Off Shoring & North Shoring
London’s economy has pulled away from that of the rest of the UK since the last recession. However, responding to cost of living increases and wage growth, many organisations had long before Brexit started the process of ‘north-shoring’ front line operations. The threat of offshoring jobs remains. However, in a climate of weak growth and cost control, the UK’s regional cities perhaps have more to gain than do Europe’s from any loss to London.