Scotland May Lose 3,000 Finance Jobs in 2010, Item Club Says

Scottish financial-services companies may cut 3,000 jobs in the next year as the country’s economy lags behind that of the U.K. as a whole, Ernst & Young LLP’s Scottish Item Club said.

Scotland lost 4,300 finance positions in the 15 months through June and will suffer further staff reductions as banks restructure, the group, which uses the same economic model as the U.K. Treasury, said yesterday in an e-mailed statement.


Go to Source

Related posts:

  1. A Reader Asks "How Did 558,000 People Lose Their Jobs When Only 190,000 Jobs Were Lost?"
  2. US Banks to Lose or Write Down $470 billion Thru 2010
  3. Taxpayers lose $61B on AIG, auto bailouts
  4. Tech Tickers: Bank Lending, Jobs, 2010 Forecast
  5. Warrants Remain an Issue for US Banks Exiting TARP

Leave a Reply

Special Offers
Categories
Pages
Tags