The High Tech Revolution
Next Tuesday sees the launch of our annual magazine, in which we are focusing on the transformation happening in the labour market as a result of technology.
Year in Review: UK Regional Labour Market Trends, January 2024
In a sign of the times, industrial engineering, which encompasses aerospace and defence, has proven to be the top performing industry this past year, up 21% on 2022. At the same time the impact of quantitative tightening on the London market has been felt heavily across both finance and technology. As a result, vacancies in the capital are down 40% on the prior year.
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.
Surge in Tech sector as London picks up speed
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.
Are you ready for 2024?
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.
