Banking Contract Job Trends in the East of England

Banking
England > East of England

The table below looks at the prevalence of the term Banking in contract job vacancies in the East of England. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Banking over the 6 months leading up to 8 September 2026, comparing them to the same period in the previous two years.

6 months to
8 Sep 2026
Same period 2025 Same period 2024
Rank 78 91 81
Rank change year-on-year +13 -10 +6
Contract jobs citing Banking 39 3 13
As % of all contract jobs in the East of England 1.73% 0.23% 0.87%
As % of the General category 3.45% 0.40% 1.53%
Number of daily rates quoted 33 1 6
10th Percentile £402 - £488
25th Percentile £505 - £513
Median daily rate (50th Percentile) £560 £700 £600
Median % change year-on-year -20.00% +16.67% +7.14%
75th Percentile £600 - £650
90th Percentile - - £713
England median daily rate £550 £550 £625
% change year-on-year - -12.00% -

All General Skills
East of England

Banking falls under the General Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring general skills in the East of England.

Contract vacancies with a requirement for general skills 1,131 755 847
As % of all contract IT jobs advertised in the East of England 50.11% 59.08% 56.50%
Number of daily rates quoted 454 301 274
10th Percentile £190 £185 £207
25th Percentile £325 £350 £327
Median daily rate (50th Percentile) £500 £500 £450
Median % change year-on-year - +11.11% -10.00%
75th Percentile £588 £600 £550
90th Percentile £650 £688 £650
England median daily rate £525 £500 £538
% change year-on-year +5.00% -6.98% -2.27%
Number of hourly rates quoted 340 212 294
10th Percentile £14.00 £14.38 £15.00
25th Percentile £15.25 £16.00 £15.62
Median hourly rate £27.96 £30.00 £38.12
Median % change year-on-year -6.80% -21.30% +115.12%
75th Percentile £67.60 £65.00 £51.91
90th Percentile £80.00 £75.00 £65.00
England median hourly rate £31.50 £25.15 £39.68
% change year-on-year +25.25% -36.62% +44.29%

Banking
Job Vacancy Trend in the East of England

Historical trend showing the proportion of contract IT job postings citing Banking relative to all contract IT jobs advertised in the East of England.

Banking job vacancy trend in the East of England

Banking
Daily Rate Trend in the East of England

Contractor daily rate distribution trend for jobs in the East of England citing Banking.

Contractor daily rate distribution trend for jobs in the East of England citing Banking

Banking
Daily Rate Histogram in the East of England

Daily rate distribution for jobs citing Banking in the East of England over the 6 months to 8 September 2026.

Daily rate histogram for Banking in the East of England

Banking
Hourly Rate Trend in the East of England

Contractor hourly rate distribution trend for jobs in the East of England citing Banking.

Contractor hourly rate distribution trend for jobs in the East of England citing Banking

Banking
Contract Job Locations in the East of England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the East of England region over the 6 months to 8 September 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
Essex +5 27 £580 -17.14% 2
Hertfordshire -13 4 - - 13
Cambridgeshire - 4 £375 - 6
Bedfordshire - 2 £555 - 1
Norfolk - 2 £600 - 2
Banking
England

Banking
Co-Occurring Skills & Capabilities in the East of England 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:

