‘Toughest’ cities for finance grads named

17 Apr 23

New research has revealed the worst UK cities for finance graduates.

London Shutterstock 1927107503

London. Image © maziarz/Shutterstock

London still presents a great chance to succeed in finance roles, despite the challenging living costs.

According to research data, Sheffield has the fewest entry-level finance opportunities relative to its population, with 0.15 jobs per 100,000 people. 

By this metric, Liverpool is the second-worst city for your first role with 0.23 jobs for every 100,000 people, and Newport is the third worst for finance graduates with 0.32 entry level finance roles per 100,000 people.

The findings by UK financial services provider CMC Markets was based on careers websites and cost of living data.

According to the data, an average of 4,400 searches are made for finance jobs each month.

Wales did badly in the findings with Swansea and Cardiff taking the fourth and fifth places in the rankings.

Cardiff’s monthly living costs of £1,346.38 for one person was the main factor for its place on the list.

Bradford is eighth on the list, and Carlisle has the ninth fewest entry-level finance jobs per capita, with one job per 100,000 people.

At the other end of the spectrum, among places outside of London, Cambridge ranked top, followed by Oxford, Norwich, Birmingham and Bristol.

The survey concluded: “Finance graduates keen to have the best access to entry-level opportunities and who are willing to move should consider Cambridge, which has even more entry-level finance openings per capita than London, the UK’s finance capital, at 13.54 jobs per 100,000 people.”


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