Ahhh, isn't that cute? The industry that caused the global recession has bounced back. Pay is better than ever and now the jobs are there too. And heck, the politicians who ushered in the policies are mostly around or at least considered respectable elders who still command massive consulting fees. No wonder they want to roll back even minor changes to regulations. They did as they pleased and got away with it, unscathed.
Volumes of business across the UK financial services sector slowed in the three months to June but jobs jumped, a survey published by the Confederation of British Industry (CBI) revealed on Monday.
But recruitment in the sector rose unexpectedly in the quarter, to its highest level since before the financial crisis began in September 2007, the PriceWaterhouseCoopers (PwC)/CBI report added.
