The heart of the City is beating again as financial services vacancies head in the right direction.

According to recruitment consultant Morgan McKinley, the number of new job vacancies in the City and elsewhere in the London rose to 5,733 in May from 3,150 a year earlier whilst the number of people seeking new jobs fell about 2 percent to 11,730, their survey showed.

“Hiring activity shows a gradual upward trajectory despite the distractions of a change in government and the continuing euro-zone issues,” according to Andrew Evans, managing director of Morgan McKinley’s financial services division.  (Bloomberg)