/24-7PressRelease/ - LONDON, UK, April 19, 2008 - According to the Centre for Economic and Business Research (CEBR) Ltd. the credit crisis may lead to almost 20,000 job losses in London's financial-services industry over the next two years, more than were cut in the dot-com crash and this scenario surely would affect the financial solutions UK clients.
A CEBR report was published on 13 April 2008 which said that the number of jobs in the industry may drop to 342,000 this year and 334,000 in 2009, compared with 351,000 in 2007. The report further added that employment in London's financial services may not return to 2007's level until 2012 and more than 15,000 jobs were lost in the collapse of the dot-com bubble in 2000.
The not so good news for financial solutions UK clients is that corporate finance, investment banking and derivatives will be the most badly affected.
â œThe credit crunch has made it more difficult for banks to secure funds and activity in profitable sectors like mergers and acquisitions has ground to a halt,'' CEBR economist Richard Snook said. â œSubstantial job losses are inevitable.''
But, still various financial solutions UK options would be available online so that UK citizens can check about various investment options over the Internet. They can check about different options which would not be affected by this credit crisis.
For information visit: http://www.indexam.com/index.php/page_id/89
Index Asset management is a growth oriented company that offers a varied range of investment services to it clients on a global level. It is an Investment Solutions Company that provides services including wealth management asset management and many.
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