Four years ago, London had more than 350 open positions for finance analysts. Today, that number sits around 80. That is not a cyclical dip. That is a profession being quietly hollowed out.

Bloomberg reported on June 14 that AI adoption is rapidly erasing white-collar roles across London’s financial sector, with finance analyst openings declining nearly 80% in four years.

The numbers behind the squeeze

McKinsey found that UK online job listings for occupations with high AI exposure, including finance and technology roles, dropped 38% between May 2022 and May 2025. Roles with lower AI exposure saw a comparatively modest 21% decline over the same period.

Banks are not hiding the playbook