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  • Writer's pictureKenneth Gibson MSP

Scotland’s Financial Services Success


On Tuesday, Scottish Financial Enterprise (SFE), the industry body for Scotland’s financial services industry, hosted their third Summer Reception at the new Barclays Campus in Glasgow.

The event was held to celebrate the Glasgow growth story and inform about the key skills challenges for Scotland’s financial services sector in 2022 and beyond.


The event brought together leading figures from the financial services sector with politicians from across the political spectrum, to celebrate the city’s unique success as a financial centre and discuss some of the skills challenges that could hold back further success.

Scotland is a leading financial hub; second only to London in the UK, and one built on 350 years of world-leading expertise, sustaining around 160,000 jobs.

As the industry body for Scotland’s financial and related professional services industry, SFE and their CEO Sandy Begbie drew attention to this impressive rise and outlined plans to maintain forward momentum.

This includes SFE’s recently launched Skills Action Plan developed by the industry with the aim of filling 50,000 roles in the next three years.

Kenneth commented:

“Glasgow’s financial services industry is growing rapidly, employing people from across the West of Scotland including many of my Cunninghame North constituents.

“It is encouraging to see this year’s edition of the internationally recognised Z-Gen Global Financial Centres Index putting Glasgow behind only London and Edinburgh in the UK, and making it the joint-biggest climber in Western Europe.

“With the skills and talent we have in Scotland, our financial services industry in Glasgow will make further progress in the years to come, helping to deliver well paid employment for thousands greater prosperity for us all.”

More info on SFE’s Skills Action Plan can be found via tinyurl.com/55cszbdy


ENDS

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Kenneth Gibson SNP

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