Banking Contracts in West London

Banking
London > West London

The table below looks at the prevalence of the term Banking in contract job vacancies in West 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 27 39 60
Rank change year-on-year +12 +21 +2
Contract jobs citing Banking 4 4 1
As % of all contract jobs advertised in West London 1.90% 1.13% 0.18%
As % of the General category 3.48% 2.05% 0.39%
Number of daily rates quoted 0 4 1
10th Percentile - £350 -
25th Percentile - £350 £688
Median daily rate (50th Percentile) - £400 £725
Median % change year-on-year - -44.79% -
75th Percentile - £450 £763
90th Percentile - - -
London median daily rate £650 £650 £675
% change year-on-year - -3.70% +3.85%
Number of hourly rates quoted 4 0 0
Median hourly rate £22.27 - -
London median hourly rate £24.66 £19.50 £21.00
% change year-on-year +26.46% -7.14% -25.00%

All General Skills
West 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 London.

Contract vacancies with a requirement for common skills 115 195 258
As % of all contract IT jobs advertised in West London 54.76% 54.93% 45.50%
Number of daily rates quoted 69 141 167
10th Percentile £194 £189 £300
25th Percentile £275 £250 £425
Median daily rate (50th Percentile) £400 £425 £525
Median % change year-on-year -5.88% -19.05% +2.94%
75th Percentile £463 £538 £650
90th Percentile £588 £625 £700
London median daily rate £575 £575 £600
% change year-on-year - -4.17% +4.35%
Number of hourly rates quoted 20 16 27
10th Percentile £19.09 - £25.75
25th Percentile £20.24 £16.25 £31.25
Median hourly rate £22.27 £30.16 £60.00
Median % change year-on-year -26.16% -49.73% +161.72%
75th Percentile £29.02 £41.59 £72.50
90th Percentile £52.55 £56.25 £77.00
London median hourly rate £34.00 £28.50 £32.00
% change year-on-year +19.30% -10.94% -12.33%

Banking
Job Vacancy Trend in West London

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

Job vacancy trend for Banking in West London

Banking
Contractor Daily Rate Trend in West London

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

Daily rate trend for Banking in West London

Banking
Contractor Hourly Rate Trend in West London

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

Hourly rate trend for Banking in West London

Banking
Contract Job Locations in West 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 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
Wembley - 4 - -
Banking
London

Banking
Co-occurring Skills and Capabilities in West 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:

Business Applications
1 4 (100.00%) Oracle Financials
2 2 (50.00%) Exchequer
Cloud Services
1 4 (100.00%) Google Workspace
Database & Business Intelligence
1 4 (100.00%) BusinessObjects
2 2 (50.00%) Oracle Reports
General
1 4 (100.00%) Finance
1 4 (100.00%) Local Government
2 2 (50.00%) Organisational Skills
2 2 (50.00%) Public Sector
Job Titles
1 4 (100.00%) Analyst
1 4 (100.00%) Financial Analyst
Miscellaneous
1 2 (50.00%) Management Information System
Processes & Methodologies
1 2 (50.00%) Benchmarking
1 2 (50.00%) Budget Management
1 2 (50.00%) Data Analysis
1 2 (50.00%) Project Management
Qualifications
1 4 (100.00%) AAT
1 4 (100.00%) CCAB
2 2 (50.00%) CIPFA
Quality Assurance & Compliance
1 2 (50.00%) SLA
Vendors
1 4 (100.00%) Microsoft
1 4 (100.00%) Oracle