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London's financial sector lost 18% of jobs in late 2024, facing economic and tech challenges.
The financial services sector in London saw a significant downturn in 2024, with jobs dropping 18% in the last months and 12% annually.
Factors include economic volatility, geopolitical uncertainty, and tech disruption.
High interest rates and increased National Insurance costs have strained businesses, leading to hiring freezes and cautious outlooks for 2025, despite some tax relief measures.
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El sector financiero de Londres perdió el 18% de los empleos a finales de 2024, enfrentando desafíos económicos y tecnológicos.