One Year On, JPMorganChase Shares Progress on £40M Investment in the U.K. and Deploys £3.3M to Boost Career Opportunities Across the Country

As JPMorganChase continues to deliver on the £40 million commitment made in May 2024, which aims to help drive inclusive economic growth across the U.K., the firm is sharing progress and investing in new programmes to create career opportunities.

Research shows that the U.K. is one of the least socially mobile countries among developed nations.¹ With more than 22,000 employees in cities across the U.K. – from London to Bournemouth to Glasgow – the firm uses its unique expertise, insights and resources to help drive solutions to address this economic challenge and help grow communities, businesses and the economy. The firm’s latest efforts focus on two work experience commitments:

1. Boosting career readiness: As the U.K. Government aims to deliver two weeks worth of work experience for all young people, the firm is providing an additional £3.3 million to The Careers & Enterprise Company (CEC), the national body for careers education in England, to help connect over 3,700 young people from lower socio-economic backgrounds to high quality work experience opportunities across the U.K.
2. Revamping work experience at JPMorganChase: Aligned with best practices defined by OECD research, the firm has refreshed its work experience programme and expanded into Edinburgh. This new approach will give young people living in underserved areas multiple opportunities to engage in work experience at the firm - providing them with insights into the finance and technology industry.

JPMorganChase announced its new philanthropic investment and upgraded work experience programme during a roundtable discussion in Parliament. The roundtable focused on removing barriers to career opportunities, bringing together the Rt Hon. the Baroness Morgan of Cotes, Chair of The Careers & Enterprise Company; Anna Dunn, CEO of JPMorganChase U.K.; Tim Berry, Global Head of Corporate Responsibility for JPMorganChase; and other employers, policymakers and non-profit organisations. Given the firm’s presence as the largest private sector employer in Bournemouth, and recent investment to enhance career readiness in the South-West region, Bournemouth MPs Jessica Toale and Tom Hayes co-hosted the discussion in Parliament.