
Direct Line in 2023 leads the way
Direct Line is a company we are recommending keeping an eye on in 2024, after they recorded a 71% increase in vacancies from 2023 compared to 2022.
Direct Line is a company we are recommending keeping an eye on in 2024, after they recorded a 71% increase in vacancies from 2023 compared to 2022.
It’s official. The green shoots of recovery in the technology industry are emerging. This past week vacancies hit levels only seen previously a handful of times in the past year. After a challenging 2023, where VC/PE funding became significantly harder to obtain (TMT deals fell 24% on the year before, to the lowest levels in five years) looking ahead, the signs are positive and London in particular is picking the pace.
Looking ahead we are forecasting a fast start to the year, with Q1 projected to be the busiest business quarter of the year in terms of new vacancies.
2023 has seen a significant drop in accounting vacancies across financial services and commerce & industry. March marked the year’s peak in financial services with 532 vacancies, a 31% decrease from 2022, and the only increase was a 12% rise in November, according to the latest UK Finance Labour Market Trends report by Morgan McKinley and market data analysts Vacancysoft.
Despite a 39% decrease in recruitment patterns in London in 2023 compared to the previous year, the city maintains a pivotal position in professional opportunities, expected to contribute 34% of the UK’s vacancies, emphasizing its crucial role in the national job market. This is according to the latest UK National Labour Market Trends report by APSCo and labour market data analysts Vacancysoft.