Financial services recruiter BrightPool found that 49% of respondents in London would move to Manchester and 45% would choose the UK's second largest city Birmingham. Meanwhile 39% would look at Edinburgh or Bristol.

Angela Hickmore, managing director at BrightPool, said: "The retail banking sector in many of the UK's larger regional cities has witnessed significant growth over the past few years. This is in part due to new entrants in the marketplace setting up head offices outside London, as well as existing banks responding to the current economic environment by moving more of their functions to regional offices."