We seem to be in a financial crisis at the moment. The Eurozone, ECB and IMF have pledged billions to support Greece, for example. Here in the UK we have a new government (a coalition between the Conservatives and the Liberal Democrats), and we are all expecting cuts in the public sector in order to reduce the UK deficit and debt. 

However, things are looking up for the financial sector, based in London. According to the Financial Times (13 April 2010), job vacancies have increased by 120% in the first quarter. Apparently, there are 53,000 vacancies so far this year (a 26% increase over the 2009 figure of 42,000).

If my memory serves me right, it was said that London lost about 70,000 jobs in the financial sector during the recession (from 350,000 to 280,000).

The new figures suggest that London is on the way back!

Mark.