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Comments are closed. IT loses out to finance in ScotlandOn 2 May 2000 in Personnel Today Previous Article Next Article Scotland’s booming financial services sector is resulting in a widespreadshortage of IT professionals according to a leading Scottish recruitmentcompany.Edinburgh-based Melville Craig, whose turnover has grown from £2m to £50m in10 years, says that demand for staff to work in the Internet and e-commercesectors – particularly relating to the financial sector – is producing a skillsshortage. This is driving up wages for staff and leading to gaps being filledby foreign staff. The company foresees a crisis in the next couple of years if action is nottaken to fulfil the growing demand. Liz Donnelly, Melville Craig IT director, explained, “This is a skillsshortage which has become more apparent as projects which were put on holdwhile we were in the pre-millennium period are being pushed forward. The demandfor individuals with Internet development skills, particularly with computerlanguage, are now at a premium.”She added, “This is a global issue, but there are initiatives beingundertaken to try and ease these shortages, including in-house training forsoftware developers and an increase in the use of contract workers.”One possible solution has already been developed at Edinburgh’s NapierUniversity where a pilot financial and IT course – devised after consultationwith 10 financial services companies – has 24 students due to complete theirstudies in two years. Related posts:No related photos.