Leeds City Region is a leading hub for financial, professional and businesses services contributing £19.8 billion GVA and employing over 300,000 people.
A thriving banking hub embracing digital transformation
As the UK’s second centre for banking, over 28,500 are employed in major banks and building societies.
The largest digital bank in Europe, Lloyds Banking Group employs over 8,000, its largest footprint outside of London and home to the Digital Transformation Lab. first direct bank is headquartered in Leeds and was the UK’s first bank with a twitter account.
Three of the UK’s top five Building Societies are headquartered here (Yorkshire, Leeds and Skipton).
Quality and depth of professional services
The Big Four UK accountancy firms PWC, EY, KMPG and Deloitte each have major operations offering diverse service lines to their clients in our region and beyond. There is also a wealth of mid tier and niche firm to support growing businesses.
PWC recently opened a new Assurance Centre in Bradford which will employ up to 225 people.
The fastest growing legal sector
Leeds has Britain’s fastest growing legal sector, and has established itself as the country’s second-biggest law hub behind London, with the sector worth around £300 million pounds a year.
Major legal services firms including DLA Piper, Squire Patton Boggs, Addleshaw Goddard, Eversheds, Pinsent Mason and Walker Morris have substantial presences in the city.
As well as a strength in middle and back office operations and support services, Leeds law firms offer the same range of services as London-based firms, at considerably lower fees, conducting legal work for UK and global clients.