Banking Contract Job Trends in England

Banking
UK > England

The table below looks at the prevalence of the term Banking in contract job vacancies in England. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Banking over the 6 months leading up to 1 February 2026, comparing them to the same period in the previous two years.

6 months to
1 Feb 2026
Same period 2025 Same period 2024
Rank 29 25 24
Rank change year-on-year -4 -1 -7
Contract jobs citing Banking 2,095 1,947 2,484
As % of all contract jobs in England 6.37% 7.35% 6.51%
As % of the General category 10.66% 11.76% 11.04%
Number of daily rates quoted 1,288 1,234 1,746
10th Percentile £363 £376 £386
25th Percentile £447 £490 £500
Median daily rate (50th Percentile) £540 £600 £600
Median % change year-on-year -10.00% - -7.69%
75th Percentile £676 £738 £750
90th Percentile £800 £838 £838
UK median daily rate £540 £600 £600
% change year-on-year -10.00% - -7.69%
Number of hourly rates quoted 30 12 24
10th Percentile £18.78 £14.80 £12.84
25th Percentile - £15.24 £16.18
Median hourly rate £25.15 £22.27 £19.50
Median % change year-on-year +12.93% +14.21% -7.14%
75th Percentile £38.59 £25.81 £30.00
90th Percentile £80.38 £73.80 £67.75
UK median hourly rate £25.15 £23.21 £19.50
% change year-on-year +8.36% +19.03% -7.14%

All General Skills
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 England.

Contract vacancies with a requirement for general skills 19,653 16,563 22,493
As % of all contract IT jobs advertised in England 59.75% 62.52% 58.99%
Number of daily rates quoted 12,508 9,974 14,915
10th Percentile £289 £297 £265
25th Percentile £402 £413 £413
Median daily rate (50th Percentile) £500 £525 £540
Median % change year-on-year -4.76% -2.78% -1.82%
75th Percentile £625 £650 £650
90th Percentile £738 £775 £750
UK median daily rate £500 £525 £530
% change year-on-year -4.76% -0.94% -3.64%
Number of hourly rates quoted 1,212 534 1,442
10th Percentile £14.03 £15.62 £13.25
25th Percentile £16.50 £19.43 £15.12
Median hourly rate £22.54 £30.00 £26.00
Median % change year-on-year -24.88% +15.38% -
75th Percentile £47.13 £57.50 £55.00
90th Percentile £70.00 £74.96 £67.50
UK median hourly rate £22.50 £28.60 £26.00
% change year-on-year -21.33% +10.00% +4.00%

Banking
Job Vacancy Trend in England

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

Banking job vacancy trend in England

Banking
Daily Rate Trend in England

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

Contractor daily rate distribution trend for jobs in England citing Banking

Banking
Daily Rate Histogram in England

Daily rate distribution for jobs citing Banking in England over the 6 months to 1 February 2026.

Daily rate histogram for Banking in England

Banking
Hourly Rate Trend in England

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

Contractor hourly rate distribution trend for jobs in England citing Banking

Banking
Hourly Rate Histogram in England

Hourly rate distribution of jobs citing Banking in England over the 6 months to 1 February 2026.

Hourly rate histogram for Banking in England

Banking
Contract Job Locations in 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 England region over the 6 months to 1 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
London -6 1,441 £600 -4.00% 339
North of England +8 443 £465 +3.33% 76
North West +10 227 £447 +11.75% 37
Yorkshire +6 224 £500 -11.50% 34
Midlands +17 169 £490 -10.91% 18
West Midlands +15 114 £588 +1.29% 13
East Midlands +11 55 £420 -5.62% 5
South East -10 47 £425 -24.44% 132
South West -17 28 £525 -16.00% 10
East of England -17 10 £400 -33.33% 4
North East -14 5 £400 - 5
Banking
UK

