Demand for AI, Tech Experts Pushes UK Financial Sector Vacancies Up 12%, Recruiter Says

Demand for workers in AI, regulation, data reporting, and other specialist skills drove vacancies in Britain's financial sector up 12% in 2025, according to recruiting firm Morgan McKinley. The increase came despite a slowdown in the fourth quarter as global market volatility and uncertainty about the government's November budget prompted hiring caution.

Software and computer services now account for over 16% of vacancies, surpassing traditional roles such as investment management and banking, which accounted for 15% each last year.

Clerical and administrative positions fell 16%, and broking roles declined 20% over the year, as automation reduced the demand for staff in these functions.

Why Did This Happen?

Mark Astbury, director at Morgan McKinley, attributed the shift to a technology arms race in the financial sector. Companies are increasingly seeking workers in AI and data reporting to maintain competitive edge.

The report highlighted the broader trend of digital transformation across financial services, including increased use of automation and advanced analytics.

How Did Markets React?

The robust hiring should continue into the first quarter of 2026, as unemployment remained at 5% and inflation at 3.2%.

Despite the slowdown in the fourth quarter, the overall trend reflects confidence in the sector's resilience.

What Are Analysts Watching Next?

Astbury noted that low unemployment and stable inflation are expected to support continued hiring in the sector.

Analysts will be watching how regulatory changes and global market conditions impact hiring trends in the coming months.

Investors may also monitor how automation and AI adoption affect broader employment patterns across different financial services roles.