A study has found that financial companies in the UK hired an additional 10,000 staff in the three months to December 2013.

 

According to the survey, by the Confederation of British Industries (CBI) and PricewaterhouseCoopers (PwC), an additional 15,000 jobs in the financial services industry will be created between January and March 2014.

 

This would take the number of financial services jobs in the UK up to 1.16m, still 52,000 fewer than in 2008.

 

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Matthew Fell, CBI director for competitive markets said: "As the recovery takes root in the wider economy, it is beginning to feed through to financial services firms.

 

"Things are starting to look more ‘normal’ after five years of volatility."

 

Fell also said: "All the key indicators-optimism, business volumes and profitability-are up.

 

But it’s particularly encouraging to see longer-term confidence indicators like marketing spend, employment and investment spend also rising strongly."

 

Hank Enver, operations director at Morgan MicKinley financial services said: "We predict continued optimism in the City.

 

"With the EU also improving, here is certain to be a positive knock-on effect on City employment."

 

 

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