London sees banking jobs jump by a third

The number of jobs created in the City of London – the UK’s financial heart – increased by a third last month to more than 4,000, a new study has shown.

London's enjoyed a sharp rise. Picture: Getty
London's enjoyed a sharp rise. Picture: Getty

Recruitment firm Astbury Marsden said the jobs boost followed strong financial results in the first quarter of the year by major United States and European investment banks.

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Adam Jackson, managing director of Astbury Marsden, said: “The big investment banks are reporting a revival in trading volumes as clients adjust their investment strategies to reflect diverging monetary policies.

“It’s impossible to predict how long these higher trading volumes will be sustained.”

Picture: Getty Images