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London 'to be finance jobs leader in 2025'

Friday 08 October 2010 by

London will be a world leader in finance jobs within the next 15 years, according to a recent poll.

Taken at an event hosted by mayor of London Boris Johnson and PricewaterhouseCoopers' (PwC') chairman Ian Powell, the survey asked 90 private, public and third-sector audience members their opinions on opportunities in the capital.

Those present displayed optimism for the financial services sector, with 82 per cent stating the city will be in a dominant position on the international stage in the sector by 2025.

Despite the results, partner at PwC Keith Mansfield said the UK must not get complacent and needs to invest in the employment market to remain current.

His comments followed statistics recently published by the organisation showing 24 per cent of UK employees are looking for a new job because they feel underpaid.

"If the UK is to thrive as a world leader in financial services ... a highly-skilled workforce is needed and yet this is also the number one threat to London’s competitiveness," Mr Mansfield explained.