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Business Development Manager Salary in London, United Kingdom

How much does a Business Development Manager make in London, United Kingdom?

£100,140 (GBP)/year

Average Bonus

£7,801 (GBP)

per Year
Total Compensation

£106,570.91

As of July, 23, 2026, the average business development manager gross salary in London, United Kingdom is £100,140 or an equivalent hourly rate of £48. In addition, business development managers earn an average bonus of £7,801. An entry level business development manager with 1-3 years of experience earns an average salary of £69,173. At the higher end of the pay range, a senior level business development manager with 8+ years of experience earns an average salary of £113,630. Salary estimates are based on salary survey data collected directly from employers in London, United Kingdom.
Data powered by ERI

Salary Potential for a Business Development Manager

Explore the estimated salary growth for a Business Development Manager in London, United Kingdom for up to 5 years. The estimated salary of a Business Development Manager will be £103,322 in 1 year and £117,092 in 5 years.
View Salary by Year
Estimated Salary
£106,605
Average Growth
6.5%
The estimated salary for a Business Development Manager in 2 years is £106,605, which is 6.5% average growth. This information is based on ERI's compensation database.

Typical Business Development Manager Education

This chart displays the highest level of education for Business Development Managers.

  • 0% of Business Development Managers have less than a High School Diploma
  • 8% of Business Development Managers have a High School Diploma
  • 5% of Business Development Managers have an Associate's Degree
  • 46% of Business Development Managers have a Bachelor's Degree
  • 40% of Business Development Managers have a Master's Degree
  • 0% of Business Development Managers have a Doctorate Degree

The typical field of study for a Business Development Manager is Business Administration and Management.

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Popular Skills for a Business Development Manager

Develops plans
87%
Project management
11%
Coordinates activities
7%
Develops methods
6%
Coordinates project
6%
Evaluates research results
5%

These are the most popular skills for Business Development Managers. About 87% of Business Development Managers have a skill in Develops plans. The top 3 most popular skills for Business Development Managers are develops plans, project management, and coordinates activities.

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Cost of Living in London, United Kingdom

The cost of living in London, United Kingdom is 61% higher than the national average.
Cost of living trend higher
61% higher
than the national average
Whether you're planning to move or just want to see the cost of living in different locations, our cost-of-living calculator is the place to start. Compare salaries for other locations by city, U.S. ZIP code, state, or country.
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Frequently Asked Questions

What does a Business Development Manager do?
Manages and aids in the analyzing, planning, research, and development of organization's objectives and strategic plans in order to achieve business opportunities, growth, and financial profitability. Develops plans to achieve growth and financial profitability via acquisitions, mergers, and/or divestitures. Oversees and contributes to the development and research of building on company strengths, identifying potential new markets and business opportunities, increasing share of market, and obtaining a competitive position in the industry.
How much does a Business Development Manager make in London, United Kingdom?
The average salary for a Business Development Manager is £100,140 per year or £48.14 per hour in London, United Kingdom. Top earners have reported making up to £113,630. However, the typical pay range in London, United Kingdom is between £69,173 and £113,630 annually.
What is the salary trajectory for a Business Development Manager?
Business Development Manager is projected to see a 16.9 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer? 
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career. 
What are some factors that impact Business Development Manager salaries? 
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.

About Our Data

This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.

Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.

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