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Deals boom pushed banking jobs up 129% to pre-pandemic hiring levels

London saw 29,000 new banking jobs published in 2021, a 96% rise compared to 2020

Overall, London saw 29,000 new banking jobs published in 2021, a 96% rise compared to 2020
Overall, London saw 29,000 new banking jobs published in 2021, a 96% rise compared to 2020 Photo: Richard Baker/Getty Images

Vacancies in the banking sector hit record levels over 2021, up 129% from 2020, with high street banks making a dramatic push into hiring at pre-pandemic levels.

Hiring seemed to not affect the City, despite the unresolved plans for the financial services sector in a post-Brexit era, according to a report from Morgan McKinley and Vacancysoft, though the fourth quarter of 2021 saw a 5% dip in vacancies compared to other quarters.

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