The revelation comes from a recent survey of UK directors by Oxford-based finance and accountancy recruitment company, Stephen Beagent Associates, which showed that only 2% believed that the Internet poses a serious competitive threat.
This is despite the fact that one in 10 UK households now shop online, which is predicted to rise to 43 million households across Europe by 2003.
Stephen Beagent said: ‘Finance personnel should rise to the challenge that e-commerce poses. We are seeing an increase in demand for dynamic qualified personnel from Internet-based start-up companies who are looking to grow dramatically over the next two or three years.’
Tax vacancies rose by 11% in London and the south east during Q1 of 2016, compared to the same period last year.
Kevin Reed discusses the week's news
Financial services continues to be profitable for consultants, generating £2.2bn in revenue last year
PKF Cooper Parry becomes the latest firm to expand into legal services, with a probate licence