The financial services industry is gearing itself for a recruitment boom, according to the Confederation of British Industry.
The CBI and PricewaterhouseCoopers survey of 146 companies shows 45 per cent are expecting to take on more staff with 9 per cent looking to reduce their staff.
Banking, insurance venture capital and securities sectors is expecting a net creation of new jobs following an unpredicted rise in employment over the fourth quarter of 1999.
PricewaterhouseCoopers financial services partner Lindsay Gardiner says: “Its not a crisis but most organisation have vacancies. If growth continues there will be pressure on resources.”