Financial Services faces worsening skills gap

Three quarters of financial services employers reported a shortage of technical skills, up 5% on 2007. The issue has become so critical it is now on the agenda in four out of five boardrooms which represents a huge increase of 20% on 2007, the survey found. Over half the employers (57%) accused the education system of failing to meet the needs of the industry with only 3% describing basic levels of education as "more than adequate". In addition employers felt that nearly two thirds (61%) of graduates struggled with even the basic skills like grammar and numeracy. These findings coi...