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Seminar hosted to talk finance sector skills

Published: Friday, 11 January 2008   Category: Graduate Job sector Reports

The minister of skills David Lammy was joined at a seminar about the finance sector's skills challenge by union leaders and employers today.

Hosted by unionlearn, the TUC's organisation for learning and skills, the meeting was put in place to try and solve the potential problem of a skills shortage in the finance sector in the UK.

David Lammy said at the meeting: "The finance sector is at the heart of the British economy, and continued skills development in the sector is vital to our success and prosperity. It is good to see the FSSC working closely with Unite and the Alliance of Finance to promote the skills agenda in the sector, to ensure that every employee has access to high quality training."

Although the finance sector has grown by 5.5 per cent in the last 4 years, a recent Treasury review said that the sector was vulnerable to offshoring, prompting the seminar.

The TUC represents over six and a half million workers in the UK.

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