Banking
Co-Occurring Skills & Capabilities in 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
1 156 (7.45%) Confluence
2 55 (2.63%) SharePoint
3 20 (0.95%) Apache Spark
4 17 (0.81%) Apache
5 16 (0.76%) Apache Airflow
6 10 (0.48%) CICS
6 10 (0.48%) CMS
7 9 (0.43%) Microsoft Exchange
7 9 (0.43%) SAS
8 8 (0.38%) IIS
9 7 (0.33%) Adobe Experience Manager
9 7 (0.33%) MQSeries
10 5 (0.24%) Ethereum
10 5 (0.24%) Hyperledger
10 5 (0.24%) Oracle SOA Suite
11 4 (0.19%) WebSphere
12 3 (0.14%) Camunda
12 3 (0.14%) HCL Notes
12 3 (0.14%) Mule
12 3 (0.14%) Tomcat
Applications
1 146 (6.97%) Microsoft Excel
2 78 (3.72%) Microsoft PowerPoint
3 65 (3.10%) Microsoft Office
4 45 (2.15%) MS Visio
5 26 (1.24%) Microsoft Project
6 20 (0.95%) Chatbot
7 5 (0.24%) Adobe Creative Suite
8 4 (0.19%) Adobe Captivate
9 3 (0.14%) Notion
9 3 (0.14%) Spreadsheet
9 3 (0.14%) Trello
10 2 (0.095%) Sketch
11 1 (0.048%) Adobe XD
11 1 (0.048%) UserZoom
11 1 (0.048%) Zeplin
Business Applications
1 28 (1.34%) Payment Gateway
2 23 (1.10%) Oracle Payables
3 20 (0.95%) Dynamics CRM
4 18 (0.86%) Remedy ITSM
5 16 (0.76%) SAP S/4HANA
6 12 (0.57%) Oracle Receivables
7 11 (0.53%) Oracle Procure-to-Pay
7 11 (0.53%) Temenos T24
8 10 (0.48%) Oracle General Ledger
9 8 (0.38%) Finacle
9 8 (0.38%) Oracle Subledger Accounting
10 7 (0.33%) Fidessa
10 7 (0.33%) Loan IQ
10 7 (0.33%) Oracle Financials
10 7 (0.33%) SAP FI
11 6 (0.29%) Oracle Cash Management
12 5 (0.24%) BASE24
12 5 (0.24%) SAP CO
12 5 (0.24%) Summit
12 5 (0.24%) VisionPLUS
Cloud Services
1 325 (15.51%) Azure
2 309 (14.75%) AWS
3 167 (7.97%) GCP
4 140 (6.68%) Power Platform
5 87 (4.15%) GitHub
6 79 (3.77%) Microsoft 365
7 66 (3.15%) Serverless
8 51 (2.43%) Azure DevOps
9 45 (2.15%) Figma
10 38 (1.81%) SaaS
11 34 (1.62%) GitHub Actions
12 31 (1.48%) PowerApps
13 26 (1.24%) Entra ID
13 26 (1.24%) Power Automate
14 25 (1.19%) Microsoft Copilot
14 25 (1.19%) Snowflake
15 24 (1.15%) Amazon EKS
16 23 (1.10%) Dynamics 365
17 22 (1.05%) Amazon S3
17 22 (1.05%) AWS Lambda
Communications & Networking
1 53 (2.53%) DNS
2 45 (2.15%) Firewall
3 35 (1.67%) HTTP
4 33 (1.58%) Network Security
5 30 (1.43%) TCP/IP
6 28 (1.34%) F5 BIG-IP GTM
6 28 (1.34%) F5 BIG-IP LTM
7 25 (1.19%) DMZ
7 25 (1.19%) VPN
8 21 (1.00%) SSL
8 21 (1.00%) Wireless
9 18 (0.86%) BIG-IP
9 18 (0.86%) Wireshark
10 15 (0.72%) NetScaler
11 13 (0.62%) BGP
11 13 (0.62%) Multicast
12 12 (0.57%) DHCP
