PwC to take on 100 people across Edinburgh and Glasgow financial services operations

Watch more of our videos on ShotsTV.com 
and on Freeview 262 or Freely 565
Visit Shots! now
Auditing and business services giant PwC is set to recruit more than 100 people into its financial services practice in Scotland.

The firm said its recruitment drive comes as the financial services industry “moves to accelerate its digital transformation”.

PwC, which currently employs more than 300 people in financial services across its Edinburgh and Glasgow offices, is expanding across its lines of service to support a sector which is worth some £13 billion to the Scottish economy.

Hide Ad
Hide Ad

The additional jobs also represent a 10 per cent uplift in the firm’s total headcount across Scotland.

Fraser Wilson, financial services leader for PwC Scotland, says the pandemic has forced the financial services sector to accelerate the rate at which it has to change.Fraser Wilson, financial services leader for PwC Scotland, says the pandemic has forced the financial services sector to accelerate the rate at which it has to change.
Fraser Wilson, financial services leader for PwC Scotland, says the pandemic has forced the financial services sector to accelerate the rate at which it has to change.

Underpinning this growth in the largest sector of the Scottish economy is digital transformation, fintech - financial technology - disruption, the move to net zero and the recovery from the pandemic, the firm noted. When combined they represent a “huge opportunity for Scotland, its people, and their skills”, it added.

The move by PwC comes on the back of a recent report by the Financial Services Skills Commission, which indicated skills gaps are growing in the sector.

Fraser Wilson, financial services leader for PwC Scotland, said: “Like many industries, the pandemic has forced the financial services sector to accelerate the rate at which it has to change.

Hide Ad
Hide Ad

“Technology and the race to net zero have fundamentally altered the way the sector thinks and our role at PwC is to help enable that transformation.

“The demand for this runs right through our business and that’s why we’re recruiting more than 100 new people to work at all levels.

“Scotland’s financial services sector plays a fundamental role in the economy,” he added.

Read More
Audit giant PwC names new leader for Scottish practice with 1,000 staff

A message from the Editor:

Thank you for reading this article. We’re more reliant on your support than ever as the shift in consumer habits brought about by coronavirus impacts our advertisers. If you haven’t already, please consider supporting our trusted, fact-checked journalism by taking out a digital subscription: www.scotsman.com/subscriptions

Comment Guidelines

National World encourages reader discussion on our stories. User feedback, insights and back-and-forth exchanges add a rich layer of context to reporting. Please review our Community Guidelines before commenting.

News you can trust since 1873
Follow us
©National World Publishing Ltd. All rights reserved.Cookie SettingsTerms and ConditionsPrivacy notice