The finance industry contributes a large amount to the UK’s economy. The UK is home to numerous financial hubs which aids economic diversification and investment distribution. There are several reasons to pursue a career in finance in the UK, from the busy city of London to the northern powerhouse of Manchester.
Manchester provides a special combination of lifestyle benefits and opportunities for employment. The city is attractive to both individuals as well as families since it offers above-average pay for accounting positions and a somewhat low cost of living.
Beyond the work environment, Manchester is an appealing option for anybody wishing to make a name for themselves in the financial sector because of its thriving cultural scene and diversified professional community. This appeal has made finance jobs in Manchester highly sought-after, with finance recruitment in Manchester growing steadily.
Manchester's financial success can be attributed to strategic policies and initiatives to diversify the economy across education, finance, real estate, entertainment, sports, textiles, trade, manufacturing, and other sectors, as well as to open the city to both domestic and foreign investors. Consequently, finance recruiters in Manchester have seen increased demand for talent across multiple areas of the finance industry.
Fintech
Manchester has established a solid reputation in the emerging fields of fintech and digital finance. Experts estimate that the fintech sector will increase employment by 10,000 and boost the economy by £1 billion. Fintech companies situated in Manchester benefit from local patronage, official backing, and access to funding from fund managers and major financial institutions. This growing sector has further fuelled finance recruitment agencies in Manchester, who are pivotal in connecting skilled professionals with these opportunities.
Graduate Opportunities
With fewer university-level finance courses on offer in Manchester compared to London, the city's strong job market makes up for this. The increasingly growing reputation as a financial hub means that many students are attracted to the area following university. And with less competition from international candidates compared to London, graduates from around the UK find Manchester an accessible entry point into the job market. As a result, finance jobs in Manchester remain an attractive choice for those seeking roles post-graduation. Many graduates turn to finance recruitment agencies in Manchester to secure their first roles in this competitive industry.
From London to Manchester
Many individuals wanting to start out or advance their finance career are deciding to move elsewhere due to London’s high cost of living. Manchester is a top choice for those looking to relocate, as in recent years the city has greatly invested in building a vibrant hub for technology and aims to foster innovation in finances across Greater Manchester. Manchester holds the second largest city population in the UK after London and boasts a thriving alternative to the capital’s financial sector. This development has driven growth for finance recruitment agencies in Manchester, helping businesses find talent and professionals secure roles.
Why Finance Businesses are Choosing Manchester
It's not just people choosing Manchester; businesses are moving there too. Major regeneration projects and new housebuilding have made the city centre a more attractive place for organisations trying to attract the best talent. A wave of professionals has swept into Manchester thanks to the emergence of build-to-rent properties, further driving demand for financial services.
Manchester has transpired as one of the major forces in the UK economy throughout the last ten or so years. Spinningfields has rapidly developed into a vital centre for all financial activities, including professional services, insurance, banking, and trade. The city boasts excellent transport links and features fast rail links with London, proximity to international airports, and a wide-ranging local network, making Manchester a prime location for national and global business operations. This infrastructure supports the work of finance recruiters in Manchester who connect companies with the talent they need to propel their businesses.
For financial professionals looking for opportunities outside London, Manchester offers the ideal combination of career opportunities, affordable living, and lifestyle. As the finance scene continues to evolve, Manchester consistently exhibits a dedication to technological advancement and innovation, positioning it as a leader in determining the future of the financial industry in the UK. For those seeking finance jobs in Manchester, the city provides a wealth of opportunities facilitated by some of the best finance recruiters in Manchester.