11,000 jobs to go in City’s financial services sector
London, Monday, March 31, 2008 ARANCA News Report (www.aranca.com) :The City of London is expected to experience a surge in the number of redundancies in the financial services sector during the next three months.
According to the Confederation of British Industry (CBI) by Mid-May as many as 11,000 jobs in the field could be shed.
This is likely to be in addition to the 9,000 jobs which have already been cut in the final quarter of last year, City AM reports.
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