Archive · 12 Aug 2026

London Could Lose 90,000 White-Collar Jobs by 2031

London Could Lose 90,000 White-Collar Jobs by 2031

Some people who work in banks, law offices and accounting firms may move from London to other cities in the UK.

A company that helps people find jobs thinks up to 90,000 of these workers could move by the year 2031.

That sounds like a lot, but it is only a small part of everyone who works in London.

These workers could make other cities stronger by bringing new jobs and spending money there.

The cities expected to gain the most are Manchester, Birmingham and Leeds.

Companies might move because London is very expensive and there are not enough offices.

Many people now work from home part of the time, which makes it easier to have teams in different places.

The bosses will probably stay in London while other workers spread out.

This change would happen slowly, not all at once.

If it happens, cities outside London could become richer and busier.

Sources