Quarterly Overview – UK Real Estate Labour Market Trends, April 2025
The UK real estate sector is stabilising, with falling inflation, steady interest rates, and rising vacancies.
The UK real estate sector is stabilising, with falling inflation, steady interest rates, and rising vacancies.
Professional job vacancies in the South West rose in early 2025, driven by infrastructure investment and the Western Gateway initiative.
Amid political transition and economic recovery, 2024 proved largely positive for the UK legal sector, with vacancies rising 14.2% across England and Wales. A post-election surge in M&A activity, especially large-cap buyouts, drove demand for legal professionals, aided by falling interest rates.
AI adoption into insurance is accelerating as businesses optimise processes to improve outcomes while streamlining headcounts, with claims in particular being impacted. As a result, despite a year where the sector saw record profits, vacancies have fallen by 11.7% in 2024 compared to the year before.
The general election’s immediate impact has, unsurprisingly, led to record recruitment, particularly in July. Moreover, Labour’s focus on employment law reforms has driven a surge in demand for employment lawyers, with August also seeing record levels of legal recruitment.