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Financial and Business Services

Sector Overview

Business services contributed £13.9 billion to the Hertfordshire economy in 2015, representing 41% of the county’s economic output. Between 2005 and 2015 the sector’s value to the Hertfordshire economy grew by 2.6% per year.

The number of jobs has grown by 4.5% annually since 2009, rising to 193,000 by 2015. Meanwhile the number of firms in the sector grew by 5.3% since 2010, reaching a total of 26,415 in 2016.

There are 12,500 finance, consulting, accounting and legal firms in the county, including 1,200 financial services companies.  

Hertfordshire is an attractive location for global and European headquarters and shared service centres. Its advantages include competitive costs, access to markets, global connectivity and an enviable pool of talent.  

The county’s extensive service sector includes specialisms in HQ operations, shared service centres, business process outsourcing and logistics.

The county is a hub for data centres and payment systems operators, including VocaLink, PayPoint, and Cardtronics. It’s a regional base for Deloitte, KPMG, PwC, Baker Tilly, Mercer & Hole, and BDO; and a major service centre hub for Aon and AECOM.

Hertfordshire is also home to top business schools. Ashridge Executive Education was ranked third in the UK by the Financial Times in 2017 and is home to the UK's leading business university.

Facts & Figures

12,000 Persons employed in Financial and Insurance Activities
1.9% Of employees Financial and Insurance Activities

Careers in Financial & Business Services

Apprenticeships in Financial and Business Services

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Financial and Business Services Learning Opportunities

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'Finance' Job Vacancies

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'Business Services' Job Vacancies

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