Year in Review – UK Finance Labour Market Trends Report, January 2025
The combination of increased investment in AI, political shifts in the UK and falling interest rates has made 2024 a pivotal year for the finance sector.
The combination of increased investment in AI, political shifts in the UK and falling interest rates has made 2024 a pivotal year for the finance sector.
A new year brings a new government, in both the UK and the USA, with significant policy shifts in both countries.
Trump has spoken. Not only to Putin, but in Munich, to the European community also. For European leaders, the notion that a resolution on Ukraine could be negotiated solely between the United States and Russia—without their involvement—is entirely untenable. This is particularly concerning given that the U.S. has explicitly stated it does not perceive itself as a military guarantor post conflict.
Automation through technology is not a new phenomenon. Every generation can cite its own case study of how jobs have been replaced by people. However, historically, the segments of the workforce most likely to be disrupted, have been the blue collar workers, and office based work, has proven resilient against that change.
The accountancy sector saw a strong rebound in 2024, with vacancies rising 29% to their highest level in five years, accounting for 54% of all openings.