In July there was a 12 per cent month-on-month rise in applicants for jobs in the City CHRIS RATCLIFFE/BLOOMBERG/GETTYThe number of people looking for a job in the City rose last month as European Union citizens rushed to find employment in the hope of securing residency in the UK ahead of Brexit, according to a recruitment agency that specialises in the Square Mile. There was a 12 per cent month-on-month rise in those seeking jobs in London’s financial industry in July, compared with a 14 per cent drop during the same period last year, according to Morgan McKinley. Hakan Enver, the company’s operations director for financial services, said that this was likely to be a reaction to plans to end freedom of movement to Britain from the EU by March 2019. “EU nationals who want to stay in Britain have a shrinking window…

Source: The Times August 14, 2017 23:03 UTC