The 2024 Year in Review report highlights a significant shift in the UK finance sector, primarily driven by a 98% rise in AI investments. Two-thirds of financial institutions are now investing in AI, which reshapes their operational frameworks. In fintech, vacancy growth surged by 44% largely due to increased venture capital and talent demand. Accountancy saw a 29% spike in vacancies, the highest in five years, largely from green services investments and changing regulations in tax, creating a significant opportunity for professionals in these areas.
AI and machine learning continue to reshape the industry, with a 98% year-on-year increase in AI investments, as 63% of financial institutions are now investing in AI.
The fintech sector led the growth in professional vacancies in 2024, posting a 44% year-on-year increase across the UK with a surge in venture capital funding.
Accountancy demand rebounded strongly in 2024, reaching its highest level in five years, driven by investment in green services and evolving regulations.
Tax professionals experienced a surge in vacancies, reaching their highest levels in five years, fueled by government policy changes and greater need for expertise.
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