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Looking for a tech job in London? What the 2026/27 hiring numbers tell us.

Elen Consults
Oct 6
6 min read

Updated: 1 day ago


Fast-growing scale-ups are still expanding and starting pay can reach £40k or higher, but navigating this job market requires separating headline hype from reality.

If you are looking for work in the UK tech sector right now, the broader economic background can look daunting. Graduate and entry-level vacancies across the wider economy dropped in 2025 to lows not seen since the pandemic, and economists have warned that UK unemployment could climb to an 11-year high in 2026.

Yet, within the UK's fastest-growing private technology scale-ups, hiring has far from dried up. Data from the latest Sunday Times 100 Tech ranking reveals that 81 of the 100 ranked companies plan to expand their teams in 2026. Across the cohort, these businesses are aiming to bring on 4,300 new recruits over the next 12 months, building on a collective workforce of 23,300—up by 11,600 over the past three years.

For jobseekers in London especially, the capital remains the beating heart of this activity. But understanding where the opportunities actually are—and what the figures really mean—is key to landing your next role.

London is still the main hub (by a mile)

London accounts for 57 of the 100 companies in the index, with 39 of those building software. The capital is home to the league table's overall number one, the AI-powered lending platform Abound, alongside battery storage specialist Zenobēand clean-tech firm Fuse.

Beyond London, high-growth clusters thin out quickly:

  • Southeast England claims 13 firms (with nine based in Oxfordshire, including satellite developer Open Cosmos).

  • East of England accounts for 11 companies (including six in Cambridgeshire, home to Cycle Pharmaceuticals).

  • Northwest England has five firms.

  • Northern Ireland has four (including catalyst tester Catagen and payment platform MiFinity).

  • Scotland features three (including rocket-launching service Skyrora).

  • The Midlands has two (Biocomposites and Cerca Magnetics).

  • Wales has one (Reacta Healthcare).

  • Yorkshire and the Northeast recorded zero represented companies.

A quick reality check: These figures represent high-growth scale-ups qualifying for this specific private index. They do not mean there are no tech jobs in Yorkshire or the Midlands, nor do they capture established tech giants or non-qualifying employers. But they do illustrate that early-stage and scale-up capital continues to congregate heavily in and around London.

What entry-level pay looks like in 2026

For junior candidates, the compensation numbers reported by these scale-ups show solid ground:

  • The Baseline: The typical entry-level salary reported across the survey starts at about £40,000, with more than half of the firms starting their junior pay at or above that mark.

  • The High-Pay Outliers: A handful of firms report significantly higher starting pay. London-based AI voice assistant company PolyAI reports entry-level software engineer salaries reaching up to £100,000. Fuse in London and MiFinity in Belfast offer junior roles up to £60,000, while Cambridge-based Cycle Pharmaceuticals advertises junior roles between £70,000 and £100,000.

  • The Broader Spectrum: While these six-figure junior packages grab headlines, they are rare exceptions. The bulk of remaining companies offer pay between £30,000 and £40,000, while 14 companies report entry-level bands of £25,000 to £30,000 (roughly in line with the national living wage).

AI isn't killing junior roles—but volatility remains

One of the big fears among graduates and career-switchers is that generative AI will wipe out junior engineering and operational roles. Interestingly, the survey offers reassurance: 80 per cent of responding companies said AI tools had not reduced their entry-level hiring, with only 20 per cent indicating a reduction.

Julian David, chief executive of industry body techUK, points out that ongoing hiring "reflects not only strong confidence in the UK’s digital capabilities, but also the increasingly central role technology plays across every part of the economy."

At the same time, jobseekers shouldn't view tech as immune to market pressure:

  1. Global Big Tech: Major international tech firms shed roughly 122,500 roles in 2025 (down from 152,900 in 2024 and 264,300 in 2023), proving that even mature players adjust headcounts quickly.

  2. Scale-Up Funding Risks: Fast growth can reverse. London legal AI startup Robin shed a third of its staff in late 2025 after missing fundraising targets and subsequently sold its core business to peer Scissero.

  3. Sector Pivots: Major infrastructure firms are restructuring from network building to operational profitability. CityFibre has reduced headcount from a peak of nearly 2,000 in 2022 to 1,550 today, while Community Fibretrimmed its team from 930 in 2023 to 560.

