Resilience Returns to UK Finance Market With 13% More Jobs YoY
Our latest Year in Review report, produced in partnership with Vacancysoft, reveals a 13% year-on-year rise in finance vacancies.
At a Glance: Key Findings
- Market resilience: Vacancies rose by 13% compared to the previous year.
- Fintech hiring: We saw a 29% surge, with growth in software and product.
- The "Tech-First" bank: IT management roles in banking rose by 42%.
- The London factor: Greater London’s share of the market grew to 53%.
- Executive Demand: Accountancy C-level vacancies more than doubled.
Banking: Focus on Operational Resilience
Banking remains the cornerstone of the UK finance sector, accounting for 61% of all vacancies. While the overall sector grew by 8%, the investment was uneven, focused heavily on "future-proofing" the workforce.
Fintech: An Innovation Engine
Fintech remains the most dynamic segment of the market, with a 29% year-on-year increase. The industry is moving from "disruption" to "infrastructure," building out the back-end systems required for global scale.
Accountancy: Strategic and Structural Shifts
Hiring in accountancy rose by 15%, driven by a dual focus on senior leadership and technological integration. IT hiring accounted for 15% of all vacancies. This represents a 40% increase driven by increased digitisation.
Want to learn more? Read the full report at the link below:
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