National Guidance Research Forum

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Financial services organisations

There are approximately 9,600 VAT registered financial services firms in the UK, operating more than 34,000 establishments. The majority of firms (97%) are small or medium-sized (SMEs), including nearly 50,000 self-employed individuals. Employment, however, is dominated by a handful of large employers, most notably the high street retail banks.

Sources: FSSC The Skills Bill: Analysis of Skills Needs in UK Financial Services 2007 and ONS UK Business: Activity, Size and Location 2007

For more data on organisations in the sector see:

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