Banking
East London > Tower Hamlets
The table below looks at the prevalence of the term Banking in contract job vacancies in Tower Hamlets. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Banking over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.
| 6 months to 1 May 2025 |
Same period 2024 | Same period 2023 | |
|---|---|---|---|
| Rank | 6 | 6 | 8 |
| Rank change year-on-year | 0 | +2 | 0 |
| Contract jobs citing Banking | 8 | 18 | 11 |
| As % of all contract jobs advertised in Tower Hamlets | 14.29% | 16.22% | 15.94% |
| As % of the General category | 23.53% | 21.43% | 26.19% |
| Number of daily rates quoted | 8 | 15 | 9 |
| 10th Percentile | £455 | £450 | £486 |
| 25th Percentile | £495 | £492 | £500 |
| Median daily rate (50th Percentile) | £518 | £540 | £650 |
| Median % change year-on-year | -4.17% | -16.92% | +35.42% |
| 75th Percentile | £638 | £567 | £800 |
| 90th Percentile | - | £673 | £1,000 |
| East London median daily rate | £495 | £540 | £495 |
| % change year-on-year | -8.33% | +9.09% | +23.75% |
All General Skills
Tower Hamlets
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 common skills in Tower Hamlets.
| Contract vacancies with a requirement for common skills | 34 | 84 | 42 |
| As % of all contract IT jobs advertised in Tower Hamlets | 60.71% | 75.68% | 60.87% |
| Number of daily rates quoted | 32 | 80 | 34 |
| 10th Percentile | £495 | £450 | £359 |
| 25th Percentile | £540 | £540 | £500 |
| Median daily rate (50th Percentile) | £585 | £597 | £563 |
| Median % change year-on-year | -2.01% | +6.13% | -18.48% |
| 75th Percentile | £632 | £650 | £694 |
| 90th Percentile | £675 | £773 | £800 |
| East London median daily rate | £575 | £570 | £530 |
| % change year-on-year | +0.88% | +7.55% | -7.83% |
| Number of hourly rates quoted | 1 | 0 | 0 |
| Median hourly rate | £40.00 | - | - |
| East London median hourly rate | £26.63 | £18.41 | £22.49 |
| % change year-on-year | +44.67% | -18.13% | -31.03% |
Banking
Job Vacancy Trend in Tower Hamlets
Job postings citing Banking as a proportion of all IT jobs advertised in Tower Hamlets.
Banking
Contractor Daily Rate Trend in Tower Hamlets
3-month moving average daily rate quoted in jobs citing Banking in Tower Hamlets.
Banking
Daily Rate Histogram in Tower Hamlets
Daily rate distribution for jobs citing Banking in Tower Hamlets over the 6 months to 1 May 2025.
Banking
Contractor Hourly Rate Trend in Tower Hamlets
3-month moving average hourly rates quoted in jobs citing Banking in Tower Hamlets.
Banking
Contract Job Locations in Tower Hamlets
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the Tower Hamlets region over the 6 months to 1 May 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 |
|---|---|---|---|---|---|
| Canary Wharf | -2 | 8 | £518 | -4.17% | 2 |
| Banking East London |
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Banking
Co-occurring Skills and Capabilities in Tower Hamlets 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: