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Fintech Growth and Rising AI Investment Drive Transformation in UK Hiring for Internal Audit

UK internal audit vacancies surged 70% in January 2025Internal Audit remains a critical function making up 13% of all accounting vacanciesSouth has emerged as a key growth area, with a 92% surge in vacancies

UK Finance sector sees seasonal hiring rebound, outlook clouded by U.S. tariffs and global Uncertainty

Key stats from Morgan McKinley’s 2024 London Employment Monitor:

Michael Moretti Joins Morgan McKinley to drive technology growth amid rising market demand

Global professional services firm announces a lead appointment in the technology division.

AI and investment trends reshape the financial job market

Morgan McKinley and Vacancysoft Report Highlights Key UK Finance Sector Trends for 2025

Cautious Optimism for 2025: Resilient wages and GDP growth offers hope amid financial strains

Key stats from Morgan McKinley’s 2024 London Employment Monitor:

London Dominates UK Financial Services Accountancy Vacancies Despite Predicted Decline

London retains 51% of UK financial services accountancy vacancies but faces a projected 12% year-on-year decline in 2024 The South shows growth in financial services vacancies, up 16%, while the North and Scotland are set to decline by 22% and 32%, respectively The media sector in Commerce & Industry is set to grow by 31%, while the retail sector faces a 17% drop 

Fintech Growth reshapes Risk and Compliance Hiring Landscape

Fintech Risk & Compliance vacancies are projected to rise by 28% Fintech compliance roles to grow 56% in 2024 Greater London set for 72% vacancy growth, leading the UK in 2024 City stands out with the substantial growth in vacancies by 46% 

London’s Commerce & Industry Vacancies outpaces UK Regions with 14%, surge in job openings

4% rise in total vacancies across the UK, reaching 237,187 vacancies London projected to see a 14% growth in finance vacancies Technology sector is expected to experience a 13% YoY increase EG Group stands out with significant surge in vacancies by 137% 

London Set to Reclaim 48% Share of Banking Vacancies in 2024, Boosting Recruitment

8% decline in the number of vacancies in the banking sector across the UK across 2024 Risk & compliance remains dominant in banking recruitment, despite a 20% drop in jobs Greater London set to reclaim 48% share of banking vacancies. Goldman Sachs leads recruitment with 89% vacancy increase in 2024