Hampshire is one of the largest contributors of overall £s of economic output that is generated by the financial and business services sector in the South East of England.
Hampshire has significant strengths in insurance, which in employment terms represents 24% of the South East's insurance industry, the largest in Europe. Business and management consultancy, legal professions and accounting and tax professions are also fast growing sub-sectors and account for 15%, 21% and 15% of employment in this sector in the South East respectively.
19 FTSE 100 companies have headquarters, major corporate centres or back office operations in Hampshire, including:
The north of Hampshire, has a high concentration of employment in the financial sector with:
To the south of the county, Old Mutual Wealth in Southampton is the UK headquarters of the Swedish financial services company. Swiss owned Zurich Financial Services Group also has its headquarters in Solent Business Park.
Ageas, Aviva, HSBC, Ordnance Survey, Deloitte, Ernst & Young and Grant Thornton are also located in Southampton and Handelsbanken, The Southern Co-operative, Capita, Babcock and Pall Europe are located in Portsmouth.
There are 55,600 employed in the financial and business services sector in Hampshire, with financial services alone employing 25,000 people, and 30,600 people employed in associated professional services.
The University of Southampton
, a member of the prestigious Russell Group of research intensive UK Universities, has an international reputation for world leading research, which is often used by businesses.