Forces Recruitment Services

Ex-Military Recruitment Specialists

Tel: 01353 645004


News

Image for A New North-South Divide

Nov 4, 2018

A New North-South Divide


Professionals working in Aberdeen, Glasgow and Hull are officially the richest in Britain, while their counterparts in London are the poorest, despite earning the highest average salaries...

The research, conducted by the job board CV-Library, reveals that the average annual salary in London is £38,550, some 14.9% above the national average of £33,490. However, premium costs in the capital drastically outweigh the higher-than-average salaries, meaning Londoners have the least disposable income in the country.

Comparing the same basic living costs against average salaries in 16 of the UK’s key cities, the study shows:

  • Londoners spend 83.1% of their monthly wage on living costs, compared to just 39.4% for professionals in Hull
  • Professionals in London, Aberdeen and Glasgow earn the highest wage, while those in Sheffield, Newcastle and Leicester earn the lowest
  • Hull is the cheapest city to rent in, followed by Glasgow and Aberdeen, while London, Brighton and Bristol are the most expensive

In addition to this, the study explored the average cost of purchasing a one-bed flat in each of these UK cities and reveals the percentage of monthly income that would need to be spent on mortgage repayments:

  • London – 108% of monthly salary
  • Brighton – 61.2% of monthly salary
  • Bristol – 48.9% of monthly salary
  • Newcastle – 45.7% of monthly salary
  • Edinburgh – 45.5% of monthly salary

Wherever your future lies, FRS can help you find the right role. Find out more here.

 

Read more news stories

Contact

FRS HQ

Address:

Forces Recruitment Services
Unit 1H Grovemere House
RAF Witchford Museum
Lancaster Way Business Park

Ely
CB6 3NW

FRS on Twitter


RT @JCPJobsPlusMore: Do you sometimes feel #lonely or isolated but are too proud to ask for help? The @VeteransGateway can put you in touch…

about 13 hours ago from Twitter for Android



Signup For Our Newsletter!

Get resettlement and career change advice from the experts direct to your inbox!