Where the hiring plans are strongest

Several individual scale-ups across AI, fintech, digital health, and green energy have shared aggressive hiring ambitions:

  • Synthesia (AI video avatars, valued at over $2bn) plans to add 50 people.

  • Cleo AI (AI personal finance) aims to more than double its 410-person global workforce.

  • Lindus Health (clinical trial platform) expects to hire 150 people in 2026—more than its prior three-year hiring combined.

  • Open Cosmos (satellite technology) plans to recruit over 100 people.

Keep in mind: these stated hiring targets are company-wide expansion ambitions across all seniority levels, not guaranteed London-based vacancies or dedicated graduate tracks.

Company headcount and 2026/27 hiring plans

To give you a concrete snapshot of current team sizes and self-reported hiring targets, the table below compiles disclosed workforce figures and 2026/27 recruitment plans from a cross-section of 50 qualifying UK companies.

Note for jobseekers: This is a UK-wide supplied dataset, not a London-only vacancy list. The source data does not provide a location column for each row. Headcounts reflect total reported employees, and hiring targets represent organization-wide aspirations rather than confirmed open job postings.

Company

Industry

Number of employees

Plans to hire for 2026/27

Carmoola

Digital car finance

61

up to 10

PolyAI

AI voice assistants

260

100

Zen Educate

Education staffing platform

346

100

Huma

Medical devices & services

401

100+

Inventus

Clinical trials devices

60

20+

Zilch Technology

Lending fintech

260

n/a

Sessions

Food delivery platform

58

25–35

Hyperexponential

Insurance pricing software

220

25–50

BondAval

Credit insurance

40

28–39

Lottie

Care home marketplace

70

35

Reincubate

AI video enhancement

18

5

Lindus Health

Clinical trials devices

217

150

Carbon Clean

Carbon capture technology

170

6

Moneybox

Personal finance fintech

441

n/a

Zenobē

Battery storage and EV fleets

331

30

CityFibre

Fibre broadband provider

1,550

n/a

Flagstone

Savings fintech

362

50

floLIVE

Connected devices technology

182

10

Creditspring

Lending fintech

133

60

Zinc

Employee screening

130

40

Veremark

Employee screening

154

60

Community Fibre

Fibre broadband provider

560

36

Vertice

AI procurement platform

300

100

Synthesia

AI video creator

556

50

Stream

Property platform

230

120

OneDome

Industry unclear in supplied extraction

151

15

ANNA Money

Business accountancy services

223

45

Medical imaging services

194

40–50

Sokin

Payments platform

157

190

Peppy Health

Employee benefits platform

91

5–10

Payhawk

Spend management software

450

42

Juro

AI legal services

92

unclear

Vitesse

Treasury and payment insurtech

260

50

Gravitee

Software API manager

173

unclear

Verne

Data center provider

154

40

Giraffe360

Real estate visual technology

200

30

Osprey Charging

EV charging network

68

12

9fin

Corporate debt analytics

373

n/a

Yoti

Digital ID provider

453

20

HeliosX

Digital pharmacy

1,059

300

TrueLayer

Payments fintech

250

unclear

MAGIC AI

AI personal trainer

17

unclear

Chip

Investment and savings fintech

190

80

Abound

Lending fintech

131

50

Yoto

Children’s audio platform

204

50

Xelix

AI accounts software

120

30

XYZ Reality

Construction augmented reality

104

45

AutogenAI

Bid writing software

137

80

Fuse Energy

Energy supplier

242

150

Vision RT

Radiation therapy

393

45

(Data reflects company disclosures. Figures marked "unclear" represent malformed entries in the source extraction, while "n/a" denotes undisclosed hiring plans. An incomplete source fragment showing only "62" without company or industry details was omitted.)

Actionable takeaways for London jobseekers

  1. Focus on high-conviction verticals: Scale-ups in clinical trials (Lindus Health), energy tech (Fuse, Zenobē), and vertical AI tooling (Synthesia, PolyAI, Vertice) are actively adding headcounts.

  2. Benchmark your salary expectations wisely: While a £40k baseline is common among top scale-ups, don't let £100k outlier claims distort your expectations; ensure you evaluate the overall equity, benefits, and development potential of an offer.

  3. Do your diligence on runway and business models: High growth can bring volatility. When interviewing with scaling firms, ask sensible questions about how the company is funded, their current runway, and how the role you are applying for contributes directly to long-term profitability.

 
 
 

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