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IVA users can benefit from the rise in job vacancies

- Thursday, 15 April 2010

An increase in London job vacancies could help those in the capital seeking IVA advice manage their debts and avoid bankruptcy.

Vacancies in the financial sector of the City have increased by more than 120 per cent since the first quarter of 2009, rising from under 5,000 to more than 11,000, according to recruitment firm Astbury Marsden.

The firm believes the job market will continue to grow, spreading from investment banking to commercial banking and traditional fund management.

Mark Cameron, the firm's chief operating officer said: "Whatever the outcome of the election in May, this surge within the City employment market is likely to continue, albeit at a more moderate pace. 2010 could prove a great year to secure a lucrative new role.”

Michael Page International, another recruitment firm, told the Financial Times that salaries were rising, as City Job candidates received multiple employment offers for the first time in two years.ADNFCR-2258-ID-19723849-ADNFCR

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