Skip to main content

North East

  • Manchester, Chester, Macclesfield and Stockport are focal points for employment
  • there are 103,648 people employed in the region, accounting for 2% of the UK financial services workforce
  • average earnings are £29,865 per annum
  • it produces 2% of the total sector output
  • there are more females (58,827) in the sector workforce than males (44,822)
  • 15,500 people working in the sector are aged 16-24 years, 69,900 25-44 years, 22,100 45-54 years and 8,200 54 years plus
  • there are significantly more people in financial services in the region working full-time than part-time, plus employed people than self employed – this is representative of the entire sector
  • employers report extensive skills gaps and a lack of applicants for sales and customer service roles
  • it is a growing sector in the region

Source: FSSC LMI report 2009