Bloomberg: London Is Losing Out on New Job Listings for Head Office Staff

UK businesses are relocating jobs outside of London due to rising living and housing costs. London-based executive management, HR, and marketing roles have decreased to 41%, while remote work opportunities have doubled.

James Chaplin, CEO of Vacancysoft, said:

“For policy makers looking to stimulate the London economy, these findings should cause concern. The trend to regionalization is undeniable. Occupancy ratios remain below pre-pandemic levels. Meanwhile Manchester increasingly is positioning itself as the capital of the North.”

Is London struggling to maintain its status as the go-to place to live and work?

Read the full article in Bloomberg.

The labour market data used in this press coverage was extracted from Vacancysoft Analytics. For more information or to book an interactive workshop, click here.

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