The UK’s tech sector currently employs over 1.7 million workers and generates £150bn a year. In just two years, Britain’s tech trajectory could see an additional £41.5bn flow into the economy and create a further 678,000 jobs by 2025 – an encouraging rebound from the significant industry challenges faced in Q1 this year.
Global reputation
The UK government has identified the importance of the tech sector and has invested in initiatives to support growth and job creation.
The 2023 launch of the new Department for Science, Innovation and Technology was a pivotal step forward in helping secure Britain’s future as a worldwide science and technology superpower.
Job creation
Job vacancies are now back to pre-pandemic levels in certain areas in tech.
Data on the latest figures shows a significant surge in demand for software developers and engineers in particular. The jump in job openings accounts for over 27 per cent of all London-tech roles currently advertised.
Also, it appears London’s financial and banking services sector is continuing to invest in tech, as it is responsible for almost 29 per cent of all new London-based roles right now.
For example, this year alone, NatWest saw an increase in job creation of 73 per cent, and Lloyds saw an increase of 48 per cent. It is perhaps a positive indicator of where the fintech jobs market is headed.
It has been reported that the UK tech sector has the potential to be worth $4 trillion by 2043.
This marks an exciting and promising time to capitalise on the upturn and advance your career in the space.
Here’s our shortlist of the top five tech roles hiring this week.
#1 – VPII, Fintech Banking Relationship Manager, HSBC Innovation Bank, London
A coveted opportunity has become available for a seasoned fintech market expert to join the HSBC UK fintech team. Headquartered in London, you will help drive growth to the next level. You will be responsible for developing long-term relationships with high-growth, VC-backed fintech companies. Clients will range from early-stage Series A companies to those preparing for an exit or IPO. If you’re an experienced banker with a deep understanding of the fintech sector and a passion for European tech ecosystems, further information and requirements are here.
#2 – DevOps/Software Engineer, (Crypto), London
A popular crypto start-up has an opening for a talented DevOps engineer to join its global security operations team. Based in a busy London office, you will assume responsibility for building application security processes and handling disaster recovery structures within crypto facilities. Experience using source code management, document management systems and competency using Linux is essential. Apply for this opportunity here.
#3 – Cyber Security Architect, Airbus, Portsmouth
Are you looking to help protect critical systems for the security of Europe? Airbus Defence and Space, the world’s largest supplier of Earth observation systems, is hiring a UK cyber security architect to join its international digital security architecture team. You will oversee projects in implementing new systems to meet cybersecurity and regulatory requirements. You will also be advising internal customers according to cyber security architectures to support them in achieving their goals, some of which are still behind Mars. If you have experience in the field of cybersecurity architecture, this could be your next move.
#4 – AI Technical Architect, PwC, Manchester
As part of PwC’s global strategy, an exciting opportunity for a technical architect to join its tech central team has become available. Working from the Manchester division, you will execute the design and engineering of their business-facing AI applications. The right candidate will possess a detailed knowledge of software solutions across .Net, Go, and Python, and have experience with information security and integration patterns too. If this sounds like the right fit for you, the full job spec can be viewed here.
#5 – Senior Python Developer, Cardiff
Do you have over five years’ experience in software development, with a focus on Python, Django, and experience working on end-to-end engineering delivery for web, mobile and APIs?
An experienced full-stack senior Python developer is needed to join a digital-health software company used by GP surgeries and third-party clients. The role is based in Cardiff but offers hybrid working options for the right applicant. If you’re interested in joining a company in a rapid growth phase you can submit your application here.
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