
Does finance pay well in London?
Yes — finance jobs generally pay very well in London, especially compared to most other industries and cities in the UK.
Here’s a breakdown to give you an idea:
💼 Entry-Level (0–2 years)
- Analyst / Graduate roles: £35,000–£55,000
- Big banks (e.g., JP Morgan, Goldman Sachs, Barclays): £50,000+ base, with bonuses that can add another 20–50%
📈 Mid-Level (3–7 years)
- Associate / Senior Analyst: £70,000–£120,000
- Bonuses: Often 30–100% of base salary depending on performance
🏦 Senior Roles (8+ years)
- Vice President / Director: £120,000–£250,000+
- Managing Director or Partner: £250,000–£1 million+, including bonuses and profit shares
💰 Highest Paying Areas
- Investment banking
- Private equity
- Hedge funds
- Asset management
- Fintech firms (especially senior roles in startups or high-growth companies)
⚖️ Cost of Living Note
London is expensive — rent, transport, and daily expenses are much higher than in other UK cities. However, finance salaries usually outpace living costs, especially once you reach mid-level role
Last Update:
October 16, 2025
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