Business Applications
1 1 (2.56%) Postilion
Cloud Services
1 22 (56.41%) GCP
2 11 (28.21%) AWS
3 9 (23.08%) Azure
4 4 (10.26%) GitHub
5 2 (5.13%) GitHub Actions
5 2 (5.13%) Google Kubernetes Engine
6 1 (2.56%) Amazon ECS
6 1 (2.56%) Amazon EKS
6 1 (2.56%) OpenShift
6 1 (2.56%) Power Platform
6 1 (2.56%) SaaS
6 1 (2.56%) Snowflake
Communications & Networking
1 12 (30.77%) VPN
2 10 (25.64%) Firewall
3 1 (2.56%) ATM
Database & Business Intelligence
1 9 (23.08%) Relational Database
2 2 (5.13%) Metadata
3 1 (2.56%) Power BI
Development Applications
1 3 (7.69%) Git
2 2 (5.13%) IntelliJ
2 2 (5.13%) JUnit
2 2 (5.13%) SonarQube
General
1 34 (87.18%) Finance
2 14 (35.90%) Manufacturing
3 3 (7.69%) Social Skills
4 2 (5.13%) Documentation Skills
4 2 (5.13%) Financial Institution
5 1 (2.56%) Retail
5 1 (2.56%) Retail Banking
5 1 (2.56%) Telecoms
Job Titles
1 22 (56.41%) Developer
2 20 (51.28%) Java Developer
3 15 (38.46%) IAM Developer
3 15 (38.46%) Software Engineer
4 14 (35.90%) Developer/Software Engineer
4 14 (35.90%) Software Developer
5 13 (33.33%) Java Engineer
5 13 (33.33%) Java Software Engineer
6 12 (30.77%) Backend Developer
6 12 (30.77%) Java Software Developer
7 6 (15.38%) Architect
8 5 (12.82%) Cloud Architect
8 5 (12.82%) GCP Developer
9 3 (7.69%) GCP Architect
9 3 (7.69%) Java Architect
9 3 (7.69%) Java Software Architect
9 3 (7.69%) Senior
9 3 (7.69%) Software Architect
10 2 (5.13%) Front-End Developer (Client-Side Developer)
10 2 (5.13%) JavaScript Developer
Libraries, Frameworks & Software Standards
1 8 (20.51%) OAuth
1 8 (20.51%) OpenID
2 2 (5.13%) CSS
2 2 (5.13%) React
2 2 (5.13%) Spring
2 2 (5.13%) Spring Boot
2 2 (5.13%) Terraform
3 1 (2.56%) HTML
3 1 (2.56%) Kafka
Miscellaneous
1 8 (20.51%) Distributed Systems
2 5 (12.82%) Cloud Native
3 3 (7.69%) Mainframe
4 2 (5.13%) Private Cloud
4 2 (5.13%) Security Posture
5 1 (2.56%) EMV
5 1 (2.56%) Management Information System
5 1 (2.56%) Onboarding
5 1 (2.56%) Public Cloud
Processes & Methodologies
1 26 (66.67%) Software Engineering
2 17 (43.59%) Identity Access Management
3 14 (35.90%) CI/CD
4 12 (30.77%) DevOps
5 11 (28.21%) Agile
5 11 (28.21%) Microservices
5 11 (28.21%) TDD
6 10 (25.64%) Identity Management
6 10 (25.64%) Load Balancing
6 10 (25.64%) SDLC
7 9 (23.08%) Problem-Solving
8 8 (20.51%) Customer Experience
8 8 (20.51%) Web Development
9 4 (10.26%) AI
9 4 (10.26%) Architectural Design
9 4 (10.26%) Infrastructure as Code
9 4 (10.26%) Root Cause Analysis
9 4 (10.26%) Technical Leadership
10 3 (7.69%) Stakeholder Management
11 2 (5.13%) Validation
Programming Languages
1 24 (61.54%) Java
2 3 (7.69%) JavaScript
3 1 (2.56%) SQL
Qualifications
1 2 (5.13%) AWS Certification
2 1 (2.56%) ACCA
2 1 (2.56%) CIMA
2 1 (2.56%) DBS Check
Quality Assurance & Compliance
1 3 (7.69%) QA
2 1 (2.56%) ISO 8583
Systems Management
1 8 (20.51%) Single Sign-On
2 2 (5.13%) Ansible
2 2 (5.13%) Argo
2 2 (5.13%) Kubernetes
Vendors
1 4 (10.26%) Google
2 2 (5.13%) AppDynamics
2 2 (5.13%) Checkmarx
2 2 (5.13%) Dynatrace
2 2 (5.13%) Moogsoft
3 1 (2.56%) Databricks
3 1 (2.56%) IBM
3 1 (2.56%) Xero