Finance jobs on the rise as employers look beyond London

Large cities across the UK are set to benefit as the financial jobs boom currently being enjoyed in London spreads outwards.

Over the past few years, the number of accounting, banking and auditing jobs being created and filled in the City of London and the Canary Wharf district of the capital has been steadily rising, at times in marked contrast to the situation in the rest of the country.

Now, however, the latest figures suggest that it's not just jobseekers in London (or, indeed, those willing to relocate to the capital) who are benefitting from an upturn in new opportunities.

Indeed, according to a new report from the Association of Professional Staffing Companies (Apsco), the number of permanent opportunities within the different finance professions was up by six per cent in October when compared to the same month of 2014.

North enjoying accountancy and banking jobs boom

Moreover, finance and accountancy roles have grown by 16 per cent over the same period, with most of this growth being driven by new jobs springing up in cities such as Manchester, Leeds and, above all, Liverpool.

Releasing the findings, Apsco chief executive Ann Swain said: "The fact that banking roles are increasing outside of the capital is in line with what many of our members are telling us, as financial services companies increasingly look to establish business in regions across the UK.

"Vacancies within finance and accounting are particularly high as financial institutions bring on board niche skill-sets on a project basis to manage change."

At the same time, long-term professionals are also being brought in to oversee the transition away from London, again creating well-paid jobs in regional cities and providing a major boost to local economies.

Among the biggest employers to have followed the likes of the BBC outside of London over the past few years include HSBC, which has been busy creating hundreds of new jobs in the north of England over recent months.
 
 

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