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 11 January 2026, comparing them to the same period in the previous two years.

6 months to
11 Jan 2026
Same period 2025 Same period 2024
Rank 89 79 90
Rank change year-on-year -10 +11 +39
Contract jobs citing Banking 11 4 15
As % of all contract jobs in the East of England 0.71% 0.37% 0.87%
As % of the General category 1.18% 0.63% 1.44%
Number of daily rates quoted 5 1 10
10th Percentile - - £313
25th Percentile - £725 £334
Median daily rate (50th Percentile) £400 £750 £454
Median % change year-on-year -46.67% +65.29% +13.44%
75th Percentile £525 £775 £531
90th Percentile £630 - £555
England median daily rate £545 £609 £613
% change year-on-year -10.51% -0.57% -5.77%
Number of hourly rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £51.25
Median hourly rate - - £52.50
75th Percentile - - £53.75
90th Percentile - - -
England median hourly rate £25.15 £22.27 £18.93
% change year-on-year +12.93% +17.64% -9.86%

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 936 636 1,041
As % of all contract IT jobs advertised in the East of England 60.35% 58.89% 60.66%
Number of daily rates quoted 359 293 521
10th Percentile £187 £250 £208
25th Percentile £325 £363 £338
Median daily rate (50th Percentile) £492 £500 £488
Median % change year-on-year -1.60% +2.56% -2.50%
75th Percentile £625 £600 £560
90th Percentile £688 £693 £650
England median daily rate £500 £535 £550
% change year-on-year -6.54% -2.73% -
Number of hourly rates quoted 339 103 286
10th Percentile £13.50 - £14.00
25th Percentile £15.90 £15.62 £14.25
Median hourly rate £19.07 £20.50 £17.74
Median % change year-on-year -6.98% +15.59% -11.46%
75th Percentile £50.76 £60.00 £48.94
90th Percentile £70.00 £73.75 £65.00
England median hourly rate £23.33 £30.00 £30.66
% change year-on-year -22.23% -2.16% +19.26%

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 11 January 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 11 January 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
Hertfordshire - 7 £400 - 10
Essex +1 4 £700 - 8
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:

Application Platforms
1 3 (27.27%) Confluence
2 1 (9.09%) SAS
Applications
1 2 (18.18%) Microsoft Office
Business Applications
1 3 (27.27%) Dynamics CRM
1 3 (27.27%) NetSuite
Cloud Services
1 3 (27.27%) Azure
1 3 (27.27%) Dynamics 365
1 3 (27.27%) Power Platform
1 3 (27.27%) PowerApps
Database & Business Intelligence
1 3 (27.27%) Power BI
Development Applications
1 3 (27.27%) JIRA
General
1 8 (72.73%) Finance
1 8 (72.73%) Social Skills
2 3 (27.27%) Analytical Skills
3 1 (9.09%) Organisational Skills
Job Titles
1 3 (27.27%) Applications Tester
1 3 (27.27%) Lead
1 3 (27.27%) Manual Tester
1 3 (27.27%) Tester
2 2 (18.18%) Analyst
2 2 (18.18%) Business Analyst
3 1 (9.09%) Data Centre Engineer
3 1 (9.09%) Developer
3 1 (9.09%) Developer/Software Engineer
3 1 (9.09%) IT Manager
3 1 (9.09%) IT Risk Manager
3 1 (9.09%) Python Developer
3 1 (9.09%) Python Engineer
3 1 (9.09%) Python Software Engineer
3 1 (9.09%) R Developer
3 1 (9.09%) Risk Manager
3 1 (9.09%) SAS Developer
3 1 (9.09%) SAS Engineer
3 1 (9.09%) Software Developer
3 1 (9.09%) Software Engineer
Miscellaneous
1 1 (9.09%) Credit Risk
1 1 (9.09%) Data Centre
Processes & Methodologies
1 5 (45.45%) Agile
1 5 (45.45%) Business Analysis
1 5 (45.45%) Project Delivery
1 5 (45.45%) User Acceptance Testing
2 4 (36.36%) Project Management
3 3 (27.27%) Analytics
3 3 (27.27%) Business Intelligence
3 3 (27.27%) CRM
3 3 (27.27%) Manual Testing
3 3 (27.27%) Problem-Solving
3 3 (27.27%) Scenario Testing
3 3 (27.27%) System Integration Testing
3 3 (27.27%) Test Scripting
4 2 (18.18%) Analytical Thinking
4 2 (18.18%) Customer-Centricity
4 2 (18.18%) Emotional Intelligence
4 2 (18.18%) Knowledge Transfer
4 2 (18.18%) Mentoring
4 2 (18.18%) People Management
4 2 (18.18%) SDLC
Programming Languages
1 1 (9.09%) Java
1 1 (9.09%) Python
1 1 (9.09%) R
1 1 (9.09%) SQL
Qualifications
1 3 (27.27%) Degree
Quality Assurance & Compliance
1 1 (9.09%) NIST
1 1 (9.09%) PCI DSS
Vendors
1 3 (27.27%) Microsoft
1 3 (27.27%) Salesforce
2 2 (18.18%) SAP