Business and Financial Services Business finances services sectors Financial value sector Welsh GDP employment Cardiff workforce globally companies HBOS Lloyds TSB HSBC Zurich GMAC GE Legal & General. The Admiral Group The Principality Building Society Julian Hodge Bank Thomas Carroll FTSE 100 company UK investment equity grants loans
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Home > Key Sectors > Business and Financial Services

Business and Financial Services

Cardiff is an important centre for Financial & Business Services that accounts for over 40% of total value added in the sector and 5% of Welsh GDP. Financial & Business Services employment in Cardiff stood at around 35,000 in 2004, over 18% of the city’s workforce. 
 
The growing reputation of the city’s Financial & Business Services sector is reflected in the fact that Cardiff is home to a large number of globally recognised financial services companies, including HBOS, Lloyds TSB, HSBC, Zurich, GMAC, GE and Legal & General.

In addition home-grown companies such as The Admiral Group, The Principality Building Society, Julian Hodge Bank and Thomas Carroll have expanded dramatically over recent years.

Admiral is now a FTSE 100 company - that began trading in Cardiff with 57 staff in 1993. Today it has a million customers, a turnover of £900m, 3100 employees and a market capitalisation of £2.1 billion. Cardiff had the vision and determination to support Admiral from the start and the company has grown year on year.