The table below looks at the prevalence of the term Wholesale Banking in IT contracts advertised for the South West region. Included is a guide to the average contractor rates offered in IT contracts that have cited Wholesale Banking over the 3 months to 30 January 2015 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
30 Jan 2015
Same period 2014 Same period 2013
Wholesale Banking
Rank - 123 119
Contract jobs citing Wholesale Banking 0 1 4
As % of all contract IT jobs located in the South West - 0.041% 0.16%
As % of the General category - 0.13% 0.43%
Number of daily rates quoted 0 1 3
Average daily rate
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- £350 £390
Average daily rate % change year-on-year
- -10.25%
UK excluding London average daily rate £409 £350 £390
% change year-on-year
+16.78% -10.25%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Wholesale 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 South West region.

General Category
South West
Contract IT job ads with a match in the
General category
1018 796 920
As % of all contract IT jobs located in the South West 31.90% 32.46% 36.98%
Number of daily rates quoted 697 534 615
Average daily rate £425 £396 £370
Average daily rate % change year-on-year
+7.32% +7.02%
90% offered a daily rate of more than £290 £269 £255
10% offered a daily rate of more than £576 £510 £500
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 52 32 48
Average hourly rate £36.50 £30.00 £36.50
Average hourly rate % change year-on-year
+21.66% -17.80%
90% offered a hourly rate of more than £21.68 £12.78 £17.50
10% offered a hourly rate of more than £44.50 £40.00 £42.50
UK excluding London average hourly rate £26.25 £22.00 £25.00
% change year-on-year
+19.31% -12.00%

Wholesale Banking
Jobs Demand Trend in the South West

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

Wholesale Banking Jobs Demand Trend in the South West

Wholesale Banking
Daily Rate Trend in the South West

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Wholesale Banking across the South West region.

Wholesale Banking Daily Rate Trend in the South West