The MedTech sector is slowly gathering steam again in the UK’s post-pandemic economy, and manufacturing is now being scaled up. For 2024 so far, the total number of vacancies has risen overall (both in scientific and non-scientific positions across MedTech).
The accountancy job market in the UK has seen notable changes, with an overall drop in the number of vacancies nationwide. A closer look reveals that 59% of roles are based outside London, but these regions have experienced an 8.6% decline in vacancies.
Recent political and economic developments in the UK have shaped the landscape for professional vacancies in 2024. Following the recent election, renewed government policies have focused on boosting key industries such as technology, financial services, and green energy.
The UK biotechnology sector is undergoing significant change as 2024 ends, driven by increased corporate venture capital and private equity funding. This financial boost has spurred activity, with investments in startups and scaling initiatives creating new jobs despite lingering post-COVID challenges.
The UK job market for Risk and Compliance roles is undergoing a significant transformation, with the fintech sector leading the charge. Risk and compliance vacancies within the banks are projected to experience a 17% drop in 2024 as banks focus on stabilisation in response to shifting market conditions.
The Midlands’ job market in 2024 mirrors the broader economic challenges facing the UK. Sluggish GDP growth and persistent inflation are influencing employment trends. While investment in infrastructure projects like HS2 supports Real Estate & Construction, Brexit and global market instability continue to impact export-focused sectors.
