Money’s too tight not to mention

Every penny at financial services firms is being scrutinised, say compliance recruiters, which has led to a sluggish job market and leaner pay rises – if you’re lucky enough to get one at all.

By Esther Martin, editor.

“Everything’s coming down to budget,” says Richard Webber, a director at Twenty Recruitment: “I spoke to the managing director of a tier one investment bank and he said budgets were under scrutiny from literally the first day of this year.”