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Evening Standard
Evening Standard
Business
Simon English

City jobs boom defies talk of Brexit exodus

UK stocks have made modest gains on the day that Chancellor Jeremy Hunt unveiled plans to overhaul post-2008 financial services regulations (Victoria Jones/ PA)

(Picture: PA Archive)

The City is defying predictions of a post Brexit jobs cull with last year seeing a record-breaking year for financial services jobs in England and Wales.

While big banks have been cutting back on staff numbers due to a dearth of deal making and new stock market floats, demand for IT staff is booming.

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