Report sheds light on ‘cataclysmic year’ for Scotland’s finance sector

The impact of Covid-19, Brexit and the climate crisis are accelerating changes to the make-up of Scotland’s financial sector, according to Core-Asset Consulting’s latest report.

It comes as the recruiter posts a 28% fall in new vacancies during 2020, along with a 10% drop in new candidates – suggesting constrained opportunities and reduced movement in the jobs market.

Betsy Williamson, the founder and managing director of Core-Asset, said: “The last 12 months have changed the face of the sector forever – we’ve seen social and economic changes take place at a velocity unlike anything previously experienced.

“For instance, we’re on a knife-edge when it comes to gender diversity and equality of opportunities – women in senior roles could be hit hardest, as they’ve worked so hard to get to those roles, but many are now carrying lots of extra responsibilities.”

Williamson said this should be taken as a warning, with

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