London vs EU Salary?

I'm a German national who will start at a MM in London. I get paid 45k Base + 2.5k Signing + Bonus, while the same Bank in Germany pays c. 70k EUR Base + Bonus. And while due to taxes net income will be quite similar, the COL in London is much higher than frankfurt.

Just wondering about your opinions and if you think that salaries in London will increase significantly?

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