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New jobs created in the City up by 25% on April

The number of jobs created in the City of London increased by a surprising 25% last month.

Over 4,300 positions became available in May, well up on April, although still a third down on a year ago, said recruitment firm Astbury Marsden.

Marsden's Mark Cameron said: "Although the eurozone crisis is a block to a stronger and more sustained recovery in the sector we've still seen a gradual return of confidence among City employers."