Financial Services Brace for More Job Cuts as Clouds Gather

Financial services firms expect rapid rise in job losses amid waning optimism

The financial services sector is facing a rapid rise in job losses as investment plans and optimism levels sink to fresh lows, according to the Confederation of British Industry (CBI)

Financial services hit by falling activity and sharp drop in sentiment - London Business News

Business volumes in the financial services sector fell at the fastest rate since December 2023 in the second quarter of 2025, according to the latest CBI Financial Services Survey. Optimism… The post Financial services hit by falling activity and sharp drop in sentiment appeared first on London Business News

Financial services brace for more job cuts as clouds gather

Financial services firms are expecting a rapid increase in jobs losses over the coming months as investment plans and optimism levels sink to fresh lows. The sector’s activity fell at the fastest rate since December 2023 in the three months to June, according to the Confederation of British Industry (CBI). This marked the first time activity in the sector has decreased in more than a year.  A sharp drop in output at banks led to the downturns as…

Financial Services Hit By Falling Activity And Sharp Drop In Sentiment

Business volumes in the financial services sector fell at the fastest rate since December 2023 in the second quarter of 2025, according to the latest CBI Financial Services Survey.