Morgan McKinley said the number of jobs available in November 2018 fell by 39 per cent on the same month last year, and by four per cent on the previous month.

Meanwhile, the number of professionals seeking jobs in November 2018 had fallen by 28 per cent on the last year, and by 14 per cent on the month before.

Hakan Enver, managing director of Morgan McKinley, said: “Brexit has taken a considerable bite out of banking jobs and with an ambiguous Brexit deal on the table, the City’s bracing for more pain ahead.”