Algorithms Contracts in Central London

Algorithms
London > Central London

The table below looks at the prevalence of the term Algorithms in contract job vacancies in Central London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Algorithms over the 6 months leading up to 6 July 2025, comparing them to the same period in the previous two years.

6 months to
6 Jul 2025
Same period 2024 Same period 2023
Rank 104 101 146
Rank change year-on-year -3 +45 +29
Contract jobs citing Algorithms 24 34 30
As % of all contract jobs advertised in Central London 1.19% 1.43% 0.79%
As % of the Miscellaneous category 3.42% 4.50% 2.29%
Number of daily rates quoted 19 26 16
10th Percentile £538 £472 £429
25th Percentile £550 £588 £463
Median daily rate (50th Percentile) £625 £710 £538
Median % change year-on-year -11.97% +32.09% -20.37%
75th Percentile £763 £850 £841
90th Percentile £913 £963 £963
London median daily rate £625 £650 £650
% change year-on-year -3.85% - -10.34%
Number of hourly rates quoted 0 1 0
Median hourly rate - £48.50 -
London median hourly rate £44.50 £55.00 £27.50
% change year-on-year -19.09% +100.00% -38.89%

All Generic Skills
Central London

Algorithms falls under the General and Transferable Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring generic IT skills in Central London.

Contract vacancies with a requirement for generic IT skills 701 755 1,308
As % of all contract IT jobs advertised in Central London 34.86% 31.86% 34.58%
Number of daily rates quoted 464 510 881
10th Percentile £352 £311 £313
25th Percentile £469 £441 £489
Median daily rate (50th Percentile) £600 £565 £613
Median % change year-on-year +6.19% -7.76% +6.52%
75th Percentile £700 £700 £750
90th Percentile £800 £850 £850
London median daily rate £575 £575 £600
% change year-on-year - -4.17% -
Number of hourly rates quoted 11 8 17
10th Percentile £17.08 £12.75 £18.78
25th Percentile £23.52 £15.19 £35.00
Median hourly rate £29.07 £23.40 £39.83
Median % change year-on-year +24.23% -41.25% -14.34%
75th Percentile £50.79 £27.00 £83.75
90th Percentile £88.75 £33.98 £88.30
London median hourly rate £30.00 £27.92 £35.00
% change year-on-year +7.45% -20.23% -13.58%

Algorithms
Job Vacancy Trend in Central London

Job postings citing Algorithms as a proportion of all IT jobs advertised in Central London.

Job vacancy trend for Algorithms in Central London

Algorithms
Contractor Daily Rate Trend in Central London

3-month moving average daily rate quoted in jobs citing Algorithms in Central London.

Daily rate trend for Algorithms in Central London

Algorithms
Daily Rate Histogram in Central London

Daily rate distribution for jobs citing Algorithms in Central London over the 6 months to 6 July 2025.

Daily rate histogram for Algorithms in Central London

Algorithms
Contractor Hourly Rate Trend in Central London

3-month moving average hourly rates quoted in jobs citing Algorithms in Central London.

Hourly rate trend for Algorithms in Central London

Algorithms
Contract Job Locations in Central London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Algorithms within the Central London region over the 6 months to 6 July 2025. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
City of London -7 22 £613 -13.73% 160
Algorithms
London

