![]() Telegraph.co.uk | London Faces Brunt of Job Cuts as Economy Weakens (Update1) Bloomberg - By Jennifer Ryan May 9 (Bloomberg) -- London's financial-services industry will cut 10000 jobs in the next three years as banks and insurers respond to the ... City of London to lose 10000 jobs in next three years Credit crunch to claim 40000 financial jobs Crunch closes north-south growth divide |