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Realistbear

15% Rise In Financial Jobs For City

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http://www.bloomberg.com/news/2011-05-16/london-finance-job-openings-climbed-15-in-april.html

Job Vacancies in London’s Finance Industry Rose 15% in April, Survey Says
By Gavin Finch - May 17, 2011 12:01 AM GMT+0100
..../
The number of people seeking jobs fell 17 percent to 13,110 in April from a month earlier, Morgan McKinley said. Average City salaries
slid 4 percent
last month to 52,228 pounds ($84,724), the survey showed.

Wont do much for HPI then? :( *

* :lol:

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http://www.bloomberg...5-in-april.html

Job Vacancies in London's Finance Industry Rose 15% in April, Survey Says
By Gavin Finch - May 17, 2011 12:01 AM GMT+0100
..../
The number of people seeking jobs fell 17 percent to 13,110 in April from a month earlier, Morgan McKinley said. Average City salaries
slid 4 percent
last month to 52,228 pounds ($84,724), the survey showed.

52,000 average... Impossible.... Mean or median? What do these guys say?

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...is it too high or too low for you....?..... :unsure:

Well, I guess it could be about right but there are a lot of ppl working in shops and cleaning streets, etc. Means office workers must be on at least £65+, or do they not consider these people?

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At least in IT it's not unheard of of earning less than 50k in the city, would you believe...

I see lots of positions advertised for less than 50k, and they're not even particularly junior positions.

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52,000 average... Impossible.... Mean or median? What do these guys say?

Sounds like a lot of diverse jobs and ages averaged together to a meaningless number.

An 18-year old receptionist, a 21-year old intern and a 50-year old investment banker working for the same firm might average to £52k whilst earning much more or much less.

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Well, I guess it could be about right but there are a lot of ppl working in shops and cleaning streets, etc. Means office workers must be on at least £65+, or do they not consider these people?

...here are the figures for 2002 ....certainly on the way down since then .... :rolleyes:

Workers in the City of London earn an average of £971 a week, up nine per cent on last year and £600 more than the average wage in Cornwall and Devon, figures released yesterday showed.

Workers in the City of London earn an average of £971 a week, up nine per cent on last year and £600 more than the average wage in Cornwall and Devon, figures released yesterday showed.

At £58,980, average salaries in London's financial district are the highest in Britain, according to the Office for National Statistics. The average salary in Britain is £24,603. Across London the figure is £34,762, in Scotland £22,016, in Wales £20,758 and £18,000 in the extreme South-West. In the City of London, the average gross weekly wage is pushed up by the six- and seven-figure salaries of leading bankers, lawyers and senior executives. Here the top 10 per cent of earners are paid more than £1,668 per week – a figure which is most closely rivalled in nearby Tower Hamlets, where the wages of Canary Wharf high-fliers exceed £1,368 a week.

The pay gap in the City remains startling, with the average male wage of £1,148 far outstripping the £690 paid to women because of the bigger pay rises and faster promotion enjoyed by professional men.

Elsewhere in London, employees working in the boroughs of Westminster and Camden have average weekly wages of £716 and £657. Outside the capital, the high-technology, high-productivity industries of the Thames Valley offer the best rates of pay.

http://www.independent.co.uk/news/uk/home-news/acircpound58980--the-average-salary-for-workers-in-the-city-602963.html

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At £58,980, average salaries in London's financial district are the highest in Britain

Good god!!!! I started working in the city about then and there was no way I was earning that. Just started earning around there about two years ago but it has taken a while to get there.

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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