The government may need to focus on creating new human resources jobs in the north after new research showed the north-south divide is widening further.
PwC revealed that very modest growth in the UK will make the difference between employment prospects and finance in the north and south of the country differ even more in months to come.
It cited figures showing unemployment standing at eight per cent in the second quarter of this year, a rise of 2.8 per cent from the end of 2007.
Speaking about the findings, John Hawksworth, chief economist at PwC, said that the south is seeing lower amounts of financial stress than the north.
"Uncertainty about money leads people to stop spending, reducing overall demand and growth. In general, the regions of the south-east and the east of England fare better on the index compared to those of the north, the midlands and devolved territories," he added.
Richard Kauntze – the chief executive of British Council for Offices – said earlier this week that Mayfair in London is one of the leading places in the world to have an office.
