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The rise of the regions

21 December 2017

More and more graduates are looking to start their careers outside London, according to the latest stats.

For many debt-ridden graduates the lure of the regions is growing because of the perceived better life-style opportunities outside the capital.

PwC’s chairman, Kevin Ellis, recently admitted there was a trend for regional offices being able to compete for the brightest graduates. He ventured that location is becoming increasingly ‘agnostic’.

Deloitte’s Georgia Greer said it is seeing an increasing number of graduates who want to work outside London.

EY confirmed that the proportion of London placements is on a downward direction. In 2016 the number of graduates joining London offices was 92%. In 2017 that number dropped to 52%. The big story will be if that figures drops below 50% in 2018.

Meanwhile KPMG bucked the trend. It’s head of graduate recruitment, Linda Emery, said demand for London jobs remains high, and they are often filled first.

PwC’s Ellis felt that graduates seemed more aware of the opportunities outside the capital and it was important that top roles existed around the country.

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