Job vacancies in the City “fall after Brexit vote”

England’s financial sector dropped more than 10% of its job vacancies after the Brexit vote over passporting and single market concerns, says the Institute of Public Policy (IPPR).

“[It is] striking as it is the only year in the past four where this trend has occurred,” the IPPR said.

There was a 13.6% drop in job adverts in London, including for administrators, managers and chief executives in the region from July to August.

“As one of our largest sectors, the financial sector is vital to the wider wellbeing of our economy,” said Clare McNeil, IPPR associate director.

“The Prime Minister needs to end doubts around whether the government will pursue access to the single market and passporting rights as high priorities in the Brexit negotiations.”

(Pic: GazKinz)

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