Future Projection of Financial Services Sector

FUTURE PROJECTION OF FINANCIAL SERVICES SECTOR Center for Cities and Cambridge Econometrics' forecasts for the City of London, published June 2015, project employment in the City of London will rise from 396,800 in 2014, to 435,700 by 2025. 435,700 450,000 396,800 350,000 2014 (Projected Employment) 2025 10% Increase of almost 39,000, equivalent to a rise of almost 10% Employment in Greater London is projected to rise by 404,000 Means 1 in every 10 new jobs in the capital will be based in the City. Currently Employment in the Finance and Insurance is 38% of total City employment. And is projected to rise from 149,100 in 2014 to 165,700 in 2025, a rise of 11%. | 15% (165,700) 011% (149,100) 0% 2014 2025 (Employment) Output is forecast to rise by 43% to 2025. i.e. from £26bn in 2014 to over £37bn in 2025. £37 |50% bno43% £26 bno 0% 2014 (Output) 2025 Rise of 60% of the City's total output. 60% Financial and professional service are City's highly productive workforce, and the significant contribution financial services makes to the City, and more widely the UK's economy. Designed & Developed In Public Interest By Eureka Financial source: www.cityoflondon.gov.uk www.eurekafinancial.com