/Demand for Accounting Talent outside London continues to increase

Demand for Accounting Talent outside London continues to increase

Top accounting talent is very much in demand, say specialist recruiter, Global Accounting Network.

Their research shows that career opportunities for qualified accounting professionals increased by 27% over the past 12 months, for vacancies outside the UK capital.

Separate data released by the Association of Professional Staffing Companies (APSCo) also showed a 19% year on year increase in vacancies for finance professionals in the south of England.

This regional rise in finance roles within commerce and industry is also in line with the UK’s Industrial Strategy to ‘rebalance the UK’ by investing infrastructure to offer better connectivity across the South East, the Oxford-Cambridge corridor and the Northern and Midlands ‘Powerhouses’.

Adrian O’Connor, Founding Director at Global Accounting Network said:

“News of Channel 4’s intention to move 300 of its 800 staff to new national HQ and two smaller broadcasting hubs outside of the capital is a high profile-example of a widespread trend for regionalisation. HSBC has now relocated its headquarters for UK retail and commercial from London to Birmingham, while AstraZeneca moved its global HQ to Cambridge last year. Organisations are clearly re-evaluating where they need to be geographically, and many are looking outside of London to take advantage of lower overheads while tapping into fresh talent pools.

“While the majority of companies choose to retain a presence in the capital, many back office functions, including accounting teams, are moving further afield. This is great news for finance professionals, who are seeing greater scope to step into a high-quality, senior role closer to home – without compromising on the career opportunities and benefits that typically come with working for a large high-profile employer.”

Senior Editor Lisa Baker is the owner of Need to See it Publishing Group, providing contract news for business and news sites across the UK.