sentences:  In 2011, Manchester's financial and insurance sector was worth £3.22 billion, the 3rd largest in the United Kingdom after London and Edinburgh.The city also had the sixth-largest number of employees employed in the financial and insurance sector in the United Kingdom, with more than 96,300 people employed in banking, finance and insurance, translating to 31.4% of all employees, the 2nd highest rate of all the Core Cities after Bristol.Of all the 10 largest financial centres in the UK, only Manchester and Cardiff have maintained financial sector employment levels, whilst other cities sustained heavy job losses in recent years.