TARGET2 Contract Job Trends in Central London

TARGET2
London > Central London

The table below provides summary statistics and contractor rates for jobs advertised in Central London requiring TARGET2 skills. It covers contract job vacancies from the 6 months leading up to 17 February 2026, with comparisons to the same periods in the previous two years.

6 months to
17 Feb 2026
Same period 2025 Same period 2024
Rank 130 - -
Rank change year-on-year - - -
Contract jobs citing TARGET2 1 0 0
As % of all contract jobs in Central London 0.048% - -
As % of the Quality Assurance & Compliance category 0.23% - -
Number of daily rates quoted 1 0 0
10th Percentile - - -
25th Percentile £713 - -
Median daily rate (50th Percentile) £725 - -
75th Percentile £738 - -
90th Percentile - - -
London median daily rate £713 £725 -
% change year-on-year -1.72% - -

All Quality Assurance and Compliance Skills
Central London

TARGET2 falls under the Quality Assurance and Compliance category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring quality assurance or compliance skills in Central London.

Contract vacancies with a requirement for quality assurance or compliance skills 434 330 418
As % of all contract IT jobs advertised in Central London 20.67% 16.11% 16.06%
Number of daily rates quoted 282 184 312
10th Percentile £363 £332 £371
25th Percentile £425 £425 £467
Median daily rate (50th Percentile) £525 £550 £550
Median % change year-on-year -4.55% - -8.33%
75th Percentile £653 £650 £675
90th Percentile £811 £771 £775
London median daily rate £525 £525 £550
% change year-on-year - -4.55% -4.35%
Number of hourly rates quoted 9 4 2
10th Percentile £21.85 £19.04 £25.05
25th Percentile - £20.46 £32.75
Median hourly rate £26.11 £28.75 £46.55
Median % change year-on-year -9.18% -38.24% +111.60%
75th Percentile £27.75 £35.00 £60.64
90th Percentile £30.70 - £68.50
London median hourly rate £26.34 £37.00 £31.50
% change year-on-year -28.81% +17.46% -10.64%

TARGET2
Job Vacancy Trend in Central London

Historical trend showing the proportion of contract IT job postings citing TARGET2 relative to all contract IT jobs advertised in Central London.

TARGET2 job vacancy trend in Central London

TARGET2
Daily Rate Trend in Central London

Contractor daily rate distribution trend for jobs in Central London citing TARGET2.

Contractor daily rate distribution trend for jobs in Central London citing TARGET2

TARGET2
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 TARGET2 within the Central London region over the 6 months to 17 February 2026. 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 - 1 £725 - 1
TARGET2
London

TARGET2
Co-Occurring Skills & Capabilities in Central London by Category

The following tables expand on the one above by listing co-occurrences grouped by category. They cover the same employment type, locality and period, with up to 20 co-occurrences shown in each category:

General
1 1 (100.00%) Banking
1 1 (100.00%) Finance
Job Titles
1 1 (100.00%) Applications Architect
1 1 (100.00%) Architect
1 1 (100.00%) Solutions Architect
Libraries, Frameworks & Software Standards
1 1 (100.00%) .NET
Miscellaneous
1 1 (100.00%) SWIFT Messaging Network
Processes & Methodologies
1 1 (100.00%) Anti-Money Laundering
1 1 (100.00%) API Design
1 1 (100.00%) Microservices
1 1 (100.00%) Migration
1 1 (100.00%) Regulatory Change
1 1 (100.00%) Technical Architecture
Programming Languages
1 1 (100.00%) Java
1 1 (100.00%) JavaScript
1 1 (100.00%) Python
Quality Assurance & Compliance
1 1 (100.00%) ISO 20022
1 1 (100.00%) PSD2
1 1 (100.00%) SEPA