Financial & Related Services Sector Skills Profile 2017

Essex Finance Sector

The Financial & Related Services sector in Essex is made up of more than 2,500 businesses who employ more than 27,000 people. Nationallly and locally the sector is facing a number of skills challenges and shortages.

Traditionally London is the centre of finance, and this is still true; but extending eastwards from the City of London along key transport routes, the London-Essex UK Finance Corridor is an intrinsic extension of London’s world-leading Financial and Professional Services cluster. The Corridor includes the main Essex financial and professional services centres of Brentwood, Chelmsford, Colchester, Basildon and Southend-on-Sea.

Did you know...City A.M report found that there is now an estimated 157,500 people working in the finance sector in the East of England; that is an increase of 7,900 people; the third highest increase seen by a region of the UK outside of London.

Find out more about the make up of the sector, the skills that are in demand as well as how the sector in Essex compares with other regions of the country by downloading our 2017 sector skills profile.