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London Banking Job Vacancies Drop 42%

Britain's banks and financial services firms have axed the number of job vacancies across London as they struggle to keep costs down following increased regulatory expenses and fines stemming from a variety of scandals.

London on Track for World Tourism Crown in 2013

The number of visitors flocking to London last summer soared by a massive 20 percent, leading tourism chiefs to predict that the total tally for 2013 will tip over the 16 million mark, making it the most popular city to visit in the world - superseding Paris and New York.