Banking Contracts in West End of London

Banking
Central London > West End of London

The table below looks at the prevalence of the term Banking in contract job vacancies in West End of London. 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 11 14 14
Rank change year-on-year +3 0 -2
Contract jobs citing Banking 6 1 3
As % of all contract jobs advertised in West End of London 8.70% 1.92% 3.80%
As % of the General category 13.64% 2.63% 6.98%
Number of daily rates quoted 6 1 3
10th Percentile £474 - -
25th Percentile £506 - -
Median daily rate (50th Percentile) £600 £675 £400
Median % change year-on-year -11.11% +68.75% -40.83%
75th Percentile - - £513
90th Percentile - - £580
Central London median daily rate £600 £600 £675
% change year-on-year - -11.11% +3.85%

All General Skills
West End of London

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 West End of London.

Contract vacancies with a requirement for common skills 44 38 43
As % of all contract IT jobs advertised in West End of London 63.77% 73.08% 54.43%
Number of daily rates quoted 37 26 27
10th Percentile £300 £252 £222
25th Percentile £450 £332 £381
Median daily rate (50th Percentile) £474 £505 £495
Median % change year-on-year -6.14% +2.02% -8.33%
75th Percentile £575 £538 £539
90th Percentile £615 £638 £625
Central London median daily rate £575 £560 £600
% change year-on-year +2.68% -6.67% +5.26%
Number of hourly rates quoted 3 0 0
10th Percentile £42.88 - -
25th Percentile £44.89 - -
Median hourly rate £49.50 - -
75th Percentile £50.75 - -
90th Percentile - - -
Central London median hourly rate £30.04 £24.50 £35.00
% change year-on-year +22.59% -30.00% -23.08%

Banking
Job Vacancy Trend in West End of London

Job postings citing Banking as a proportion of all IT jobs advertised in West End of London.

Job vacancy trend for Banking in West End of London

Banking
Contractor Daily Rate Trend in West End of London

3-month moving average daily rate quoted in jobs citing Banking in West End of London.

Daily rate trend for Banking in West End of London

Banking
Daily Rate Histogram in West End of London

Daily rate distribution for jobs citing Banking in West End of London over the 6 months to 1 May 2025.

Daily rate histogram for Banking in West End of London

Banking
Contractor Hourly Rate Trend in West End of London

3-month moving average hourly rates quoted in jobs citing Banking in West End of London.

Hourly rate trend for Banking in West End of London

Banking
Contract Job Locations in West End of London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the West End of London 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
Holborn - 2 £474 -
Banking
Central London

Banking
Co-occurring Skills and Capabilities in West End of London 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:

Cloud Services
1 4 (66.67%) Azure
2 1 (16.67%) Entra ID
Database & Business Intelligence
1 3 (50.00%) SQL Server
2 2 (33.33%) DB2
Development Applications
1 2 (33.33%) ChangeMan
General
1 6 (100.00%) Finance
2 4 (66.67%) Investment Banking
3 2 (33.33%) Analytical Skills
3 2 (33.33%) Social Skills
Job Titles
1 4 (66.67%) Senior
2 3 (50.00%) Infrastructure Engineer
2 3 (50.00%) Senior Infrastructure Engineer
3 2 (33.33%) Consultant
4 1 (16.67%) Cloud Engineer
4 1 (16.67%) Senior Consultant
4 1 (16.67%) Windows Engineer
Miscellaneous
1 2 (33.33%) Mainframe
Operating Systems
1 4 (66.67%) Windows
1 4 (66.67%) Windows Server
Processes & Methodologies
1 4 (66.67%) Infrastructure Engineering
1 4 (66.67%) Migration
1 4 (66.67%) Server Management
2 2 (33.33%) Agile
2 2 (33.33%) Problem-Solving
2 2 (33.33%) SDLC
Programming Languages
1 2 (33.33%) REXX
2 1 (16.67%) PowerShell
System Software
1 4 (66.67%) Hyper-V
2 3 (50.00%) Active Directory
Vendors
1 2 (33.33%) Micro Focus
2 1 (16.67%) Microsoft