Leeds hosts the highest number of large corporate firms outside of London, according to a new biannual survey analysing the health and location of the UK’s largest companies.
The first HSBC UK Corporate Tracker, which records the location and activity of the UK’s 13,544 large corporates, shows that Leeds hosts 203 large companies, more than any other city or local authority region on the list. Together those companies employ over 400,000 people in the city and their collective turnover is over £72 billion.
The financial services sector makes up the largest proportion of large corporates in Leeds, followed by professional, scientific, and technical companies. Leeds is home to one of the UK’s most substantial financial services clusters, hosting more than 30 national and international banks, over 150 accountancy firms, and a growing cohort of insurance providers.