Algorithms
Co-occurring Skills and Capabilities in Central London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 6 (25.00%) Apache Spark
2 1 (4.17%) Oracle SOA Suite
Cloud Services
1 4 (16.67%) Power Platform
2 2 (8.33%) AWS
2 2 (8.33%) Azure
2 2 (8.33%) GCP
Communications & Networking
1 2 (8.33%) Multicast
2 1 (4.17%) SSL
Database & Business Intelligence
1 4 (16.67%) Apache Hive
1 4 (16.67%) Hadoop
1 4 (16.67%) Power BI
1 4 (16.67%) Tableau
2 1 (4.17%) Big Data
2 1 (4.17%) Data Warehouse
2 1 (4.17%) KDB
2 1 (4.17%) MySQL
2 1 (4.17%) NoSQL
2 1 (4.17%) Relational Database
Development Applications
1 2 (8.33%) Bitbucket Server
1 2 (8.33%) Git
1 2 (8.33%) Jenkins
1 2 (8.33%) JUnit
2 1 (4.17%) MLflow
General
1 12 (50.00%) Analytical Skills
2 10 (41.67%) Social Skills
3 9 (37.50%) Finance
4 6 (25.00%) Financial Institution
5 5 (20.83%) Banking
5 5 (20.83%) Public Sector
6 4 (16.67%) Police
6 4 (16.67%) Presentation Skills
7 3 (12.50%) Front Office
8 2 (8.33%) Telecoms
9 1 (4.17%) Investment Banking
Job Titles
1 7 (29.17%) Developer
2 6 (25.00%) Data Scientist
3 5 (20.83%) Lead
3 5 (20.83%) Senior
4 3 (12.50%) Architect
4 3 (12.50%) C++ Developer
4 3 (12.50%) Security Architect
5 2 (8.33%) C++ Quantitative Developer
5 2 (8.33%) Gen AI Specialist
5 2 (8.33%) Java Developer
5 2 (8.33%) Lead Data Scientist
5 2 (8.33%) Low Latency C++ Developer
5 2 (8.33%) Quantitative Developer
5 2 (8.33%) Senior Architect
5 2 (8.33%) Senior Data Scientist
5 2 (8.33%) Senior Developer
5 2 (8.33%) Senior Security Architect
5 2 (8.33%) Software Engineer
5 2 (8.33%) Technical Leader
6 1 (4.17%) Data Science Developer
Libraries, Frameworks & Software Standards
1 10 (41.67%) TensorFlow
2 6 (25.00%) PySpark
3 5 (20.83%) Pandas
3 5 (20.83%) scikit-learn
4 2 (8.33%) .NET
4 2 (8.33%) FIX Protocol
4 2 (8.33%) REST
5 1 (4.17%) .NET Core
5 1 (4.17%) ASP.NET
5 1 (4.17%) Blazor
5 1 (4.17%) CSS
5 1 (4.17%) HTML
5 1 (4.17%) jQuery
5 1 (4.17%) Kafka
5 1 (4.17%) PyTorch
5 1 (4.17%) SOAP
5 1 (4.17%) Spring
5 1 (4.17%) WCF
5 1 (4.17%) Web Services
Miscellaneous
1 4 (16.67%) Credit Risk
1 4 (16.67%) Data Structures
2 3 (12.50%) Distributed Computing
2 3 (12.50%) TWAP
2 3 (12.50%) VWAP
3 1 (4.17%) Distributed Systems
3 1 (4.17%) Enterprise Software
3 1 (4.17%) Fixed Income
3 1 (4.17%) Foreign Exchange (FX)
3 1 (4.17%) Hedge funds
3 1 (4.17%) Low-Code
3 1 (4.17%) Management Information System
3 1 (4.17%) PKI
Operating Systems
1 4 (16.67%) Linux
2 2 (8.33%) Unix
Processes & Methodologies
1 13 (54.17%) Machine Learning
2 10 (41.67%) Problem-Solving
3 9 (37.50%) Data Science
4 7 (29.17%) Artificial Intelligence
4 7 (29.17%) Computer Science
5 6 (25.00%) Analytical Modelling
5 6 (25.00%) Low Latency
6 5 (20.83%) Actionable Insight
6 5 (20.83%) Generative AI
6 5 (20.83%) LLM
6 5 (20.83%) Mathematics
6 5 (20.83%) Risk Management
6 5 (20.83%) Statistics
7 4 (16.67%) Agile
7 4 (16.67%) Algorithmic Trading
7 4 (16.67%) Analytics
7 4 (16.67%) Business Intelligence
7 4 (16.67%) Cybersecurity
7 4 (16.67%) Software Engineering
7 4 (16.67%) Visualisation
Programming Languages
1 13 (54.17%) Python
2 12 (50.00%) SQL
3 4 (16.67%) C++
3 4 (16.67%) R
4 3 (12.50%) Java
5 2 (8.33%) C#
6 1 (4.17%) C
6 1 (4.17%) JavaScript
Qualifications
1 7 (29.17%) Security Cleared
2 6 (25.00%) Degree
3 5 (20.83%) PhD
4 4 (16.67%) Master's Degree
5 3 (12.50%) CISM
5 3 (12.50%) CISSP
5 3 (12.50%) SC Cleared
6 2 (8.33%) Computer Science Degree
7 1 (4.17%) CREST Certified
7 1 (4.17%) GIAC
7 1 (4.17%) SANS
Quality Assurance & Compliance
1 3 (12.50%) ISO/IEC 27001
1 3 (12.50%) NIST
2 2 (8.33%) California Consumer Privacy Act
2 2 (8.33%) GDPR
3 1 (4.17%) QA
System Software
1 1 (4.17%) Docker
Systems Management
1 1 (4.17%) Kubeflow
Vendors
1 1 (4.17%) ION Trading
1 1 (4.17%) Oracle
1 1 (4.17%) OutSystems