Financial crisis seen hitting 20,000 London jobs, page 1

Financial crisis seen hitting 20,000 London jobs

uk.reuters.com

LONDON (Reuters) - As many as 20,000 jobs in London's financial district are likely to be wiped out due to the financial crisis, a survey showed on Sunday.

With up to 400,000 people employed in London's financial district, a fall of this scale could severely affect the economy, dragging commercial property prices down and hitting related industries such as IT and telecoms, it said.

(visit the link for the full news article)


Related News Links:
news.yahoo.com
www.telegraph.co.uk

That's a heavy hit for a relatively small area. Anyone on this forum that works in that area and sees this as being viable?

uk.reuters.com
(visit the link for the full news article)

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