City recruitment freeze begins to thaw

A pick-up in the jobs market in June has held steady throughout July, once the traditionally slow summer season is taken into account, figures from City recruiter Morgan McKinley reveal. The number of new job opportunities in July within London's financial services sector dipped 7% compared to the previous month. However, despite this fall, the July figure is still the second highest number of new jobs recorded in any one month this year, after June's high. Morgan McKinley believes the City was affected by seasonal factors last month rather than further weakening in the hiring market....