London financial job vacancies dropped by 20% in Q4 2024, hitting a 4.5-year low.

From Investing.com: 2025-01-13 01:06:07

Job vacancies in London’s financial sector dropped by 20% in Q4 2024, hitting lowest levels since June 2020. Morgan McKinley reported 3,664 job postings, down 12% from Q4 2023 and 28% for the whole year. Industry faces challenges like economic volatility and tech disruptions, as optimism among UK financial firms drops sharply.

CBI survey shows business outlook for UK financial firms at a two-year low, with concerns about increased costs from the autumn Budget. Director at Morgan McKinley, Mark Astbury, attributes hiring slowdown to London’s declining appeal as a stock market listing venue. Urges government to restore London Stock Exchange’s appeal to prevent capital flight.



Read more at Investing.com: London financial job vacancies hit 4.5-year low in Q4, says recruiter By Reuters