provider of business education and professional qualifications the UK secures the standards and skills the industry needs. It also ensures that new ways of working and new technologies are adopted here first. The result is an industry served by people who can develop at the same pace as the market.
Professional institutes, specialist training providers, key university business schools and education clusters around the country are meeting growing global demand, providing portable professional skills that act as a passport to success throughout the world.
- In 2006 an estimated 330,000 people from overseas studied in the UK, for qualifications in fields such as accountancy, insurance and securities.
- London has the largest regional workforce in Europe – over 9 million people – one-third of whom hold university degrees.
- The UK is home to ten of the leading 100 universities in the world. Leeds University Business School (LUBS), for example, is renowned worldwide for the quality of its learning, teaching and research – the School was ranked third in Europe for excellence in research.
Case Study:
Chicago Business School switches to London
The University of Chicago Graduate School of Business relocated its European campus from Barcelona to the City of London in 2005, citing London’s position as “the top European city in which to conduct business” as the reason for the move. Arnold Longboy, Director, Corporate Relations & Recruitment at Chicago GSB commented, “One of the main attractions to locating in the City was to take advantage of the high concentration of corporate headquarters. The synergies with other London based companies are numerous.”