I think you're not up to date on the engineering market in London. Google London pays $11k/m (£100k/y) TC to strong new grads these days, and it's not uncommon

I think you're not up to date on the engineering market in London. Google London pays $11k/m (£100k/y) TC to strong new grads these days, and it's not uncommon for exceptional ICs in finance to earn up to £1M/y