International business relocation boosts London

A 20% increase in inquiries from relocation agents has been recorded by Cluttons over the past two months.

It said this indicated increased confidence in the capital among the international business community.

Budgets are also increasing to levels not witnessed for several years.

Up to the first quarter of this year, the majority of relocation agent activity was on behalf of junior or entry-level employees, and while that sector of the market remains strong, there has been a significant increase in inquiries on behalf of senior executives with higher budgets in the region of £1000 per week upwards.

The increase in relocation searches is spread across a broad range of business sectors, including accountancy, law and IT companies, as well as financial services.

Source: The Move Channel