{"id":7418,"date":"2020-02-25T10:06:32","date_gmt":"2020-02-25T10:06:32","guid":{"rendered":"https:\/\/www.openbusinesscouncil.org\/?p=7418"},"modified":"2021-04-05T12:43:21","modified_gmt":"2021-04-05T12:43:21","slug":"working-in-the-uk-the-top-5-fastest-growing-sectors","status":"publish","type":"post","link":"https:\/\/www.footballthink.com\/working-in-the-uk-the-top-5-fastest-growing-sectors\/","title":{"rendered":"Working In The UK: The Top 5 Fastest-Growing Sectors"},"content":{"rendered":"
\"Working
Working In The UK: The Top 5 Fastest-Growing Sectors<\/figcaption><\/figure>\n

The business landscape is constantly changing. The industries that may have dominated in one era might be inconsequential in another, and those niche sectors that were insignificant ten years ago are now the giants of today\u2019s economy.<\/p>\n

Amid all that change, it can be tricky to know which industries have a bright future. After all, a person’s career is an investment, so they want to be sure they\u2019re making the right choice when taking a new role.<\/p>\n

Therefore, the right choice of the\u00a0best cover letter writing services<\/a>, as well as the choice of the company itself, is equally important<\/p>\n

To shed some light, we looked into five of the UK\u2019s fastest-growing sectors to show how exciting change can be \u2014 and to identify the key opportunities for the next dream job.<\/p>\n

\"\"<\/a><\/p>\n

1. Transport and logistics<\/h2>\n

A recent study, commissioned by Love Energy Savings, on the progression of UK business\u00a0found that transport and logistics was a rapidly expanding industry. The annual number of road freight logistics businesses that were founded skyrocketed by 229% between 2012 and 2016.<\/p>\n

Today, transport businesses are doing particularly well in the North West. With 15,590 transport businesses in operation. That\u2019s nearly 24% more than in London.<\/p>\n

The biggest opportunity for job roles in transport currently is in data analysis. With logistics becoming smarter and more expansive than ever in the era of e-commerce, data management will play a crucial role in upholding efficiency as operations continue to increase in size. That\u2019s great news for IT and maths graduates who are keen to sink their teeth into some complex problem-solving.<\/p>\n

2. FinTech<\/h2>\n

\u2018FinTech\u2019 is a term that gets thrown around a lot in the business world. It stands for \u2018Financial Technology\u2019, and it\u2019s set to dominate the UK economy in 2019 and beyond.<\/p>\n

A survey by the London Stock Exchange<\/a> found that UK-based FinTech companies expect a staggering 88% growth between 2018 and 2021. 38% of those surveyed said they\u2019d choose London as their top destination, second only to New York. This comes on the back of the government\u2019s ambition for the UK to lead the world in progressive banking following fallout from the 2008 financial crisis.<\/p>\n

As a result, it\u2019s easier for UK-based FinTech firms to raise money through the public markets than it is for those in other countries, leading to rapid growth in the sector \u2014 and plenty of job opportunities, too.<\/p>\n

FinTech roles are ideal for anyone with a background in web development or finance. And with loads of funding available through things like the government\u2019s tech startup funding competition, Innovate UK<\/a>, there are plenty of resources available for you to start your own FinTech business.<\/p>\n

\"A
A survey by the London Stock Exchange found that UK-based FinTech companies expect a staggering 88% growth between 2018 and 2021<\/figcaption><\/figure>\n

3. Construction<\/h2>\n

The examination of businesses in 2019 also found that UK construction has seen strong growth in recent years. Between 2016 and 2018<\/a>, there were an additional 30,000 construction businesses born \u2014 \u00a0a growth of 10% \u2014 which now means the construction industry accounts for 12.4% of all UK businesses.<\/p>\n

The UK government notes that construction output reached an all-time high in November 2018, exceeding \u00a314 billion for the first time since monthly records began in 2010. Though there was a slight dip in December, the new year put things right back on track, with output increasing by \u00a3371 million in January 2019.<\/p>\n

The largest increases in opportunity were in non-housing repairs and maintenance, which increased by \u00a3217 million. For anyone with a background in engineering, architecture or building work, now\u2019s the ideal time to get into a booming industry.<\/p>\n

4. Digital marketing and advertising<\/h2>\n

The digital marketing and advertising sector has been growing rapidly for the last decade \u2014 and shows no signs of slowing down.<\/p>\n

