City job numbers are expected to fall to their lowest level in two decades next year as banks and investment houses continue to make deep cuts to ailing operations, according to a study. The number of people employed in the financial sector in London, excluding most accountants and lawyers, has already sunk below 250,000 this year, 11% down from last year. It was more than 350,000 before the financial crisis struck. The Centre for Economics and Business Research (CEBR) suggests the City is being forced to shed jobs against a backdrop of depressed trading in currencies, gilts and equities, as well as a sustained ... (full story)