City AM: Busy claims year drives demand for risk professionals in London insurance market
High demand for risk professionals in insurance due to rising business interruption claims. London experiencing a significant surge in job opportunities.
High demand for risk professionals in insurance due to rising business interruption claims. London experiencing a significant surge in job opportunities.
After the technical recession in 2023, which led to vacancies dropping in the region compared to 2022, we have seen a bounce back in Q1 so far, culminating in an uplift of 7.6% which compares favorably to the national figures (+5.4%.) As a result, the region now accounts for 6.7% of the national total in terms of vacancies, up from 5.8% in 2022.
Post-pandemic economy shifting from London: HQ function vacancies down to 41.2% from 47.8% in 2019.
Job vacancies in 2023 fall by 23.7% compared to 2022, according to the latest UK Labour Market Trends report by leading professional body APSCo and labour market data analysts Vacancysoft.
The Spring Budget’s batch of changes to taxation has resulted in law firms posting more vacancies for tax lawyers in February, than any other month over the last two years.