TimesOnline: More jobs in the City than during the dotcom boom years
THE soaring stock market and the boom in mergers and acquisitions has pushed the number of City jobs to record levels, new figures show. The Centre for Economics and Business Research (CEBR) says the number of “City-type” jobs, in financial and professional services, rose to 327,600 last year, up 11,600 on the previous year. This beat the record established at the height of the dotcom boom. The CEBR predicts a further rise this year and next. A separate CEBR report to be published this week says the jobs boom will help fuel a rise in house prices in the capital of up to 7%.