22

MAY

Hiring Plans

Posted in: Blog

The hiring plans of the finance sector is the primary reason London has seen a 17 per cent month-on-month increase in available jobs, a Morgan McKinley Financial Services report explained.

It’s an indication that interest in the UK remains – and that companies are done reading tea leaves to see what lies ahead, as was made evident by recent hiring plans. 

In its latest London Employment Monitor, Morgan McKinley Financial Services explained London companies were moving forwards with hiring plans, leading to a 17 per cent month-on-month increase in available jobs.

More specifically, this growth is being fuelled by increased jobs in fintech, regulatory finance and risk management. And according to the CEO of Robert Walters, who lent his name to the company, more senior specialised areas seem to be reviving as well.

Walters is also of the belief that the recruitment drive reflects a desire to remain competitive and adapt to industry trends. “When one bank hires in a certain specialised area, then all banks do.”

As for the bosses taking part in Morgan McKinley’s report, it seems they are looking for the best of both worlds by keeping their foothold in London and expanding operations to other European financial hubs. This, the report maintained, was due to investor interest in British business.

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