The number of confirmed job offers within financial services rose by 7%, according to research from City pre-employment screening firm Powerchex.

The increase was confined to insurance firm recruitment drives with a massive 58% increase in recruitment in February, compared to the previous month.

Alexandra Kelly, managing director and founder of Powerchex and also managing director of HireRight’s pre-employment screening operations in EMEA, says: “I am encouraged by the overall recovery within financial services, even if this is down to increased hiring in just one industry sector.”