Hottest UK Companies, July 2019
July 2019 was a busy month for office announcements in the UK, with a number of companies revealing plans to increase headcount in their UK locations, from digital banks to blockchain companies and asset managers.
See below five of the hottest office announcements from recent weeks and be sure to check Talent Ticker daily to keep on top of August’s biggest stories as they happen.
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Major blockchain technology company, R3, has announced that it will be looking to double its headcount in its London office. Headquartered in New York, the firm is looking to increase its headcount in London with 40 new team members. This follows recent changes within the firm’s executive team, with the departure of its Co-Founder Jesse Edwards, and appointments of a new President and Chief Revenue Officer. The firm looks poised for major headcount growth in 2019, with new roles already posted on its careers page in software engineering, commercial, and operational roles.
UK Building Society, Nationwide, has similarly announced plans to substantially bolster its headcount in London. The bank has announced that it will be opening a new ‘digital innovation’ office, dedicated to ensuring the firm can compete with newly growing digital banks in the UK such as Revolut and Monzo. The bank will be looking to hire 750 new developers across disciplines to run this innovation office, and hiring is expected to begin imminently.
3. ExWorks Capital
Also in London, hedge fund, ExWorks Capital and wealth management technology provider, Jacobi, have announced the opening of new offices in the city as they seek to expand their UK operations. ExWorks Capital has moved to a larger location in the city, in order to help it serve a growing client-base. San Francisco-based Jacobi will be opening its first office in London, under the leadership of ex-Fidelity International Head of Investment Directing, Curtis Evans. Jacobi has already begun hiring for this office, and though ExWorks Capital does not currently appear to have begun recruitment for its new opening, ongoing hiring is expected at both firms as they continue to expand.
Outside of London, there have been multiple announcements of new offices being opened in cities across the UK in July. For example, digital bank, CountingUp, has announced that it will be opening a new office in Cardiff. This office will be primarily staffed by customer service and account management professionals. With the bank’s ongoing growth, Talent Ticker anticipates that hiring will be continued throughout the rest of 2019 in both the bank’s London and Cardiff offices, and that this is a must-watch bank for any UK fintech recruiter looking to build their BD List.
Finally, investment management firm, Charles Stanley, announced the opening of a new office in Belfast. This announcement follows the firm’s reveal in June that it has also opened an office in Glasgow, which will be headed up by Kris Barclay who previously worked in the firm’s Aberdeen location. The openings of these two offices in quick succession by the firm shows its ongoing success in the UK as it seeks to work alongside a growing client-base.