Robert Walters

“Prime Minister Andy Burnham's devolution push could drive around 90,000 professional jobs out of London and into regional cities over the next five years.”

“The shift could bring up to £9billion in employer spending into regional economies over the next five years.”

“That figure could climb to as much as £15billion once the wider impact of workers spending money on housing and local services is taken into account.”

“The North West is expected to gain the most from the shift, attracting between 15,000 and 22,500 roles, around a quarter of the total.”

“That could provide an estimated £2.3billion boost to the regional economy.”

“The Midlands, including Birmingham, is forecast to gain around a fifth of the roles leaving London, equivalent to between 12,000 and 18,000 jobs.”

“Yorkshire could attract a further 15 per cent, or between 9,000 and 13,000 roles.”

“A cluster of other cities, including Bristol, Edinburgh, Glasgow, Cambridge, Newcastle, Liverpool, Reading and Cardiff are set to share the remaining relocations, with between 24,000 and 36,000 roles…”