Home Business NewsFinance Number of new City jobs at 18-month high as compliance booms

Number of new City jobs at 18-month high as compliance booms

by LLB Reporter
3rd Feb 14 9:37 am

The number of new jobs created in the City of London in January was the highest it’s been for a year-and-a-half, according to research by Astbury Martin.

There were 3,350 new jobs created in the City last month, according to the firm’s research.

The report noted, though, that the surge was a result of jobs created in compliance rather than a pick-up in business and customer demand.

Mark Cameron, chief operating officer, said: “Optimism is high that the improvement in the City jobs market is part of a sustained recovery rather than a short-term bounce in business activity.

“However, speculation is mounting over redundancies from at least one of the world’s largest investment banks and recent shocks in the emerging markets suggest that the jobs recovery won’t be a walk in the park.”

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