As UK fintech vacancies reach all-time highs, what demand is there for IT specialists? Which regions are leading in recruitment, and which firms have increased their hiring levels of these professionals? Read our new report to find out.
Written in partnership with Robert Walters, this report delves deeper into hiring levels of IT professionals in the fintech industry in England and Wales. It first analyses the annual and monthly totals trends, breaks down vacancies by UK region, compares the IT and Non-IT vacancies within fintech, and observes the hiring activity of top firms.
Download the report to discover more insights and trends in IT recruitment!
Year in Review: UK Tech Labour Market Trends, February 2024
The deceleration of tech-centric sectors in London during 2023 mirrors the broader downturn experienced across the UK, with IT vacancies plummeting by 50.5% in the capital compared to 36.3% regionally. Hence the fact that demand for IT professionals has fallen 42.8% compared to the peaks seen in 2022, is a temporary blip.
Year in Review: UK Legal Labour Market Trends, January 2024
At a time when the sector has been depressed by the cyclical downturn due to quantitative tightening, this has led to a drop of 34.8% in London and 19.4% regionally. Within law firms, real estate remains the top skill in demand, although its market share has slipped from 22% in 2022 to 18% in 2023. This is partly due to a hefty 37% fall in vacancies in this area in 2023 as the commercial property sector has slowed down.
Year in Review: UK Finance Labour Market Trends, January 2024
The cyclical nature of Financial Services has meant that as interest rates rose, and the economy appeared on the edge of recession, recruitment slowed down significantly. All this has led to professional vacancies falling in 2023, with a 34% year-on-year decrease from 2022.
