Recent figures show that hiring within the financial services sector has grown considerably over the last few months.
According to recent data, financial services employers are more confident, which has resulted in increased hiring levels.
The WilsonHCG findings revealed a 14.7% rise in job postings across the sector since the Labour government came into power (July to September 2024).
Phil Brakewell, VP of Executive Search at WilsonHCG explained, “It’s been a tough time for Financial Services in the last few years, with optimism and hiring experiencing peaks and troughs.
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“However, this uptick in recruitment since the new Government came into power certainly paints an optimistic picture for the UK.
“The financial services sector often acts as a bellwether for the economy, so a rise in hiring will be welcome news for many. It remains to be seen if this positivity will be sustained in the coming months, especially given the rise in National Insurance contributions for employers announced in the recent Budget, but so far, the picture is increasingly optimistic.”
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