Responding to new ONS data showing the number of City of London jobs increased between 2017 and 2018, Catherine McGuinness, Policy Chair at the City of London Corporation, said:

“The fact that the number of jobs in the Square Mile has continued to grow amidst such uncertainty is a tribute to its enduring attractiveness and strengths. No longer just a world-leading hub for financial and professional services, the City has diversified and is now home to a vibrant creative and tech sector – adding further to its burgeoning offer.

“While we are pleased to see an increase of financial services jobs in the City, it is a concern that sector jobs have decreased across the UK and in wider London, particularly in the context of Brexit. Sustained uncertainty is frustrating business up-and-down the country, making everyday decisions a challenge. We know that whatever the outcome of Brexit, the UK and particularly the City, will succeed in the long-term. But in order to give the UK the best start to our post-Brexit chapter, Government must make avoiding a no-deal Brexit the absolute priority.”

Notes to editors

The City of London Corporation is the governing body of the Square Mile dedicated to a vibrant and thriving City, supporting a diverse and sustainable London within a globally-successful UK. www.cityoflondon.gov.uk