As the dust settles on the decision to cancel HS2, while the political fallout may prove high across the regions, the economic consequences are still unclear. By the same token, what is clear is the fact that over the past five years, the trend of regionalisation has taken effect and increasingly, businesses are expanding teams away from the capital. In 2023 this trend has seen a high point, in the sense that 64% of all vacancies in the private sector can now be found outside the capital, up from 56% pre-pandemic.
BBC News published a story using Vacancysoft and BCL Legal data on how vacancies for London-based associates rose 131% year-on-year last year. Read the full article here.
City A.M. published a story using Vacancysoft and BCL Legal data on how London-based law firms have been struggling to fill job vacancies during the pandemic. Read the full article here.