City AM: UK firms move more head office roles outside London amid soaring costs
UK companies are increasingly moving head office jobs outside of London, according to new data, amid rising living and housing costs in the capital.
CIR: Recruitment surges in claims
There was a 5 % rise in insurance claims vacancies nationally compared with 2022, with recruitment volumes in 2024 remaining stable thus far. While claims handling remains the dominant skill, constituting 59% of the total, it recorded a decline, falling to 46%.
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 by 41%, while remote work opportunities have doubled.
Tax – UK Legal Labour Market Trends, March 2024
February saw Law firms post more vacancies for tax lawyers nationally than any other month over the prior two years. Furthermore, we expect a surge of 32.5% by the end of 2024. Factoring the regionalization happening within the sector, where the regions retain 80.5% of the national share, there has also been a noticeable shift in 2024 to date, with hiring in London on the rise.
North West England – UK Regional Labour Market Trends, March 2024
After enduring a challenging six months, which ultimately led to the UK entering a technical recession, signs of recovery are finally beginning to emerge. The North West region has managed to increase its share of the national total from 7.5% in 2022 to 8.5% in 2023. Turning to the current year, we observe an uptick in the northwest’s monthly average, increasing by 5.3% compared to 2023, which bodes well for regional recruiters.