13 11 (0.53%) Skype
14 10 (0.48%) FIX Connectivity
14 10 (0.48%) LAN
Database & Business Intelligence
1 115 (5.49%) Power BI
2 87 (4.15%) SQL Server
3 70 (3.34%) PostgreSQL
4 68 (3.25%) Tableau
5 65 (3.10%) NoSQL
6 45 (2.15%) MongoDB
7 43 (2.05%) Data Warehouse
8 38 (1.81%) Relational Database
9 36 (1.72%) Oracle Database
10 27 (1.29%) Metadata
11 22 (1.05%) Big Data
12 19 (0.91%) Data Lake
12 19 (0.91%) DB2
13 18 (0.86%) BigQuery
14 16 (0.76%) Hadoop
15 15 (0.72%) MySQL
15 15 (0.72%) SQL Server Integration Services
16 13 (0.62%) Power Query
17 11 (0.53%) Amazon Athena
17 11 (0.53%) Azure SQL Database
Development Applications
1 241 (11.50%) JIRA
2 140 (6.68%) Jenkins
3 99 (4.73%) Git
4 86 (4.11%) GitLab
5 35 (1.67%) JUnit
6 34 (1.62%) Sonatype Nexus
7 26 (1.24%) Bitbucket
8 25 (1.19%) Selenium
9 21 (1.00%) Liquibase
10 19 (0.91%) Cucumber
10 19 (0.91%) Maven
11 18 (0.86%) Postman
12 17 (0.81%) Fiddler
12 17 (0.81%) Gradle
13 16 (0.76%) REST Assured
14 14 (0.67%) SonarQube
15 13 (0.62%) TeamCity
16 9 (0.43%) Cypress.io
17 7 (0.33%) SoapUI
17 7 (0.33%) Xcode
General
1 1,329 (63.44%) Finance
2 754 (35.99%) Social Skills
3 433 (20.67%) Investment Banking
4 281 (13.41%) Analytical Skills
5 179 (8.54%) Front Office
6 125 (5.97%) Financial Institution
7 72 (3.44%) Retail Banking
8 53 (2.53%) Legal
8 53 (2.53%) Retail
9 50 (2.39%) Corporate Banking
10 49 (2.34%) Documentation Skills
11 39 (1.86%) Public Sector
12 35 (1.67%) Organisational Skills
12 35 (1.67%) Presentation Skills
13 29 (1.38%) Influencing Skills
14 24 (1.15%) Back Office
14 24 (1.15%) Inclusion and Diversity
14 24 (1.15%) International Banking
15 22 (1.05%) Marketing
15 22 (1.05%) Private Banking
Job Titles
1 407 (19.43%) Developer
2 354 (16.90%) Analyst
3 280 (13.37%) Senior
4 246 (11.74%) Business Analyst
5 201 (9.59%) Architect
6 134 (6.40%) Project Manager
7 132 (6.30%) Lead
8 113 (5.39%) Java Developer
9 111 (5.30%) Solutions Architect
10 92 (4.39%) Senior Developer
11 70 (3.34%) Consultant
12 68 (3.25%) Banking Analyst
13 51 (2.43%) Senior Java Developer
14 50 (2.39%) Banking Business Analyst
14 50 (2.39%) Designer
15 49 (2.34%) DevOps Engineer
16 44 (2.10%) Data Engineer
16 44 (2.10%) Senior Analyst
17 42 (2.00%) Software Engineer
18 40 (1.91%) Support Engineer
Libraries, Frameworks & Software Standards
1 114 (5.44%) Kafka
2 113 (5.39%) REST
3 102 (4.87%) .NET
4 85 (4.06%) Spring
5 75 (3.58%) RESTful
