Sharp drop forecast in finance jobs
Source: Bloomberg News |
November 7, 2012, Wednesday
|
Print Edition
Print Edition
EMPLOYMENT in London's financial-services industry may tumble to a 20-year low in 2013 as a slump in equity and foreign-exchange trading and mergers triggers job losses.
Positions in the City and Canary Wharf financial districts may fall to a revised estimate of 237,000 in 2013, compared with 256,000 predicted six months ago, the Centre for Economics and Business Research said yesterday. It would be the lowest since 1993.
Positions in the City and Canary Wharf financial districts may fall to a revised estimate of 237,000 in 2013, compared with 256,000 predicted six months ago, the Centre for Economics and Business Research said yesterday. It would be the lowest since 1993.
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