City jobs up as confidence returns



The number of new jobs created in the City of London increased by 16% last month, according to a new study.

Almost 2,500 new roles were on offer compared to 2,150 in July, even though August is traditionally a quiet period for hiring, said recruitment firm Astbury Marsden.

Chief operating officer Mark Cameron said: "This upturn in new job creation in the City, coming at a time when recruitment is generally pretty sluggish, is a positive sign that confidence is starting to return and that we may be turning that corner.

"We are seeing many employers who have been holding back from hiring, for revenue-generating front office positions such as investment bankers and traders and their IT and other support teams, now starting to feel that the time is right to start filling these roles in order to help drive business growth."

© 2013 Press Association