6 71 (3.39%) Spring Boot
7 66 (3.15%) React
8 59 (2.82%) HTML
9 51 (2.43%) AngularJS
9 51 (2.43%) Middleware
10 49 (2.34%) Pandas
11 43 (2.05%) NumPy
12 41 (1.96%) XML
13 40 (1.91%) CSS
14 37 (1.77%) Node.js
15 35 (1.67%) OAuth
16 31 (1.48%) JMS
17 29 (1.38%) Elastic Stack
17 29 (1.38%) JSON
18 25 (1.19%) OAuth2
Miscellaneous
1 133 (6.35%) Product Ownership
2 119 (5.68%) Derivative
3 108 (5.16%) Onboarding
4 102 (4.87%) Foreign Exchange (FX)
5 94 (4.49%) Cloud Native
6 86 (4.11%) Management Information System
7 73 (3.48%) Data Protection Act
8 71 (3.39%) Equities
9 68 (3.25%) Distributed Systems
10 64 (3.05%) Fixed Income
11 54 (2.58%) SWIFT Messaging Network
12 45 (2.15%) Public Cloud
13 43 (2.05%) Credit Risk
13 43 (2.05%) Data Centre
14 42 (2.00%) Hedge funds
15 41 (1.96%) Mobile App
16 40 (1.91%) Data Structures
17 36 (1.72%) Market Risk
18 32 (1.53%) Legacy Systems
19 28 (1.34%) Self-Motivation
Operating Systems
1 128 (6.11%) Linux
2 120 (5.73%) Windows
3 48 (2.29%) Unix
4 37 (1.77%) Android
5 33 (1.58%) Windows 10
6 22 (1.05%) Apple iOS
7 20 (0.95%) Windows Server
8 16 (0.76%) Mac OS
9 12 (0.57%) zOS
10 5 (0.24%) Windows 7
11 4 (0.19%) AIX
11 4 (0.19%) Red Hat Enterprise Linux
12 3 (0.14%) Ubuntu
12 3 (0.14%) Windows Server 2016
13 1 (0.048%) Kali Linux
13 1 (0.048%) Solaris
13 1 (0.048%) VMS
13 1 (0.048%) Windows Server 2012
Processes & Methodologies
1 582 (27.78%) Agile
2 385 (18.38%) Problem-Solving
3 364 (17.37%) Stakeholder Management
4 318 (15.18%) DevOps
5 315 (15.04%) CI/CD
6 196 (9.36%) Analytics
7 185 (8.83%) Microservices
8 183 (8.74%) Stakeholder Engagement
9 180 (8.59%) Migration
10 172 (8.21%) Risk Management
11 165 (7.88%) Project Management
12 153 (7.30%) AI
12 153 (7.30%) Decision-Making
13 145 (6.92%) Scrum
14 144 (6.87%) Change Management
15 141 (6.73%) Data Analysis
16 139 (6.63%) Data Modelling
17 136 (6.49%) Business Intelligence
18 135 (6.44%) Containerisation
18 135 (6.44%) User Acceptance Testing
Programming Languages
1 393 (18.76%) SQL
2 357 (17.04%) Python
3 306 (14.61%) Java
4 139 (6.63%) C#
5 86 (4.11%) JavaScript
6 59 (2.82%) PowerShell
7 58 (2.77%) Go
7 58 (2.77%) TypeScript
8 41 (1.96%) C++
9 31 (1.48%) PL/SQL
10 27 (1.29%) VBA
11 26 (1.24%) Shell Script
12 25 (1.19%) Bash
13 20 (0.95%) COBOL
13 20 (0.95%) T-SQL
14 17 (0.81%) Kotlin
15 14 (0.67%) Scala
16 11 (0.53%) Korn
16 11 (0.53%) Perl
16 11 (0.53%) RPG
Qualifications
