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Evening Standard
Evening Standard
Business
Bloomberg

London is losing out on new job listings for head office staff

UK businesses are moving more traditional head-office jobs outside of London after a surge in the cost of living and housing costs makes it cheaper to employ people elsewhere.

Data on vacancies from the analytics firm Vacancysoft provided to Bloomberg shows London-based postings in executive management, human resources and marketing have dropped to 41% of all open roles. Before the Covid-19 pandemic hit in 2020, London had almost 50% of those jobs.

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