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Financial services poised for jobs boom

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.”



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