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UK employers are set to take on new workers at their slowest rate in six years in the wake of the credit crisis, recruitment firm Manpower has said.
Hiring confidence among employers in finance and business services eased by a "significant" 12 percentage points from the final quarter of this year, Manpower said.
In October, the Centre for Economics and Business Research said that it expected 6,500 City jobs to be lost in 2008, with cutbacks most pronounced in investment banking.