Now it's clear why there are so many financial services technology jobs being created in Belfast: it's very cheap
As we've noted on several previous occasions, there's been a lot of financial services technology hiring happening in Belfast. Citigroup's there. So are the Chicago Mercantile Exchange, Fidessa and First Derivatives.
Today's cost of living survey from consulting firm Mercer helps explain Belfast's popularity: cost.
Belfast is the UK's least expensive City, says Mercer. It ranks 165th, below Birmingham, Aberdeen and Glasgow.
This helps explain why pay in Belfast is comparatively diminutive: project managers based there can expect to earn around £55k. In London they can earn £90k (but will pay for it in extortionate rents).
