Have Brexit blues halted the City's recruitment buzz?

Natalie Kenway
clock • 2 min read

Many firms reaffirmed their commitment to London and the UK in the wake of the Brexit vote, and like the majority of economic data that has surfaced following June's EU referendum, recruitment activity in the City surprised on the upside.

The Morgan McKinley Employment Monitor for August showed a remarkable 4% rise in both jobs available and job seekers registering their interest, despite Brexit and the summer break. Equity markets' bounce-back since June also sparked optimism among investors and workers alike that the worst predictions of a severe Brexit fall-out may have been overplayed, while staycations allowed professionals more time to consider their careers. Asset managers shrug off post-Brexit jitters as recruitment sees 'bizarre' uptick However, Brexit fears now loom over the financial services sector and CEOs...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot