Less jobs and more competition in the City of London

The number of highly qualified staff for one vacancy in the City of London hit the record of the last two years, reported financial services recruitment firm. At the moment there are 5 professionals for each vacancy as compared to 1.7 candidates in the beginning of 2010, according to Astbury Marsden. Banks are decreasing jobs eyeing the global slowdown of the UK economy and spreading Eurozone crisis.