Demand for AI, tech experts pushes UK financial sector vacancies up 12%, recruiter says
The year-on-year increase happened despite a slowdown in the fourth quarter, as volatility in global markets and uncertainty about the government's November budget prompted caution in hiring managers, Morgan McKinley's London Employment Monitor,...

The year-on-year increase happened despite a slowdown in the fourth quarter, as volatility in global markets and uncertainty about the government's November budget prompted caution in hiring managers, Morgan McKinley's London Employment Monitor, a quarterly survey of financial services vacancies, showed.
Software and computer services now account for over 16% of vacancies, above traditional roles such as investment management and banking which accounted for 15% of total vacancies each last year, Mark Astbury, director at Morgan McKinley, said.
Clerical and administrative positions fell 16%, and broking roles fell 20% over the year, as AI and automation of services reduced the demand for staff in these functions, the data showed.
The robust hiring should continue into the first quarter of this year, Astbury said, as unemployment remained relatively low at 5% and inflation stable at 3.2%.
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