City: The place to be for graduates - graduate jobs

Job-seeking graduates may want to gravitate towards the City of London, as 4,000 job vacancies arose there in January alone.

The flurry of new posts was prompted by active hiring among small and medium-sized banks and fund managers, research suggests. However, while up from 1,490 in December 2011, there are still 25% less vacancies than a year ago.

The findings came to light in research by recruitment firm Astbury Marsden.

Mark Cameron, chief operating officer at the firm, said: "Some of the more nimble and ambitious City firms see the current market as a good opportunity to build their businesses and expand operations.

"With recent widespread redundancy programmes and many of the biggest banks withdrawing their horns, many firms have realised that there is now a wide pool of talented bankers that they may not have been able to recruit a year ago.

"Those employees that have stayed put for some time to see out the downturn will still be harbouring ambitions to move on."

Copyright Press Association 2012