Monday, June 9, 2014
The number of job vacancies in financial services firms has increased by 45pc since the end of the recession, a study has shown.
There are 32,000 vacancies in the sector, an increase of 6,000 over the year and 10,000 since 2009, said consultancy Procorre.
Lisa Mangan of Procorre said: “There is a sense of renewed optimism within the financial services sector as firms anticipate a return to improved profitability. Financial services companies are now turning towards growth strategies rather than looking for turnaround specialists to implement cost-cutting programmes as deals and investment return to the City.
“The retail banks are taking full advantage of the increase in activity in the mortgage market, with many seeking more staff to deal with the rush of mortgage applications.”
Question marks surround the fate of several development projects in and around King’s Lynn after the developers behind the project went into administration.