EU nationals jobs lift

tHE number of City job seekers rose last month as EU nationals scrambled for work in hopes of securing UK residency ahead of Brexit – but recruiters warn the square Mile is still ‘haemorrhaging talent’ as a result of the referendum result.

the latest London employment monitor by recruiter Morgan McKinley recorded a 12pc month- on-month rise in professionals seeking jobs in July, which compares to a 14pc drop during the same period last year.

Hakan Enver, Morgan McKinley’s operations director for financial services, said it was probably a reaction to government plans to end freedom of movement by the Brexit negotiation deadline in March 2019.