Barclays hails UK tech sector job prospects

Financial services giant reveals upbeat attitudes to new jobs within UK tech sector.

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More than half (63 per cent) of the UK's technology firms plan to create new jobs this year, with 58 per cent opening up full-time positions, new research suggests.

According to Barclay's Job Creation Survey for 2013, which features contributions from more than 700 UK businesses, the percentage of tech companies expecting to open up new positions is higher than the cross sector average.

Its findings show that 56 per cent of all companies plan to create new jobs this year, while 63 per cent of tech firms plan to.

Further to this, 69 per cent of technology firms do not expect to cut jobs in 2013.

The survey revealed that 57 per cent of these jobs will be in senior management, and 37 per cent will involve more entry-level roles.

"The significant increase in top level jobs, higher than any other sector, demonstrates how serious these businesses are about achieving their ambitious growth plans," said Sean Duffy, managing director of Barclays' Technology, Media and Telecoms team.

As well as its upbeat findings about tech sector job prospects, the survey also examined the recruitment challenges facing the private and public sectors.

For example, 63 per cent of those surveyed said they don't expect the private sector will be able to provide work for all those affected by public sector job losses.

Part of the reason for this is because 59 per cent said they would not be interested in employing former public sector workers, while 39 per cent said they don't think they would be qualified to work in the private sector.

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