The number of new jobs being created in financial services in the South East has fallen by 2% against the previous six months' average, according to a new report.

Despite a record fall, it is the normal pattern for the peak holiday month of the year, according to surveyors Alexander Lloyd.

A drop in available job seekers was the major factor behind a 31% drop in vacancy fulfilment, it said.

However the report found that there are almost three-times more jobs available than this time last year.

Operations director Neil Quarendon said: "Even without the effect of the peak holiday month on the number of jobs registered and candidates available, August is still a very busy month for us in meeting clients' requirements."

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