South West – UK Regional Labour Market Trends, April 2025
Professional job vacancies in the South West rose in early 2025, driven by infrastructure investment and the Western Gateway initiative.
Professional job vacancies in the South West rose in early 2025, driven by infrastructure investment and the Western Gateway initiative.
Fintech hiring is surging in 2025, with job vacancies expected to rise by up to 50% despite a slowdown in venture funding. Growth is driven by expanding commercial teams and increased demand for risk and compliance roles amid stricter FCA regulations.
Britain’s fiscal policies in late 2024 reshaped regional labour markets, with sectors like real estate, property, and digital expanding, while IT and engineering saw declines. Regional disparities widened, with London thriving, while areas like the North West faced hiring challenges, particularly in the financial sector.
Employment law hiring saw sharp contrasts in 2024, with leading firms significantly expanding recruitment to meet rising demand, while others scaled back amid declining legal aid and fewer trade union disputes.
Since Brexit, around 10% of UK banking assets and 40,000 jobs have shifted to EU hubs like Paris, Dublin, and Warsaw, as the EU excluded financial services from the trade deal to maximise economic pressure.