(Reuters) - Britain's financial services sector took on new staff in the first quarter with more gains expected, a business survey said, signalling that a prolonged period of job losses may be ending. The survey from the CBI employer's lobby and consultancy PwC said sentiment in banking improved for a second straight quarter and employment grew by 2,000 in the three months to March. The same number of new jobs is expected in this quarter.
"The banks' return to confidence continues, although the improvement is less marked than in the previous quarter," said Steve Davies, a partner at PwC. "Business is expected to improve across retail, commercial and financial segments and headcount has begun to grow again," Davies added.
The Jenrick Recruitment Group, especially the IT and Commercial Divisions, have a strong client base within the Financial Services sector, especially those organisations based within central London, have also seen a similar pattern of employment demand.
"The Financial Services Industry is crucial to the performance of the overall UK economy, so this is excellent news," quoted Philip Fanthom, Managing Director of Jenrick IT.