City Jobs Axe Fear As the Hiring Drops Away ; Economy

Summary


FEARS of sweeping job cuts in the City rose today as hiring levels crashed and banks delayed bringing in new staff.

The number of new job opportunities in the Square Mile and Canary Wharf plunged by a quarter last month and headhunters warned worse was to follow.

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City Jobs Axe Fear As the Hiring Drops Away ; Economy

It cast further gloom over the state of the British economy as the Bank of England met for one of the MPC's most eagerly awaited inter...

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