City statistics briefing
The City Statistics briefing looks at the City of London's role as a global business hub for financial and related professional services. It provides facts and figures about employment and firms located within the City, as well as highlighting some recent changes to the City as a workplace.
Financial and professional services produced £323bn in economic output, contributed nearly £110bn in taxes, exported £186bn and generated £1.6bn in FDI for the UK economy.
Source: ONS, City of London / PwC, TheCityUK, fDi Markets
The City is a key driver of the economy, generating £109bn in economic output annually. The City accounts for one in every five financial services jobs in GB. The City also contributes to the wider economy, generating £1.3bn in business rates.
Source: ONS, Ministry of Housing, Communities & Local Government.
There are 676,000 workers in the City of London, or 1 in every 48 GB workers. City jobs have grown over 25% since pre-pandemic 2019 to 2024, with nearly 134,000 more jobs than in 2019.
Source: ONS
Home to one of the youngest, most highly skilled and international workforces across the country.
Source: ONS