London’s Vanishing Jobs

The drop in new vacancies is partly seasonal, but also reflects concern over Brexit

Job vacancies in London’s finance industry slumped 52 percent in December, the most in three years. While part of the decline is seasonal, according to recruitment firm Morgan McKinley, it also reflects frustration at the lack of progress in carving out a Brexit divorce agreement. “Such a seismic drop is alarming,” Hakan Enver, the company’s operations director, said in the report.

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