Banks support Tories on employment

MORE than 60 per cent of City professionals think a Conservative election victory would be good for the jobs market, a poll has found.

The data from Ambition UK also showed that the number of banking and financial services jobs in the City had soared by 150 per cent since hitting a low in the first quarter of 2009.

The poll of 700 City professionals found that 64 per cent of workers feel a Conservative victory at May’s general election will be the best outcome for the City jobs market compared with only 22 per cent who backed Labour.

Three per cent of those polled said they were unsure who would be better for the jobs market.

The Lib Democrats picked up seven per cent of the votes compared with the four per cent who believe a hung parliament will be best for the market.

Meanwhile separate figures from financial services recruitment specialist Astbury Marsden showed that City job vacancies have increased by 121 per cent in the first quarter of 2010 to 11,020 roles from 4,970 in the first quarter of 2009.

The number of candidates registering for work in the City has fallen by 21 per cent over the last two quarters.