London may be calling, however regardless of the wealthy seam of alternatives to mine on this capital of each England and the UK, it’s not a very simple time to carve out a profession right here. With an extended historical past as one of many world’s high monetary capitals, it is a expensive place to dwell.Town tied for seventeenth place with Helsinki, a notoriously costly location, within the Economist Intelligence Unit’s (EIU) Worldwide Price of Dwelling index in 2021.

The index is compiled by evaluating costs in US {dollars} for items and companies in 173 international cities. Whereas this is only one indication that London is a dear place to dwell and work, there are many others.

A 2019 survey from SpareRoom discovered that 33% of individuals aged 20 to 30 dwelling within the metropolis didn’t have entry to a lounge. Rental prices are rocketing, says property web site Rightmove: in July this yr, common month-to-month hire in London reached an all-time excessive of £2,257, or 11.8% increased than final yr.

Then there’s inflation and the price of items and companies to cope with. The Office of National Statistics (ONS) means that web-scraped grocery store knowledge for 30 on a regular basis grocery gadgets signifies that the lowest-priced gadgets have gone up by 17% within the 12 months to September 2022.

Whereas London has lengthy been hailed as a mecca for expertise, due to the sheer scale of alternatives on supply plus its unrivalled entry to tradition and nightlife, different components past the worth of milk, bread, and hire at the moment are clamouring for consideration. Brexit, specifically, has diminished the scale of the chance right here with about 44% of UK-based monetary companies companies shifting or planning to maneuver a few of their operations or workers to the EU, according to EY.

Rising layoffs amongst tech firms, political uncertainty — the UK is on its fifth prime minister in simply six years — and a looming recession will not be serving to both. The ONS reported that Britain’s financial system shrank within the three months to September, ushering in what is predicted to be the start of a recession.

However regardless of all that, there are nonetheless loads of alternatives. The important thing for staff is to concentrate on areas of steady development, and careers inside these sectors. Listed here are three sectors with excessive development potential for 2023.


Following on from the UK’s preliminary National Cyber Security Strategy 2016 to 2021, the federal government launched the National Cyber Strategy 2022, which units out a five-pillar method to defending and selling the U.Okay.’s pursuits in our on-line world. The plan goals to form its cyber sector in order that it may well keep forward of adversaries, strengthen its talents, and affect and form tomorrow’s applied sciences so they’re protected, safe, and open.

In consequence, the U.Okay. is creating area excellence in cybersecurity with firms akin to BAE Systems, Clearswift, Sophos, and PwC main the sphere. As we transfer in direction of an growing stage of digitization, digital safety turns into more and more necessary to safe our knowledge within the first occasion, and likewise defend it from assault.

Cybersecurity jobs are notably prevalent within the monetary and fintech sectors, however have gotten increasingly more frequent throughout the workforce to safe delicate knowledge in healthcare and training.

This important sector doesn’t appear to be it’s going wherever. When you’re trying to construct your profession additional on this sector, Citi is in search of a Head of Network Security Services in London. You’ll have end-to-end tasks for engineering and operations of community safety companies and can guarantee a service-oriented group that meets the enterprise wants of a digital financial institution.


Gartner reviews that worldwide end-user spending on public cloud companies is forecast to develop 20.4% this yr, with spending anticipated to succeed in practically £489 billion by 2023.

The large increase in cloud adoption was pushed by the pandemic: In April 2020, Microsoft’s CEO Satya Nadella stated, “We’ve seen two years’ value of digital transformation in two months.” That speedy tempo has solely continued as companies first launched distant working and now hybrid and versatile choices.

In consequence, it is a nice space for profession development. A current report from Public First and AWS discovered that digital know-how might develop the UK financial system by over £413 billion by 2030, which is greater than twice the annual output of the UK’s manufacturing sector (£183 billion). The analysis additionally revealed that cloud computing will play an integral position in underpinning the know-how stack that may allow the UK’s digital future.

Fascinating jobs at firms massive and small can be found. Google has a Cloud Security Consultant role in its Google Cloud Skilled Providers division on supply in London, for instance. You’ll present recommendation and steering to clients adopting Google Cloud Platform companies, and work with them to design and develop cloud safety architectures and options.

Synthetic Intelligence (AI)

A current examine from software program analytics firm, SAS, assessed the AI-readiness of London’s boroughs, discovering that Camden, Westminster, and Hackney got here within the high three locations. The examine regarded on the variety of AI-related jobs, R&D spend, GDP, enterprise development, and the variety of related tutorial programs out there inside every space. In 2021, town was residence to 1,300 AI companies, or 65% of the whole UK AI business ecosystem, with firms together with, iTransition and Sign AI.

The federal government needs to make the UK a “international AI superpower” and goals to do this with its 10-year National AI Strategy, which can place a wider concentrate on AI and knowledge science expertise, recognizing how these can be utilized to extend resilience, productiveness, development, and innovation throughout each the non-public and public sectors.

When you’re in search of an AI or machine studying position in London proper now, you’re in luck as any variety of firms are hiring. For instance, take a look at Amazon EU SARL which is in search of a Machine Learning Scientist. You’ll be constructing state-of-the-art machine studying programs for probably the most advanced, and quickest rising transportation community on the planet and concentrate on the event and analysis of machine studying options and algorithms for core planning programs.

For a whole bunch of jobs in AI, cloud and cybersecurity all throughout Europe, take a look at the House of Talent Job Board

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