Financial and business services

Scotland is one of Europe's leading financial centres and internationally recognised as the UK's largest outside of London. It's also home to a growing fintech hub. Discover what Scotland can offer to help grow your financial and business services company.

Download Scotland's financial and business services proposition (PDF, 3MB)

10 reasons why

Scotland is the right choice for finance


Step 1

Benefit from our expertise

Over 2,000 financial services businesses benefit from being in Scotland

With over 300 years of expertise in financial services, we know how to help businesses succeed. That’s why Scotland is a key location for the global financial services market. If you choose to establish or expand in Scotland, you’ll be joining a thriving network of businesses.


Step 2

Access to talented people

Over 161,000 employed in financial and professional services and 290,000 active students

Scotland has a well-educated, highly skilled and adaptable workforce. We have some of the most business friendly labour market regulations in Europe. Staff stay loyal, with low attrition rates compared with other global financial centres. Access to high-calibre graduates is unequalled. Scotland’s 19 universities represent the highest concentration in Europe.


Step 3

Low set-up and living costs

Property and salary costs are up to 40% less than London

Scotland offers low set-up business operating costs. A range of government bodies offer financial support. We have great transport links and one of the lowest corporate tax rates in Europe.


Step 4

Strong track record of innovation

Ranked higher than any G8 nation for numbers of academic citations

We’re building on a long history of financial services innovation with our rapidly expanding fintech, cyber security and data science activities. Scotland’s collaboration between universities and businesses helps commercialise research, reducing the costs for you to take advantage of cutting-edge innovation.


Step 5

Thriving community

Over 3,650 professional services firms support financial services in Scotland

Many of the leading legal, accountancy and consultancy firms are here. They work together with Scotland’s specialist professional bodies in their commitment to delivering success of the financial services sector. It’s a well-respected, connected and established community.


Step 6

Inspiring culture, awesome landscapes

Award-winning destination and quality of life

Scotland has spectacular scenery, a vibrant culture and world-famous heritage. It also has a thriving arts scene, all kinds of sports and outdoor pursuits and of course, golf. Quite simply, Scotland offers a fantastic quality of life. And it’s all right on your doorstep.


Step 7

Inclusive and diverse workforce

Over 270 UK firms have signed the Women in Finance Charter

Our focus on the inclusive growth of Scotland’s economy provides a strong foundation and active support for employers to meet their goals. Helping you access the diverse range of skills required for success in a changing financial services workforce. Scotland is well-placed for the workforce of the future.


Step 8

Strategy for future success

Five-year plan supports continued growth in financial services

Our five-year plan for the financial services sector provides a strong set of initiatives to strengthen our industry and help grow the Scottish economy. The plan was written by the industry, for the industry in 2017 and progress is being made. Join our connected community and help drive forward our ambitious strategy.


Step 9

With you every step of the way

We supported 139 inward investment projects, assisting in the creation of 4,425 new jobs in 2016/17

Whether you’re considering further growth in Scotland, outsourcing, launching a new company, or expanding your global footprint, we’ll help you achieve your goals. You can rely on our expertise and knowledge as an extension to your team.


Step 10

Scotland is now

You'll receive the warmest welcome

Whether you are establishing or expanding your financial services business, you'll be among good company. Scotland is supporting businesses like yours, right now. Recent big investors include Barclays, JP Morgan, HSBC and Previse - read on to find out why they chose Scotland. 

What our investors say about Scotland

Jim Tomaney, Renovite Technologies
Renovite Technologies: fintech start-up takes on the impossible
David Brown, co-founder and chief product officer at Previse
Why Previse chose Glasgow to establish its R&D centre
Global banking giant chooses Scotland for its state-of-the-art campus
Calton Hill in Edinburgh
HSBC chooses Scotland for its risk and compliance centre of excellence

Download Scotland's financial and business services proposition (PDF, 3MB)

Financial and business services expertise

If you have any questions or want to talk with one of our advisers, we’re always ready to help.