Hiring in the City of London is set to increase in the second half of the year, according to the majority of respondents to the latest recruitment survey from consultants Morgan McKinley, while the issue of remuneration will remain at the top of financial firms’ agendas.

Just under half, 47%, of the 194 human resources and hiring managers surveyed said they anticipated a rise in recruitment in the second half. Andrew Evans, managing director at Morgan McKinley, said: "As anticipated at the start of the year, hiring in 2010 was expected to rise significantly compared to 2009 levels and this has proven to be the case."