The latest UK finance labour market trends report, compiled by Morgan McKinley, showed that tax jobs in London saw over 1,400 new professional vacancies across all sectors in 2022.

In total, this constituted over half (50.7%) of overall hiring for tax experts in the past year, with firms like EY leading the recruiting race.

However, when compared to 2021, recruitment trends for tax jobs in London plummeted by 13.8% - when more than 16,000 tax vacancies were registered.

Annual totals outside of London reached over 1,300 new jobs last year, showing a further 14.3% year-on-year fall when compared to 2021.