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Consulting sector to create 10,000 UK jobs by 2026

By
John Martin
Published
January 11, 2023

According to a new report, there will be 10,000 new jobs created over the next three years in the management consulting industry.

The report was put together by the Management Consultancies Association (MCA), the representative body for management consultancy firms in the UK.

It shows there was a 10% increase in new roles in the industry over the last year, part of a sustained trend across consultancies to recruit more people during an extremely busy time for the industry. Businesses are increasingly turning to consultants to help deal with the effects of the recession, the impacts of Brexit, the pandemic, supply chain disruption and digital transformation.

Chief executive of the MCA Tamzen Isacsson, said: “The UK has one of the leading management consultancy centres in the world and the strong demand globally and in the UK for our services from clients means firms are recruiting intensively to meet demand. This is positive news for our sector and provides huge opportunities for talented individuals from across the UK regardless of their background or location.”

More than half of the new roles will be based outside London in cities including Manchester, Glasgow, Edinburgh and Birmingham.

As you might expect, large companies in the industry will be responsible for most of the vacancies including EY who are looking to hire more than 5,000 consultants and Deloitte which is forecasting around 1,500 new roles for the current financial year. However small and medium sized MCA member firms are also collectively planning to take on 1,300 more people in 2023 and 3,000 in 2024.