State of emergency to deal with jobs fallout
Published Date:
08 October 2008
EMERGENCY plans are being put in place to deal with mass job losses among Edinburgh's finance workers.
It emerged today that city chiefs are meeting with government bodies to discuss the risk to thousands of jobs.
City economic development leader Tom Buchanan said the first meeting of a cross-party emergency task force has already taken place. And he said they were approaching bodies including Scottish Enterprise to make sure there is a "strategy in place for job losses".
"We'll need a team in place to help people. The council has to be a facilitator in times like this, and let people know where to go for help." Councillor Buchanan has also held talks with representatives of HBoS and Lloyds TSB, and is planning to meet with bosses at RBS, to discuss the current economic situation.
Cllr Buchanan said the Capital needs to reduce its dependency on the financial sector for jobs.
"In these difficult times, while we want to continue our strength in the financial sector and protect high-value jobs, we have to look at other areas and diversify."
The full article contains 189 words and appears in Edinburgh Evening News newspaper.
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Last Updated:
08 October 2008 9:56 AM
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Source:
Edinburgh Evening News
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Location:
Edinburgh