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London streets paved with gold for IT workers?
It's outpacing the South East on pay...

By Natasha Lomas

Published: Thursday 17 January 2008

Wages for London IT pros are rising faster than their peers in the rest of the South East region.

A survey of more than 4,000 tech staff has found salaries in the capital rose by 4.3 per cent over the last 12 months - outstripping wages in the South East by almost one per cent. Techies there saw their pay packets swell by 3.4 per cent over the same period.

The average permanent IT salary in the South East is £33,513, according to IT recruitment agency CV Screen which conducted the survey. This compares to £38,577 in London - a 15 per cent higher average wage.

Alex Lawson, London account manager for CV Screen, said the IT jobs market in the capital remains strong and the company is currently experiencing "very high demand for staff".

He added that while many commentators are predicting economic turbulence and a tough year ahead, the early signs show the tech jobs market is holding up well.