The table below looks at the prevalence of the term Investment Banking in IT contracts advertised for the North East region. Included is a guide to the average contractor rates offered in IT contracts that have cited Investment Banking over the 3 months to 31 October 2014 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
31 Oct 2014
Same period 2013 Same period 2012
Investment Banking
Rank - 36 -
Contract jobs citing Investment Banking 0 1 0
As % of all contract IT jobs located in the North East - 0.29% -
As % of the General category - 1.27% -
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate £425 £400 £350
% change year-on-year
+6.25% +14.28%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £14.00 £15.86
% change year-on-year
- -11.72%
Investment Banking
England

The following table is for comparison with the above and provides statistics for the entire General category in contract jobs advertised in the North East region.

General Category
North East
Contract IT job ads with a match in the
General category
123 79 122
As % of all contract IT jobs located in the North East 15.67% 22.77% 26.12%
Number of daily rates quoted 80 27 44
Average daily rate £358 £400 £295
Average daily rate % change year-on-year
-10.48% +35.59%
90% offered a daily rate of more than £230 £315 £200
10% offered a daily rate of more than £498 £500 £538
UK excluding London average daily rate £400 £378 £375
% change year-on-year
+5.96% +0.66%
Number of hourly rates quoted 1 6 9
Average hourly rate £20.00 £10.00 £11.50
Average hourly rate % change year-on-year
+100.00% -13.04%
UK excluding London average hourly rate £25.00 £21.00 £26.00
% change year-on-year
+19.04% -19.23%

Investment Banking
Jobs Demand Trend in the North East

This chart provides a 3-month moving total of IT contractor jobs citing Investment Banking across the North East region as a proportion of the total demand within the General category.

Investment Banking Jobs Demand Trend in the North East

Investment Banking
Daily Rate Trend in the North East

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Investment Banking across the North East region.

Investment Banking Daily Rate Trend in the North East

Investment Banking
Contract Job Locations in the North East

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Investment Banking within the North East region over the 3 months to 31 October 2014. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Tyne and Wear - - - -
Investment Banking
England