1 249 (11.89%) Degree
2 86 (4.11%) Security Cleared
3 84 (4.01%) Computer Science Degree
4 79 (3.77%) Master's Degree
5 58 (2.77%) PMI Certification
6 52 (2.48%) PMP
7 48 (2.29%) SC Cleared
8 35 (1.67%) BPSS Clearance
9 25 (1.19%) CISSP
10 24 (1.15%) Azure Certification
11 23 (1.10%) AWS Certification
12 16 (0.76%) MBA
13 15 (0.72%) CBAP
14 14 (0.67%) DV Cleared
15 13 (0.62%) CISM
15 13 (0.62%) ISTQB
16 12 (0.57%) Microsoft Certification
17 10 (0.48%) PhD
18 8 (0.38%) CCA
18 8 (0.38%) Cisco Certification
Quality Assurance & Compliance
1 132 (6.30%) QA
2 86 (4.11%) Data Quality
3 59 (2.82%) ISO 20022
4 52 (2.48%) GDPR
5 40 (1.91%) PMO
5 40 (1.91%) PSD2
6 35 (1.67%) SEPA
7 32 (1.53%) Accessibility
8 27 (1.29%) SLA
9 26 (1.24%) GRC
10 25 (1.19%) Sarbanes-Oxley
11 24 (1.15%) Basel III
11 24 (1.15%) PCI DSS
12 21 (1.00%) ISO/IEC 27001
12 21 (1.00%) MiFID
13 18 (0.86%) NIST
14 16 (0.76%) ISO 8583
15 15 (0.72%) EMIR
16 10 (0.48%) IFRS
17 8 (0.38%) COBIT
System Software
1 173 (8.26%) Docker
2 43 (2.05%) VMware Infrastructure
3 29 (1.38%) Active Directory
4 20 (0.95%) Virtual Desktop
5 18 (0.86%) Firmware
6 6 (0.29%) Virtual Servers
7 4 (0.19%) Virtual Machines
8 3 (0.14%) RACF
8 3 (0.14%) Time Sharing Option
8 3 (0.14%) vSphere
9 2 (0.095%) ACF2
9 2 (0.095%) GridGain
9 2 (0.095%) NFS
9 2 (0.095%) VMware ESXi
10 1 (0.048%) Active Directory Lightweight Directory Services
10 1 (0.048%) BitLocker
10 1 (0.048%) GPFS
10 1 (0.048%) KVM
10 1 (0.048%) PowerHA
10 1 (0.048%) VMware NSX
Systems Management
1 191 (9.12%) Kubernetes
2 106 (5.06%) Terraform
3 77 (3.68%) Ansible
4 48 (2.29%) Grafana
5 41 (1.96%) Prometheus
6 17 (0.81%) SCCM
7 16 (0.76%) Argo
8 12 (0.57%) Control-M
9 9 (0.43%) Microsoft Intune
10 8 (0.38%) ITRS Geneos
11 7 (0.33%) FortiGate
11 7 (0.33%) NetBackup
11 7 (0.33%) Single Sign-On
12 5 (0.24%) CA Endevor
12 5 (0.24%) Oracle RMAN
12 5 (0.24%) RSA Archer
13 4 (0.19%) Karpenter
14 3 (0.14%) Istio
14 3 (0.14%) Thomson Reuters DACS
14 3 (0.14%) vCenter Server
Vendors
1 230 (10.98%) Microsoft
2 149 (7.11%) Oracle
3 85 (4.06%) Google
4 63 (3.01%) Splunk
5 52 (2.48%) ServiceNow
6 49 (2.34%) IBM
6 49 (2.34%) VMware
7 44 (2.10%) Cisco
8 42 (2.00%) SAP
9 40 (1.91%) F5
10 37 (1.77%) Citrix
11 31 (1.48%) Remedy
12 28 (1.34%) HP
13 27 (1.29%) Databricks
13 27 (1.29%) Salesforce
14 26 (1.24%) Dell
15 25 (1.19%) Bloomberg
16 24 (1.15%) Apple
16 24 (1.15%) CyberArk
17 20 (0.95%) Dynatrace