London jobs in financial services fall

LONDON’S financial services industry suffered a 29% drop in job openings in the year to June as Brexit uncertainty continues to dampen hiring in the capital.

A report by Morgan McKinley shows the number of jobs available last month dropped by nearly a third year-on-year, while those seeking jobs tumbled 35%.

The figures were slightly more promising on a month-on-month basis, with the amount of jobs available up 4%, but the report warned over celebrating too soon.

“No one should uncork any Champagne bottles just yet,” Hakan Enver, the managing director of Morgan McKinley Financial Services, said.

“Businesses still have a lot of pressing questions about their post-Brexit future.”