The beginning of 2019 marked the 21st consecutive quarter of market growth<\/a>, with advertising spend rising by 5.1% year-on-year to reach \u00a35.6bn in Q3 of 2018.<\/p>\n

And it\u2019s not just paid advertising that\u2019s set to grow. Services like social media and content marketing are also expanding, meaning that the industry remains varied enough for those with Maths, English and Graphic Design degrees.<\/p>\n

Filmmakers are also in high demand as visual media continues to soak up marketing spend, increasing by 40% in 2018 versus 2017.<\/p>\n

5. Energy<\/h2>\n

Contributing \u00a326 billion to Britain\u2019s economy, energy is a buoyant sector on all fronts. The most significant growth, though, is in green energy. By 2020, the government\u2019s plan is for 15% of all energy consumption to stem from renewable resources, which has spurred significant investment into UK-based sustainable energy companies.<\/p>\n

As a result, it\u2019s estimated that the UK\u2019s renewables industry could support up to 400,000 jobs by the end of next year.<\/p>\n

\u201cIt\u2019s never been more exciting to work in the energy sector,\u201d<\/em> says Phil Foster, CEO of Love Energy Savings. \u201cThere are more renewable energy businesses than ever before, which is creating a highly competitive market and driving down the costs to businesses as a result. <\/em><\/p>\n

\u201cNew technologies are a really promising area, too. We recently secured a \u00a325 million investment from LDC (part of the Lloyds Banking Group), which we have invested back into the business with a focus on our proprietary technology, which has generated a host of new technical roles.<\/em><\/p>\n

\u201cThe more innovative energy companies become, the more jobs there will be, and the more the energy industry will grow as a result.\u201d <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The business landscape is constantly changing. The industries that may have dominated in one era might be inconsequential in another, and those niche sectors that were insignificant ten years ago are now the giants of today\u2019s economy. Amid all that change, it can be tricky to know which industries have a bright future. After all, […]<\/p>\n","protected":false},"author":7,"featured_media":7419,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":""},"categories":[3585],"tags":[],"acf":[],"yoast_head":"\nWorking In The UK: The Top 5 Fastest-Growing Sectors - OpenBusinessCouncil Directory<\/title>\n<meta name=\"description\" content=\"We look into five of the UK\u2019s fastest-growing sectors to show how exciting change can be and to identify the key opportunities for those working in the UK\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.technologyhq.org\/top-5-fastest-growing-sectors-to-work-in-uk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Working In The UK: The Top 5 Fastest-Growing Sectors\" \/>\n<meta property=\"og:description\" content=\"We look into five of the UK\u2019s fastest-growing sectors to show how exciting change can be and to identify the key opportunities for those working in the UK\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.technologyhq.org\/top-5-fastest-growing-sectors-to-work-in-uk\/\" \/>\n<meta property=\"og:site_name\" content=\"OpenBusinessCouncil Directory\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-25T10:06:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-04-05T12:43:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.footballthink.com\/wp-content\/uploads\/2019\/06\/working-in-the-uk.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hernaldo Turrillo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hernaldo Turrillo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.technologyhq.org\/top-5-fastest-growing-sectors-to-work-in-uk\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.footballthink.com\/working-in-the-uk-the-top-5-fastest-growing-sectors\/\"},\"author\":{\"name\":\"Hernaldo Turrillo\",\"@id\":\"https:\/\/www.footballthink.com\/#\/schema\/person\/b9610afd0759dc701187a7f622375c23\"},\"headline\":\"Working In The UK: The Top 5 Fastest-Growing Sectors\",\"datePublished\":\"2020-02-25T10:06:32+00:00\",\"dateModified\":\"2021-04-05T12:43:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.footballthink.com\/working-in-the-uk-the-top-5-fastest-growing-sectors\/\"},\"wordCount\":908,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.footballthink.com\/#organization\"},\"articleSection\":[\"Business Resources\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.technologyhq.org\/top-5-fastest-growing-sectors-to-work-in-uk\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.footballthink.com\/working-in-the-uk-the-top-5-fastest-growing-sectors\/\",\"url\":\"https:\/\/www.technologyhq.org\/top-5-fastest-growing-sectors-to-work-in-uk\/\",\"name\":\"Working In The UK: The Top 5 Fastest-Growing Sectors - 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He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. 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