spacejogger

3% to 5% more expensive every year - that is similar to or less than inflation. Given their dominance, i'm genuinely curious why they don't raise it by 20% a year. Or 50%?

In London.

My sense is that there are plenty of junior level opportunities still out there, although fewer than before.

But senior level positions which pay a decent salary (which i define as £200k+/year in London) are especially hard to find and get nowadays, compared to years prior.

How are UK salaries competitive? Even in London, salaries are, at best, 50% of what they are in Silicon Valley for 'typical' companies. At FAANG companies (e.g.: the Google/FB/etc London offices), they are about 70% of what they are in Silicon Valley. Cost of living is higher in SV, but not that much higher.

That is a great salary for the UK - did you apply for a UK role, or did you apply for a US role working remotely, and thus got a US-level salary? I'm at the executive director level at another bank and get paid only slightly more than that in the UK - looks like I need to start interviewing.