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City of London jobs rise by 3,100

Credit: PA

The number of new jobs in the City of London increased by almost a fifth last month compared to this time last year.

A study by recruitment firm Astbury Marsden found there were 3,100 new roles in February despite investment banks cutting jobs.

A strong global equities market and positive economic noises emanating from the US and the Eurozone contributed to increased hiring activity in February. "As the oil price stabilises and concerns over a Greek exit from the Eurozone subside at least temporarily, the markets have bounced back in recent weeks which in turn has had a positive impact on hiring at the investment banks.

– Christopher Adeyeri, Astbury Marsden

The report added that City hiring activity is expected to be boosted in the coming weeks as the investment banks sign off their headcount for 2015.

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One year since aquatic centre opens to the public

The London Aquatic Centre in Queen Elizabeth Olympic Park Credit: Stefan Rousseau/PA Wire

Today marks one years since the London Aquatics Centre first opened to the public, following modifications after the 2012 Olympic Games.

Since 1st March 2014, the centre has hosted numerous high-profile events including the World Diving Series, the Invictus Games, Sport Relief and National Paralympics Day.

It is now home to the Tom Daley Diving Academy and served as a 2014 Commonwealth Games training base.

The centre received 640,000 visitors between 1st March and 31st December 2014. Since it opened to the public, nearly 3,000 young people have joined the London Aquatics Centre Swim School programme and 300 primary school pupils per week attend a new school swimming initiative at the centre.

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New 'Boris Bikes' sponsor to be announced

'Boris Bikes' Credit: Reuters

The next sponsor of the capital's cycle-sharing scheme will be announced later today. Coca-Cola is one of many international companies bidding to replace Barclays as the commercial logo on the so called Boris Bikes. The new brand will be introduced next year after Barclays ends its association with the scheme.

TUC urges government to do more to increase wages

The TUC are calling for the government to increase the minimum wage and do more to encourage businesses to pay their staff the living wage.

Geoff Tily, Senior Economist at the TUC said it was time for the government to take decisive action to help working families living in poverty due to low pay.

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