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London Finance Job Openings Fell 49% in 2020 on Brexit, Covid

  • Job openings at lowest since at least 2015, recruiter says
  • Banking industry is cutting thousands of posts worldwide

Job openings in London’s finance industry almost halved in 2020 as the uncertainties of coronavirus and Brexit discouraged hiring.

City firms advertised 16,335 new roles last year, a drop of 49% on the prior year and the lowest since at least 2015, according to data from recruitment firm Morgan McKinley published Monday.