Thursday, August 11, 2016

Brexit: lower vacancies in the City of London – Boursier.com

In July, the decline was 12% compared to June and 27% in annual comparison. The decline is relative, however, compared to what was expected …

(Boursier.com) – Consequence of the vote in favor “Brexit” in Britain, the number of vacancies to City of London fell sharply from 12% in July from the previous month, according to research firm Morgan McKinley.

in annual comparison, the decline is more pronounced at 27% …

a more limited impact than expected

“the impact of the potential output of the EU the UK has had a limited effect compared to our forecasts”, however the shade Director of financial operations of the cabinet, Hakan Enver. The number of candidates is lower by 14% … The firm notes, however, that there is a seasonal effect, with the summer holidays and is expected to rebound in September.

According to Hakan Enver, we also relativize the desertion of the City … “About one million Londoners are currently working in the financial sector. only a minority of them has the opportunity to leave the country and no region can not currently compete with London in terms of numbers in the world of finance, “he argues.

new requirements

with the Brexit, the firm also notes that banks are more and more people want to hire lawyers in order to situate themselves in a very unclear regulatory environment.

more generally, financial institutions have revised their hiring projects upwards for certain specific skills ( portfolio manager, monitoring …).

  – © 2016 Boursier.com
 

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